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Homebuyers are facing growing challenges in the market, while some current homeowners need help with rising costs and missed mortgage payments. The housing market shows signs of caution, with indicators returning to pre-pandemic levels as buyers and investors weigh their options more carefully. Let's connect if you're in the market for a new home! I’d love to help you explore the best options and find ways to save on your purchase. www.YaelShaneeRealtor.com #yaelshaneerealtor #Homebuying #RealEstate #HousingMarket #Homebuyers #Homeownership #MortgageRates #HousingTrends #InvestmentTips #PropertyInvestment

Standing out in today’s competitive real estate market is no easy task, but there are smart strategies that can help. From getting pre-approved for a mortgage to crafting a compelling offer, this article from CBS News highlights key tips for homebuyers looking to make an impression in a crowded market. Check it out for expert advice to increase your chances of landing your dream home!

As we step into the latter part of October 2024, the real estate landscape is shifting with mortgage rates reaching 6.44%. This change has significant implications for homebuyers, investors, and industry professionals alike. In this article from Realtor.com, delve into the factors driving these rate increases and explore how they impact affordability, market dynamics, and future trends. Whether you’re considering buying a home or looking to invest, understanding these developments is crucial for making informed decisions in today’s evolving market. Read on for a comprehensive analysis and expert insights, or give me a call for my personal recommendations: 312-752-6443. https://lnkd.in/gDUxFrmc #chicagorealtor #realtor #mortgagerates #housingmarket #realestate #atproperties #sellersagent #homeowners #buyers #homebuyers #homes

Saving enough money for a down payment is the biggest challenge for homebuyers, especially first-time homebuyers. What is the average down payment in 8 metros in California? Well, it depends ... and the results may surprise you. CALIFORNIA ASSOCIATION OF REALTORS® Rocket Mortgage Redfin Zillow Realtor.com #homeprices #homesales #downpayment

Another insightful article shedding light on the current housing market trends. Research by the Mortgage Advice Bureau reveals that one in three prospective buyers are postponing their property purchases, with 36% of first-time buyers being impacted. Factors such as rising housing prices, increased interest rates, and the ongoing cost-of-living challenges are shaping homebuying decisions. Lenvi #housingmarket #homebuyers #realestate

Massachusetts Housing Market Trends 2024: Massachusetts Housing Market Trends & Forecast For those looking to buy a home, Homeownership Hub and Fairway Independent Mortgage offer detailed data on the Massachusetts real estate market. In the […]

On Thursday, Freddie Mac revealed that the 30-year fixed rate declined to 6.77 percent, the lowest point since March. The drop in rates means that homebuyers go into the housing market with improved strength, according to Redfin. Potential homeowners budgeting to spend $3,000 a month in mortgage payments now boast $25,000 more in purchasing power with rates about 6.8 percent. They can afford to acquire a property priced at $450,000 as of July 17, compared to when rates were at 7.5 percent in April and they could afford a home only costing $425,000.

10 first-time homebuyer tips: How to get that house https://lnkd.in/d3PFptBi The U.S. housing market is as challenging as ever for homebuyers, with mortgage rates close to a 23-year high, housing prices near an all-time record and inventory tight across the nation...

3 options for homebuyers navigating elevated interest rates in 2024 https://ift.tt/BJKXQDV As spring blossoms and the real estate market heats up, prospective homebuyers may need assistance navigating the current housing landscape, which presents unique challenges amidst relatively elevated interest rates and limited housing inventory. Here's a guide to new opportunities in the mortgage market as we embrace the spring of 2024. Interest rates have been a focal point for many in the housing market, and as we step into spring 2024, they remain somewhat favorable by historical standards.… via Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com https://ift.tt/EskDH4f May 30, 2024 at 11:00PM

Now is the time to buy a home. Don't take it from me, here's a take from The Blueprint: Now is a great time for serious homebuyers to get under contract on a house, especially when compared to earlier this year and all of last year. Mortgage rates are at their lowest level in more than four months, thanks to the latest inflation reports. Many sellers are having a hard time finding buyers due to the uptick in homes for sale and many listings going stale. This gives buyers a chance to get a good deal and negotiate for other concessions, like home repairs or help with closing costs. Our advice: tell your buyers to start taking action now before the Fed cuts rates in September and more people jump into the market. Want to strategize on how you can close more transactions in the next 12 months? Reach out today. https://lnkd.in/gshA6Djj