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Some specific housing markets are becoming even more attractive for buyers. The 30-year mortgage rate dropped to 6.47% as of August 8 — its lowest rate in more than a year, according to Freddie ...
In expensive parts of the country, any mortgage rate savings can help spark buyer interest, said Tim Nguyen, a real estate agent in Santa Clara, Calif., where the median home lists for more than ...
As the new year kicked off, more buyers trickled into the housing market. According to Redfin, mortgage-purchase applications were up 3% compared to a month ago during the first week of January ...
🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Pending home sales, a forward-looking measure on the housing market's health, gained momentum in February as some buyers picked up their purchase plans ahead of the spring — despite elevated rates.
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