Homebuyers and refinancers hoping for a swift return to low mortgage rates received sobering news at the Mortgage Bankers Association’s (MBA) annual convention in Las Vegas. The trade group’s chief economist, Mike Fratantoni, delivered a clear message: mortgage rates will …
View MoreAre you considering selling your home? Even though more homes are on the market this year than last, there’s still a significant shortage in the overall housing supply. With demand remaining high, selling your home could offer you a unique advantage. Here’s why.
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The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home …
On one hand, the ongoing home price correction—which saw U.S. home prices fall 2.4% between June and October—has been mild. On the other hand, economists and analysts remain sharply divided on whether this is simply a minor setback for home price growth or the early innings …
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position.
As the Federal Reserve (the Fed) made …
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing …
As prices remain high, Baldwin County real estate exhibits signs of stabilizing from the wild 2021 market. Baldwin REALTORS® Multiple Listing Service (MLS) reports county-wide year-over-year decreases of 10.7% in total sales revenue and 22.9% in total properties sold. Average Days on Market (DOM) also …
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If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.
The Tesla Agents
Jonathon & Stephanie Mansmann
Realtor®
Serving the Alabama Gulf Coast
Orange Beach/Gulf Shores/Baldwin County/Mobile County
251.278.3752
Welcome locals and visitors alike to The Gulf Coast Newsletter! Let me help you find your place in the …
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: …
