Castle Realty Team PatRick

Castle Realty Team PatRick Having an experience Real Estate Broker at your side is key in getting your property SOLD. http://tpr.cm/q37- Get a FREE market report of your market area

08/13/2026

July inflation eased to 3.4%, while shelter costs also slowed. The softer reading could help limit upward pressure on mortgage rates. Inflation eased slightly in July, a welcome development for a housing market where mortgage rates have been climbing and buyers remain sensitive to changes in monthly...

08/12/2026

A pending or completed divorce can affect who must sign real estate documents, whether a sale can proceed and how the proceeds are handled. Agents should involve a title professional or attorney early rather than interpret divorce documents themselves. A spouse who moved out years ago could still ha...

08/11/2026

A new study calls out the $60,000 mistake that too many home shoppers keep making. Current mid-6% mortgage rates—with the 30-year fixed-rate mortgage averaging 6.48% this week—may be straining homebuying budgets, but lending experts say borrowers increasingly overlook one critical step that coul...

08/10/2026

Home prices rose in 80% of metro markets in the second quarter of 2026, up from 71% last quarter, according to the National Association of REALTORS®’ latest report. The data points to stronger homeowner equity and continuing affordability challenges for buyers.  The median price for a single-...

08/06/2026

Gen Alpha has about 2 million fewer members than Gen Z did at the same ages, while high housing costs continue to delay when many young adults establish homes of their own. The next generation of young adults entering the housing market will be smaller than the one before it, a shift that could affe...

08/05/2026

Luxury buyers are combining homes and vacant lots for more privacy, security and space, driving up demand – and premiums – for adjoining properties. Wealthy buyers are assembling private compounds by purchasing neighboring homes and vacant lots, a trend called "landmaxxing," Coldwell Banker said...

08/04/2026

FHA is considering a new way to manage partial claims that could reduce paperwork and help prevent delays when homeowners sell, refinance or transfer a property. A proposed change to a FHA mortgage relief program could help prevent an old partial claim from becoming an unexpected obstacle when a hom...

08/03/2026

Retirement can prompt important housing decisions. Realtors can build trust by helping customers compare home values, maintenance needs, lifestyle goals and relocation options, even when downsizing is not the plan. Retirement is a milestone moment in life. Each person has their own vision of an idea...

07/31/2026

The 30-year fixed rate reaches 6.66% as bond yields respond to Iran conflict. That's still slightly below the average of 6.72% a year ago. The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping f...

07/30/2026

The Fed held rates steady as inflation and energy prices remain high, though growing expectations of a September hike could keep borrowing costs elevated. The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the...

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