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Luxury Living

How Much Leverage Do Today’s House Sellers Have? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

How Much Leverage Do Today’s House Sellers Have?

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the…
Donna Stott
February 24, 2021
The Reason Mortgage Rates Are Projected to Increase and What It Means for You Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s…
Donna Stott
February 23, 2021
The Luxury Market is Attracting Buyers in 2021! Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

The Luxury Market is Attracting Buyers in 2021!

As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of 2020, despite the devasting effects…
Donna Stott
February 10, 2021