Inventory keeps contracting as higher rates deter sellers: Redfin

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Therefore the seller that does not renovate often nets more than the one who does (Zillow). All the seller would have to do is not do any renovating at all and net more than the $1000 spread. They’d have a higher likelihood of netting more than the $1000 difference by not spending the time or money in ANY renovation.

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Foreclosure activity is at the lowest level in over a decade Inventory keeps contracting as higher rates deter sellers: redfin homes this spring are selling faster than ever – Homes are flying off the shelves this spring. mortgage rates of the year. Home sales jumped nearly 9 percent in March compared with March 2016, even as the number of.

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REO brokerage acquired by Quaint Oak Bank Inventory keeps contracting as higher rates deter sellers: Redfin mortgage rates continue to fluctuate and inventory is limited in some areas. Buying a home is a stressful and time-consuming process. A recent survey from Owners.com shows that more than.

Redfin expects the 30-year fixed mortgage rate to climb, but no higher than 4.3% in 2017. Wall Street’s optimism for economic growth and inflation in 2017 is expected to keep mortgage rates low. 4.

September market stats were published by the nwmls today. home prices have leveled off as sales continue to slip and inventory piles up. Year-over-year listing growth hit its highest level ever as the number of homes on the market reached its highest level since January 2012.

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Some who had locked in ultra-low fixed mortgage rates may be reluctant to take on a new loan at a higher. Its inventory was up 6.5 percent in the first quarter. Yet it was still down 61 percent.

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