November’s Industry News Update
What’s happening in the real estate industry you ask? Check out these top headlines! BRING IT ON! A GIANT PORTAL is on the rise and they are NOT afraid to show it. Rents continue to rise…. How this affect the home purchasing maket. Co-Star has purchased HomeSnap; birthing the new company CITYSNAP. While Co-Star […]
October’s Industry News Update
Building Material Prices: Large Increases Year to Date Although the recent drop in softwood lumber prices since mid-May is helping bring costs down (after having driven them up drastically earlier in the year), the decline has been offset by large increases in the prices of several other building material products. Let’s talk DECINE – framing lumber prices […]
September’s Industry News Update
Nationally – According to the NAR | U.S. housing market: quick rebound, low supply, prices continue to surge. Here is their why: “Looking back at the bubble years, house prices exceeded house-buying power in 2006 nationally, but today house-buying power is nearly twice as high as the median sale price nationally… Many find it hard […]
August’s Industry News Update
Crickets…. This is what we have heard for the last month or so, in regard to the possibility of a Home Buyer Tax Credit. Here is what the administration was proposing: Biden’s $15K first-time homebuyer tax credit now a bill: The First-Time Homebuyer Act would provide a tax credit of up to 10% of the […]
June’s Industry News Update
What is going on lately in the Real Estate Industry? Check out this month’s update from the desk of Laura Piatt, Ticor Title Mid-Valley Sales Manager Who’s tired of hearing about the wood? I for one, am tired of talking about it. In short, it will continue to increase as will other building supplies as […]
May’s Industry News Update
What is going on lately in the Real Estate Industry? Check out this month’s update from the desk of Laura Piatt, Ticor Title Mid-Valley Sales Manager Homebuyers canceling contracts as lumber costs CONTINUE soar…..Increasing of mortgage rates are not helping either.Let’s talk about it! Rising costs for lumber and other materials are causing new home contracts to […]
April’s Industry News Update
What is going on lately in the Real Estate Industry? Check out this month’s update from the desk of Laura Piatt, Ticor Title Mid-Valley Sales Manager Mortgage Rates Hit Three Percent March 4, 2021 – Sam Khater, Chief Economist at Freddie Mac“Since reaching a low point in January, mortgage rates have risen by more than […]