Reduced Profits Sting Sellers
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Reduced Profits Sting Sellers

By CHUCK GREEN To home sellers who agonizingly watched the prices of their abodes recede recently, leaving a nasty gash in profits, there’s little to say but “ouch.” Want a touch of solace? Apparently, the waters are rippling with plenty of others in the same predicament. A first quarter 2023 U.S. Home Sales Report released…

Are We Moving Toward A Buyer’s Market? Maybe
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Are We Moving Toward A Buyer’s Market? Maybe

By CHUCK GREEN As the average mortgage rates decline and markets slow in parts of the country that were red-hot during the pandemic, we at The Mortgage Note decided to ask who is currently in favor during negotiations – the buyer or the seller? It seems that the current consensus on the ground is that…

Study: Americans Moving To Be Closer To Family

Study: Americans Moving To Be Closer To Family

A new study from United Van Lines found Americans moved to lower-density areas to be closer to their families in 2021. The study, which uses data from the migration patterns of United Van Lines customers, found Vermont and South Dakota had the highest inbound migration, at 74% and 69%, respectively. South Carolina (63%), West Virginia (63%), and…

63,000 Homes Were Listed “For Sale By Owner” In September

63,000 Homes Were Listed “For Sale By Owner” In September

Over a three-year period, between 4% and 6% of all monthly listings across the country were offered directly by their owners, a new report from Zillow found. Homes listed as “For Sale By Owner” (FSBO) are advertised and sold directly by owners without an agent’s help. Roughly 63,000 homes for sale in September 2021 were…

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