by Brevard Realty Specialists, Inc. | Jun 2, 2023 | homebuyers, Homeownership Goals, homesellers, housing, Mortgage Rate Forecast, Real Estate
There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the...
by Brevard Realty Specialists, Inc. | Sep 1, 2022 | homebuyers, Homeownership Goals, homesellers, housing, Mortgage Rate Forecast, Real Estate
Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next. [1] This climate has been unsettling for...
by Brevard Realty Specialists, Inc. | Jun 1, 2022 | homebuyers, Homeownership Goals, homesellers, housing, Mortgage Rate Forecast, Real Estate
The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply...
by Brevard Realty Specialists, Inc. | Jan 1, 2022 | homebuyers, Homeownership Goals, homesellers, housing, Mortgage Rate Forecast, Real Estate
Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.[1] However, there were signs in the fourth quarter that the red-hot...
by Brevard Realty Specialists, Inc. | Aug 1, 2021 | homebuyers, Homeownership Goals, homesellers, housing, Mortgage Rate Forecast, Real Estate
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a...
by Brevard Realty Specialists, Inc. | Mar 2, 2021 | Homeownership Goals, housing, Mortgage Rate Forecast, Real Estate
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates...