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A new multi-billion-dollar housing bond program from Freddie Mac will support affordable homeownership and serve historically underserved markets. Learn more:
Host Realty retweeted
Home prices have continuously risen for the last 9 years, since February 2012. The median existing-home price rose to $310,800 in November; 15% more than a year earlier; 41% more than five years earlier. ow.ly/Q7cX50D8Xhh
Host Realty retweeted
Unsold inventory sits at an all-time low 2.5-month supply at the current sales pace, down from 2.7 months in September and down from the 3.9-month figure recorded in October 2019. #NAREHS
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"Following the trend of the 10-year Treasury yields, these ultra-low mortgage rates are expected to stay low. Freddie Mac will release the 30-year fixed mortgage rate tomorrow morning. Stay tuned."
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Instant Reaction:"Mortgage rates sharply fell this week reaching a new record low. Following the trend of the 10-year Treasury yield, the 30-year fixed-rate mortgage dropped to average 2.81% this week from 2.87% the prior week. ow.ly/6hjD50BTCvN
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In August 2020, pending home sales were up 8.8% month-over-month. ow.ly/sH7z50BM2I5 #NARPHS
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Mortgage rates fell this week as market watchers await the key jobs data release on Friday. The 30-year fixed-rate mortgage dropped to average 2.88% this week from 2.90% the prior week. ow.ly/hGO250BGMvI
Host Realty retweeted
INSTANT REACTION: NAR Chief Economist, Lawrence Yun, on Unemployment, May 8, 2020.
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NAR Research compiles the latest housing market data in this weekly monitor, based on what REALTORS® are seeing in their market, mortgage data, jobless claims, foot traffic, and the latest home sales numbers. ow.ly/oeJk50zggLS
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There’s a right and wrong way to disinfect. If you want to truly kill the germs, be sure to take these steps. ow.ly/gZ0l50yOd7z
Host Realty retweeted
Instant Reaction: NAR Chief Economist, Lawrence Yun, on today's interest rate cut.
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In January 2020, pending home sales were up 5.7% year-over-year. ow.ly/NM2y50yySri #NARPHS
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First-time buyers were responsible for 33% of sales in September; Individual investors purchased 14% of homes in September; All-cash sales accounted for 17% of transactions in September; Distressed sales represented 2% of sales in September. #NAREHS
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We've put together a home closing checklist that outlines your action points in those few days leading up to settlement! ✅ rltor.cm/auds7
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States with the strongest gains were Utah (3.0%), Nevada (3.0%), Washington (2.5%), Arizona (2.5%), Florida (2.5%), Oregon (2.3%), Texas (2.3%), Idaho (2.2%), New Hampshire (2.2%), South Dakota (2.2%), and Colorado (2.1%). ow.ly/PXTZ50wzRPm
Host Realty retweeted
Read on for details about where to start, and who to call if you need reinforcements. 💪
rltor.cm/m8jyq