Homeowners are holding onto their properties without plans to sell.
Rising home prices and mortgage rates are reinforcing the lock-in effect, as many homeowners choose to remain in their current properties despite increased inventory.
Rising home prices and mortgage rates are reinforcing the lock-in effect, as many homeowners choose to remain in their current properties despite increased inventory.
Home price predictions remain steady, with 38% of respondents expecting increases. Examine insights from Fannie Mae's latest sentiment index.
A recent analysis highlights that only 2.5% of U.S. homes sold in early 2024, with a significant portion of homeowners opting to stay put indefinitely.
Inventory surges and rising home prices boost optimism among agents in the luxury real estate sector, signaling potential opportunities for private lenders.
Discover how modular construction supports sustainable practices for housing developers, mitigating costs while enhancing resiliency amid economic and environmental challenges.
Rising mortgage rates have led to a notable decline in applications, as highlighted in the MBA's latest survey. Seasonal adjustments could not offset the drop.
New York City leads the nation with a 7.3% annual price surge, showcasing dynamic market trends that may influence lending strategies for private lenders.
Private lenders should explore the benefits of AI tools like ChatGPT, as discussed by JPAR's Tiffani Marroquin on the RealTrending podcast for enhanced efficiency.
Explore the impact of the Fed's rate decisions on mortgage rates, highlighting key insights for private lenders navigating a challenging lending landscape.
Explore the workings of real estate teams, key roles involved, and essential insights on commission splits and benefits for private lenders.