Homestead Realty Group

Again, where do we go from here?...

Mortgage Rates Again Near 7% Nearly 5.5 million more households are priced out of the housing market today than a year ago, NAR data shows.

What happens next?...

Here Are Mortgage Rates for May 30, 2023: Rates Move Upward A few major mortgage rates crept higher over the past week. As interest rates surge, it's getting more expensive to buy a house.

More positivity....

Newly built homes a hot commodity for spring buyers As existing home listings have fallen, the inventory of new homes has increased — and prices have dropped — making them an attractive option.

Good news?...

Housing market on the rise? Mortgage rate dip has immediate impact on several aspects. The average rate on 30-year fixed mortgages dropped for the second consecutive week, leading to a quick impact to mortgage and refinance applications.

Possible steady market?...

Tri Pointe Homes CEO on the state of the housing market Tri Pointe Homes CEO Doug Bauer joins 'Squawk on the Street' to discuss Bauer's viewpoint on the state of the housing market, if those who have resisted listing will list their houses, and more.

1031 Exchange info....

Exploring Different 1031 Exchange Structures for Real Estate Investors The 1031 exchange is a valuable tool for real estate investors looking to defer capital gains taxes while growing their portfolios. However, not all 1031 exchanges are the same.

Very cool...

Redfin: One-Third of 25-Year-Olds are Homeowners Roughly one-third (30%) of 25-year-olds owned their own homes in 2022, according to new data published by Redfin (NASDAQ:RDFN).   This healthy percentage of Gen Z homeowners can be attributed to the pandemic era, when young adults who enjoyed strong financial health in a vibrant job market where ab...

A little positive news never hurts...

Mortgage Rates Drop For Fifth Straight Week Mortgage rates were on the decline again, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTC:FMCC). The 30-year fixed-rate mortgage averaged 6.27% as of April 13, down from last week when it averaged 6.28%. A year ago at this time, it averaged 5.00%. The 15-year fix...

Draw your own conclusions...

Housing market analysts are divided: Zillow and Moody’s issue starkly different home price forecasts for the nation’s 400 largest markets Here's a closer look at regional housing forecast models produced by Zillow and Moody's.

Another great listing in Limestone county! Check it out today!