• What Lower Mortgage Rates Mean for Your Purchasing Power,Marquesa Hobbs, Realtor

    What Lower Mortgage Rates Mean for Your Purchasing Power

    If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph b

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  • Year End Predictions for Home Prices & Home Sales in 2024,Marquesa Hobbs, Realtor

    Year End Predictions for Home Prices & Home Sales in 2024

    Are you thinking of Buying or Selling in 2024? Experts in housing have released their expectations for 2024 and it can help you start to strategize if you are considering buying or selling. They are predicting that home prices across the United States will end 2023 up 2.8% and rise another 1.5% in

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  • Do institutional investors own all of those remaining fourteen million homes? ,Marquesa Hobbs, Realtor

    Do institutional investors own all of those remaining fourteen million homes?

    Do institutional investors own all of those remaining fourteen million homes? Not even close. Not even close. Let’s take it one step further. There are four categories of investors: The mom & pop investor who owns between 1-9 SFRs The regional investor who owns between 10-99 SFRs Smaller national

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