Has Lower Home Inventory Cooled Home Buyer Demand?, Never Use This To Value A Property, Fed Reserve Telegraphs This Next Move

Has Lower Home Inventory Cooled Home Buyer Demand?

Real Estate Tip:

Never use a seller’s asking price as a gauge of market value for a property. A property owner may request any price for his property-this may or may not be anywhere near market value. The current market value of a residential property is based primarily on what a similar property has sold for in the last 6 months.

Real Estate News:

The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down. Even small cuts in rates could make a meaningful difference in what a home buyer will pay.

How Lower Housing Starts Will Affect Home Prices And Supply, Maximizing Your Property Insurance Protection, New Home Sales Fall

How Lower Housing Starts Will Affect Home Prices And Supply

Real Estate Tip:

When you file a property insurance claim, document damage with both photos and video.

Real Estate Insight:

US New-Home Sales Fell to Slowest Pace Since Early 2016

Fall Housing Market Forecast, Don't Forget About This When Calculating Property Rehab Holding Costs, US Construction Costs Move Even Higher

Fall Housing Market Forecast

Real Estate Tip:

When you estimate holding costs for a property rehab, consider estimated renovation time as well as the time required to sell the property

Real Estate Insight:

US construction costs continue to soar--rising more than 10% since last year