sales

You Should Never Buy These 12 Things New

Buying new can be a colossal waste of money. Here are our top examples.

Gauge of U.S. pending home sales declines to a six-month low

A gauge of U.S. pending home sales fell to a six-month low in January as buyers competed for a limited number of properties.

Freddie Mac’s 12-Month Portfolio Growth Nears Half Trillion

Posted To: MND NewsWire

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 16.1 percent in January compared to a 22.4 percent gain in December. The portfolio balance at the end of the period was $2.777 trillion compared to $2.740 trillion the prior month and $2.339 trillion a year earlier. Purchases and Issuances totaled $120.128 billion and Sales were ($.588) billion. The December numbers were $129.639 billion and ($1.330) billion, respectively. Single-family refinance loan purchase and guarantee volume was $84.5 billion in January compared to $77.6 billion in December, representing a 73 percent share of total single-family mortgage portfolio purchases and issuances, up from 70 percent the previous month. Purchases in Freddie Mac’s Mortgage Related Investments Portfolio…(read more)

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A Guide to Property Taxes in 2021: States With the Highest (and Lowest) Rates

Each state has a different tax rate, ranging from 2.49% to a mere 0.28%. Which states have the highest taxes and which have the lowest? You’ll be surprised.

The post A Guide to Property Taxes in 2021: States With the Highest (and Lowest) Rates appeared first on Real Estate News & Insights | realtor.com®.

66 Questions to Ask When Buying a House – Redfin

This guide has 66 questions to ask when buying a house. Questions about your wants, needs, financing, agents, and the home search are covered for you.

Dumpling Shopper: Launch Your Own Grocery Delivery Business

Grocery delivery startup Dumpling is taking on Instacart and Shipt — and the whole gig economy — by offering grocery delivery drivers an entirely new moneymaking model. Thanks to a surge in demand as a result of the pandemic, grocery delivery apps are more popular than ever. Since last March, Instacart and Shipt have hired […]

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Pending Home Sales Post 5th Straight Loss

Posted To: MND NewsWire

January marked the fifth straight month that the National Association of Realtors® (NAR) has reported a decline in its Pending Home Sales Index (PHSI). The index, based on newly signed contracts for the purchase of existing homes, was down 2.8 percent from its December level. The index in January was at 122.8 compared to 125.5 in December and has lost 10 points since August. Still, pending sales were up 13 percent compared to a year earlier. This January’s PHSI was, in fact, the highest for any January on record. Analysts had expected the index to be flat but individual estimates by those polled by Econoday all overshot the actual results. They covered a range from a 1.5 percent downturn to 0.5 percent growth. The consensus was for zero change. “Pending home sales fell in January because…(read more)

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How will a surge in bond yields affect your mortgage, car loans and 401(k)? – USA TODAY

How will a surge in bond yields affect your mortgage, car loans and 401(k)?  USA TODAY

Pending Home Sales Fall in January as Inventory Constrains Buyers>

Fewer Americans are applying for mortgages — a sign that some buyers may be dismayed by rising home prices and mortgage rates.