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We’re in a volatile time for real estate. Prices are at record highs, mortgage rates reached 20-year highs last year, and some economic experts still believe we are heading for a recession.
Prices are going to explode, and you’re going to be paying more for the same house.”. And on another occasion, Corcoran said she could see prices increasing between 10% to 15%. She happened to ...
Read More: Grant Cardone: 7 Best Florida Cities To Buy Real Estate (and 1 To Avoid) Try This: Become a Real Estate Investor for Just $1K Using This Bezos-Backed Startup
That customary rate is no longer the default. Sellers can now expect to be asked for just one side of the commission pot, or what would now average 2.5% to 3%. "For the first time now, buyers will ...
That's compared to the 3.45% during the same time last year. “So, if you're looking to buy, don't wait because you want to get out there before the rest of the market jumps back in that's been ...
Dave Liniger, the founder of real estate brokerage RE/MAX, says the sharp rise in mortgage rates skewed the market. ... Is 2024 a good time to buy a house?
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But just because things could be easier on buyers this year doesn’t mean sellers are necessarily in for a tough time. Indeed, better days could be ahead, as some real estate experts anticipate ...