W. J. Mencarow

Experts Predict Where Mortgage Rates Are Headed in 2025

Published by REALTOR.com |  September 20, 2024 To see where experts predict mortgage rates might go over the next 18 months, Realtor.com rounded up the quarterly mortgage rate forecasts from various sources. The Federal Reserve’s historic rate cut this week could usher in a period of lower mortgage rates. Predicting the financial market’s next move …

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Construction Trends During Election Years

Published by Think Realty | September 12, 2024 Historical election year patterns can inform developer’s and investor’s strategies. Predicting the economic behavior of any industry is typically a tall task. However, forecasting the construction industry’s economic fluctuations during an election year is a much less daunting undertaking. With plenty of data to analyze, certain patterns …

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Boomers Own 38% of America’s Homes—but More Than Half Never Plan To Sell

Published by REALTOR.com | September 19, 2024 More than three-quarters of boomer homeowners say owning a home is the primary reason they’re financially secure. Homebuyers hoping for a flood of homes to hit the market from aging baby boomers might be disappointed by the results of a new survey. Among boomers who own homes, 54% …

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How Fed Rate Cuts Could Impact New Construction

Published by REALTOR.com | September 18, 2024 Certain regions of the U.S. are hot spots for new construction, particularly the South and West. During the COVID-19 pandemic, rock-bottom interest rates sparked a homebuying frenzy as the national housing supply struggled to keep pace. The result? Soaring prices for existing homes coupled with record-low housing stock …

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New Survey Shows How Low Mortgage Rates Must Go Before Homebuyers Start Shopping

Published by REALTOR.com | September 16, 2024 38% of Americans have put off purchasing a home because of high mortgage rates Mortgage rates are at their lowest level in over a year after dropping to 6.2% for the week ending Sept. 12—and they could fall yet again if the Federal Reserve cuts rates at its …

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Real Estate Scams Are On The Rise – Here’s What to Look Out For

Published by FOX Business | September 10, 2024 FTC issues over $20M in refunds to victims who fell for home-flipping scams in recent months Whether it’s empty promises of lucrative pay days from flipping houses, fake property postings or deceptive mortgage relief schemes, real estate scams are on the rise, experts warn. The issue with …

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Cost-Of-Living Crisis Kicks Off The Harris-Trump Debate

Published by FOX Business | September 10, 2024 Inflation and affordable housing loomed large during the Harris-Trump presidential debate Former President Trump and Vice President Harris led off the high-stakes presidential debate Tuesday with a discussion about the cost-of-living crisis and economic challenges Americans are facing. The first faceoff between the two, held in Philadelphia …

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How Other Industries Shape the National Real Estate Market

Published by ThinkRealty | August 19, 2024 Key industries shape the nationwide real estate market, and savvy real estate professionals will make a point to understand the ripple effects. Experienced real estate professionals know firsthand how various industries influence the real estate sector. From technology and finance to construction and environmental sustainability, the interplay between …

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