Donna Cockrum at Keller Williams North Shore West

04/05/2025

Mortgage rates went down today. First time home buyers contact me asap!

01/29/2025

Offered by: Donna Cockrum of Keller Williams North Shore West

01/04/2025

From NAR news. "Home buyers seem to be getting over the shock of mortgage rates in the mid- to upper-6% range. The 30-year fixed-rate mortgage averaged 6.72% this week, Freddie Mac reports. Despite the Federal Reserve’s recent rate cuts, that average has held steady.

Still, existing-home sales in November were up about 6% year over year, NAR reported Thursday. “Consumers may no longer be expecting the 3% to 4% mortgage rates from the COVID days,” Lawrence Yun, chief economist of the National Association of REALTORS®, said in a conference call Thursday announcing the latest uptick in existing-home sales. “With mortgage rates mostly stable … more homes available for sale … and job creation up, this is pushing home sales higher.”"

01/01/2025

12/29/2024

With this weather it's not to hard to believe that the spring market is right around the corner. Soon the market will start picking up, rates are down some and some still have to sell and some still want the American dream of owning their own home. It would be my pleasure to assist in anyway I can. Just let me know, I'm ready how about you all?!

12/25/2024

12/22/2024

Some welcome news from the NAR. "The average rate for the 30-year fixed-rate mortgage dialed back to 6.69% this week, falling from 6.81% the previous week, Freddie Mac reported Thursday. It marks the lowest average in more than a month, and the drop was enough to push up mortgage application activity, a gauge of homebuying activity."

12/17/2024

The average person will live in a home for 10 to 13.2 years.
The median buyer age is 56 years old.
51% of those who own homes from 52 to 58 are downsizing.
30% of adults aged 55 and older live in rented accommodations, more than ever since 1965.
The median age of first-time buyers is 38 years old.
The median age of repeat buyers is 61.
The typical age of home sellers was 63 this year, the highest ever recorded.

12/16/2024

12/14/2024

From NAR news. "The 10 Top Housing Hot Spots for 2025
In alphabetical order, the following 10 markets have been identified as the top performers for 2025 due to their strengths across several indicators. All areas offer a favorable financing environment – either with lower proportions of locked-in homeowners or lower mortgage rates. In addition, most of these markets outperform the national average in at least six of NAR's 10 criteria (details in methodology below).

Boston-Cambridge-Newton, Massachusetts-New Hampshire
Charlotte-Concord-Gastonia, North Carolina-South Carolina
Grand Rapids-Kentwood, Michigan
Greenville-Anderson, South Carolina
Hartford-East-Hartford-Middletown, Connecticut
Indianapolis-Carmel-Anderson, Indiana
Kansas City, Missouri-Kansas
Knoxville, Tennessee
Phoenix-Mesa-Chandler, Arizona
San Antonio-New Braunfels, Texas"

12/11/2024

From the NAR magazine.
"Broker’s Over-the-Top Holiday Display Benefits Charity
California real estate pro Michael Pasqualino’s supersized decorations attract tens of thousands of visitors each year to marvel at his front doorstep—and donate to good causes.
Michael Pasqualino's home deocrated with holiday lights
© Courtesy of Michael Pasqualino
California broker Michael Pasqualino's home in Orange County is covered with 70,000 holiday lights.
Few people do Christmas decorations on the scale of Michael Pasqualino’s.

Each year, Pasqualino, broker-owner of Door Finder Real Estate in Tustin, Calif., and his family awash their home in about 65,000 holiday lights. And they do it not just to spread holiday cheer to the community—Pasqualino’s house attracts 30,000 to 40,000 looky-loos annually—but also to raise money for many charitable causes over the years.

This year, Pasqualino’s family is collecting funds for St. Jude Children’s Research Hospital."