General News - Real Estate, Updates, News & Tips

Contract Signings Surge to Highest Rate Ever in December

Pending home sales reached a record high for December last month as the unseasonable housing surge continued in markets across the country during the COVID-19 pandemic.Pending sales were up 21.4% year over year in December, reaching the highest reading for a December on the National Association of REALTORS®’ Pending Home Sales Index. All major regions of the U.S. recorded double-digit increases annually.However, the index—a forward-looking i

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Welcome to the Team Shams Noorani Dealing the DFW Area

About Shams I'm consistently a top producer at my brokerage where I'm supported by a staff dedicated to selling your home for top dollar. I work hard and consider myself a top producing real estate professional for you. There are a lot of moving pieces for every transaction, so you need an experienced Realtor like me that works well with various vendors, inspectors, title companies, and lenders to make sure you don't have to worry about a thing.

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This is the Best Time of Year to Get a Mortgage

Home buyers better hurry: This month may offer the best time of year to get a mortgage. But February can offer some of the best rates too, according to a new study from Haus, a home-finance startup.The firm studied seasonality, loan size, credit scores, and other factors that play a role in mortgage rates. Researchers found that in January, lenders tend to offer discounts of nearly 20 basis points compared to the time period between June and

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Home Sellers in 2020 Averaged $69K in Equity

Home seller profits are soaring as home prices set new records in the pandemic. Home sellers nationwide in 2020 saw a home-price gain of $68,843 on the average sale—that is up from $48,500 two years prior, according to new research from ATTOM Data Solutions, a real estate research firm. Seller profits increased in more than 90% of the housing markets tracked, too.Home seller equity for single-family homes and condos represented a 34.7% return o

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Housing Markets with the Highest, Lowest Inventories

Housing inventories aren’t being replenished fast enough for home shoppers. As a result, they’re finding fewer and fewer home choices.At the end of December 2020, housing inventory was 23% lower than a year earlier and sitting at an all-time low of 1.9-month supply at the current sales pace, according to the National Association of REALTORS®.The housing markets with the lowest inventory in the third quarter of 2020 were:Austin, Texas: 0

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The Top 10 States Americans are Leaving and Moving to

Millions of Americans relocated in 2020 and many due to the COVID-19 pandemic. College students and young adults moved home, and a new breed of remote working Americans no longer tied down to a long commute sought new places to call home.Idaho ranked as the nation’s leader for inbound moves—that is, people moving in—while New York had the greatest outbound moves—people leaving the state, according to the 2020 Atlas Van Lines Migrations Pa

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Welcome to the Team Keara Morris Dealing the Orlando Area

iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.

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$25B in Rental Assistance is on the Way

As part of last month’s COVID-19 stimulus package, $25 billion in federal assistance funds are expected to be disbursed to states today, Jan. 26.There could be a rush for funds with an estimated 14 million Americans are behind on their rent. Further, rental arrears in the country may be near $70 billion, CNBC reports.To qualify for rental assistance, at least one member of a household must have experienced income loss, significant expenses due

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Wealth Gap Grows within the Housing Market

The pandemic is expanding the divide between those who are thriving financially and those who aren’t, CNN reports. Stock market growth is enriching the wealthy and they’re up-sizing by purchasing pricier homes. However, those facing unemployment in the pandemic and first-time buyers who don’t have equity in a current house, are struggling in the housing market.Homeowners with mortgages gained about $17,000 in equity in just the third quarte

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Welcome to the Team Gregory Ford Dealing the DFW Area

Referred by Daretha PauliPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.

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