Market Force Realty

License #: RB067875

Phone:
866-993-8585
Fax:
215-608-4308
Contact Us

Market Force Realty

License #: RB067875

Phone:
866-993-8585
Fax:
215-608-4308
Contact Us

news aggregator

Mortgage Rates Drop Below 5%

USA Real Estate News-RISMedia - Thu, 2022-08-04 14:02

The 30-year fixed-rate mortgage (FRM) averaged 4.99%, dropping below 5% for the first time since April, according to the Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday.

Key findings:

Home Showings Drop Again in June, But Remain Above Pre-Pandemic Levels

USA Real Estate News-RISMedia - Thu, 2022-08-04 14:01

The days of prospective buyers showing up in droves for home viewings, a phenomenon seen across the country during the pandemic, may be over.

Home showings declined again year-over-year in June, according to recent data from ShowingTime’s Showing Index®, a monthly data tracker, which will be welcome news to house hunters concerned about fierce competition. But, even though showings were down 18.7% from last year, activity was still significantly higher than pre-pandemic levels.

Almost Half of Homeowners Are Now Equity-Rich

USA Real Estate News-RISMedia - Thu, 2022-08-04 14:00

Elevated mortgage rates and climbing inflation have not dampened the steady rise of homeowner equity, buoyed by soaring home values due, in part, to a historic housing supply shortage.

Forty-eight percent of mortgaged residential properties in the United States were considered equity-rich, meaning the owner has at least 50% equity, in the second quarter of 2022, according to newly released data from ATTOM, a curator of real estate data.

Keller Williams Q2 revenue rises 1% to $146.8B amid inventory woes

USA Real Estate News-Inman - Thu, 2022-08-04 13:59
Market headwinds clobbered Keller Williams transaction volume for the third consecutive quarter, according to earnings Thursday. However, sales volume and agent count remained steady.

Laying off brokerage staff amid a downturn? Think twice

USA Real Estate News-Inman - Thu, 2022-08-04 13:06
There are ways that brokerages can cut costs during a market slowdown without risking its agent morale, according to brokers at Inman Connect Las Vegas on Thursday.

Virtual brokerage Radius launches mortgage arm in California

USA Real Estate News-Inman - Thu, 2022-08-04 12:59
The company's move into mortgage lending comes on the heels of a $14 million Series A round led by Trulia co-founder Pete Flint's NFX Ventures.

Keller Williams President: Real estate has become consumer centric

USA Real Estate News-Inman - Thu, 2022-08-04 12:33
Alongside RE/MAX President and CEO Nick Bailey, Keller Williams President Marc King also hinted Thursday at Inman Connect Las Vegas that KW may not be in a rush to begin selling shares to the public.
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At Market Force Realty we uphold an ongoing commitment to providing an elevated level of personal service. Our clients come first, and as a result, they are able to achieve more than they ever dreamed with their real estate investment.

Because we expect more from our associates, you can expect more from us when it comes to the important sale or purchase of your property. When it comes to your next move, we want you to experience the difference exceptional real estate service can make.

Contact us today, for free real estate advice, to find your nearest sales associate or to find your dream home!