Homestead Realty Group

06/02/2023

Again, where do we go from here?...

Nearly 5.5 million more households are priced out of the housing market today than a year ago, NAR data shows.

05/31/2023

What happens next?...

A few major mortgage rates crept higher over the past week. As interest rates surge, it's getting more expensive to buy a house.

05/24/2023

More positivity....

As existing home listings have fallen, the inventory of new homes has increased — and prices have dropped — making them an attractive option.

05/14/2023

Good news?...

The average rate on 30-year fixed mortgages dropped for the second consecutive week, leading to a quick impact to mortgage and refinance applications.

05/01/2023

Possible steady market?...

Tri Pointe Homes CEO Doug Bauer joins 'Squawk on the Street' to discuss Bauer's viewpoint on the state of the housing market, if those who have resisted listing will list their houses, and more.

05/01/2023

1031 Exchange info....

The 1031 exchange is a valuable tool for real estate investors looking to defer capital gains taxes while growing their portfolios. However, not all 1031 exchanges are the same.

04/24/2023

Very cool...

Roughly one-third (30%) of 25-year-olds owned their own homes in 2022, according to new data published by Redfin (NASDAQ:RDFN).   This healthy percentage of Gen Z homeowners can be attributed to the pandemic era, when young adults who enjoyed strong financial health in a vibrant job market where ab...

04/14/2023

A little positive news never hurts...

Mortgage rates were on the decline again, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTC:FMCC). The 30-year fixed-rate mortgage averaged 6.27% as of April 13, down from last week when it averaged 6.28%. A year ago at this time, it averaged 5.00%. The 15-year fix...

04/10/2023

Draw your own conclusions...

Here's a closer look at regional housing forecast models produced by Zillow and Moody's.

04/06/2023

Another great listing in Limestone county! Check it out today!