New Year, New Record-Low Mortgage Rate: 2.65%
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The pandemic pushed mortgage rates lower in 2020 and kept doing so this first week of 2021. The 30-year, fixed-rate is down from last week’s 2.67% and last year’s 3.64%.
January 7, 2021
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NAR Chief Economist Yun predicts low mortgage rates (3.1%) next year, a 3% home price increase, 9% existing-home sales increase and a 23% surge in new-home sales.
January 7, 2021
NAR FORECAST: 2021 COULD BE REAL ESTATE’S BEST WINTER EVER
The...CONTINUE READING ARTICLE
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An analysis of 3Q buyer searches on Redfin’s website found 22K more people from other states looked for a Florida home than the number of Floridians who looked elsewhere.
January 7, 2021
IN-HOME SEARCHES, ‘NEW YORK’S LOSS IS FLORIDA’S...CONTINUE READING ARTICLE
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Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in Broward County. The reports compare year-over-year data for November. Here are statistics on single family homes.
January 7, 2021
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High Home Prices Continue Beyond Summer Peak
October 8, 2020
Home prices have hit a record-high growth of 12.9% over the last year. Yet the higher prices aren’t scaring buyers. Homes are still selling quickly—nearly two weeks faster...CONTINUE READING ARTICLE
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