Broad Ripple Realty, LLC

Name: Broad Ripple Realty, LLC
Address: Broad Ripple Executive Bldg-1111 54th Street (Near Mama Corolla’s), Indianapolis, IN, 46220, US
Telephone: +13175382889

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Indianapolis, IN
Broad Ripple Realty, LLC

BROAD RIPPLE REALTY, LLC, is a small boutique

06/10/2022

With mortgage rates on the rise and earnings falling behind home price increases, is it a good time to buy a house right now? Learn more about home affordability in this interesting read! !

Nationally, housing affordability declined in March 2022 compared to February, with the monthly mortgage payment increasing by 9.7% while the median family income increased by 1.1%.

06/08/2022

When deciding when is the best time to buy or sell, the overall health of the housing market should play a big factor. Examining what has changed since pre-pandemic can provide insight into the spring home-buying season. !

First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales Model, analyzing the housing market's performance against its potential.

06/06/2022

Economists predict a decline in home price appreciation, from a peak of 19.8% in the first quarter of this year to 6.5 percent in the first quarter of 2023. Learn more by the Fannie Mae Forecasts! !

Home sales are now expected to decline by 7.4 percent this year and 9.7 percent in 2023, a dramatic adjustment from March, Fannie Mae economists say.

06/03/2022

Home sales are expected to drop 7.4% this year and 9.7% in 2023, according to experts at Fannie Mae. Now is the time to sell! #️⃣HomebuyerSentiment !

A record low 19 percent of Americans say it's a good time to buy a home, according to a monthly survey Fannie Mae's been conducting since 2010.

06/01/2022

Rising mortgage rates have an impact on both housing supply and demand. Although mortgage rates have increased, house-buying power is above $360,000, which is still high compared to 2018. Link below! !

First American Chief Economist Mark Fleming shares his proprietary Real House Price Index, examining how rising mortgage may impact affordability.

05/31/2022

See why mortgage delinquencies drop to a record low in this interesting read. !

The percentage of homes with mortgages that have late payments or are in foreclosure has dropped to the lowest seen on record in more than two decades.

05/30/2022

As a means of coping, ARM loans are coming back due to the rapid increase in mortgage rates. According to the MBA survey, ARM loans accounted for 9% of mortgage loan applications in the previous weeks. !

ARM loans accounted for 17 percent of mortgage applications by dollar volume, with the average borrower seeking a $728,900 loan.

05/27/2022

See what Senior Economist and Director of Forecasting, Nadia Evangelou at the National Association of Realtors has to say about the mortgage rates today. ⬇️ !

After last week's surge, the 30-year fixed mortgage rate rose slightly to 5.30% from 5.27% the previous week. Unyielding inflation and the Fed's tightening policy seem to be the main drivers of today's mortgage rates.

05/26/2022

We're in the midst of the hottest housing market in the nation's history. Home prices nationwide have risen 18.8% in the last year. However, housing experts made it clear that this outburst may eventually end. Sell Now! !

But all signs point to the housing market's boom continuing through at least the spring.

05/25/2022

There's no denying that home prices and mortgage rates are at all-time highs. Borrowers are choosing adjustable-rate mortgages (ARM) or paying "points" to lower their interest rates. This article explains more! !

If mortgage rates rise another half a percentage point, or if home prices go up 5 percent, affordability will hit the worst levels on record.

05/24/2022

The rise in commercial real estate prices continues to surpass the rise in real estate income growth. Is this to say that property values haven't reached their peak yet? Click to find out ➡️ !

First American Senior Commercial Economist shares his proprietary Potential Cap Rate Model, which estimates a potential national cap rate based on several CRE market fundamentals.

05/23/2022

The housing shortage has reached a breaking point, making it a battleground for buyers and sellers. But don't panic! Despite the bidding wars, you might be able to buy a home soon. Continue reading to learn how ➡️ !

Cash may be king, but terms also matter. Here are some tips for making your offer stand out in a bidding war.

Address

Broad Ripple Executive Bldg-1111 54th Street (Near Mama Corolla’s)
Indianapolis, IN
46220

Telephone

+13175382889

Website

http://broadripplerealty.net/

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