Post Pandemic Surging Mortgage Rates Are Driving Home Buyers From The Market Causing Prices To Plummet Surging mortgage rates are making an already tough U.S. real estate market for prospective buyers even tougher. They have faced double-digit price increases and cutthroat competition for listed properties. Now they are facing another challenge of rising mortgage rates. […]
Surging Mortgage Rates Are Driving Away Home Buyers Read Post »
The National Association of Realtors Says Existing Home Sales Plummet 7.2% For First Quarter 2022 Existing-home sales plummet by 7.2% this quarter according to the NAR. This continues a seesawing pattern of gains and declines since Christmas. The NAR is say that each of the four major U.S. regions saw sales fall in February. They
Existing Home Sales Plummeted By 7.2 Percent Read Post »
Mortgage Bankers Association Predicts Home Prices Will Plummet By The End Of 2022 What goes up must come down and home prices are no different. The Mortgage Bankers Association is saying that is exactly what they predicting will happen. However, they say it won’t happen until the 4th quarter of 2022. Even logic dictates home
Home Prices To Drop In Late 2022 According To MBA Read Post »
Its Raining Benjamins From Heaven For Municipal And State Governments Thanks To Rising Property Values It’s Deja Vu all over again thanks to pandemic related rising property values. Property values are rising faster than they did prior to the 2008 financial crisis. As a result, local and state governments are raking in tax dollars just
Rising Property Values Mean More Tax Revenue For Local Municipalities Read Post »
Can’t Get Your South Dakota Real Estate Appraiser Certification? Call Your Mommy The Governor To Bully State Licensing Officials What do you do if you can’t get certified as a South Dakota real estate appraiser? You call your mommy thebeauty pageant contestant turned governor. That’s exactly what Kassidy Peters did. The 26 year-old Peters is
Real Estate Appraiser Certification Officials Bullied By Governor Noem Read Post »
