October 11, 2019 © REALTOR® MAGAZINE The 30-year fixed-mortgage fell 8 basis points this week, averaging 3.57%, Freddie Mac reports. The lower rates are drawing out more home buyers in the fall market. “Despite the economic slowdown due to weakening manufacturing and corporate investment, the consumer side of the economy remains on solid ground,” Continue Reading
Real Estate News
REALTORS® Indicate Bidding Wars Haven’t Ended
October 7, 2019 Home buyers shouldn’t assume bidding wars are a thing of the past. In August, there was an average of three offers for every home sold, according to the 2019 REALTORS® Confidence Index Survey. That figure has stayed mostly consistent since October 2015, when the National Association of REALTORS® started tracking such data. Competition tends to be Continue Reading