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Mortgage Rates Sink to Three-Month Lows

Mortgage Rates Sink to Three-Month Lows Freddie Mac | REALTOR® Mag News | December 14, 2018 Home shoppers and refinancers saw some relief in mortgage borrowing costs this week. The 30-year fixed-rate mortgage moved to its lowest average since mid-September, Freddie Mac reports. “Mortgage rates have either fallen or remained flat for five consecutive weeks and purchase applicants are responding with an uptick in demand given these lower rates,” says Sam Khater, Freddie Mac’s chief economist.

Mortgage Rates Are Easing

Mortgage Rates Are Easing Freddie Mac | REALTOR® Mag News | December 7, 2018 Home buyers may be finding a window of opportunity to lock in lower rates. Mortgage rates fell this week, after several weeks of moderating, Freddie Mac reports. “Mortgage rates declined this week amid a steep sell-off in U.S. stocks,” says Sam Khater, Freddie Mac’s chief economist. “This week’s rate reaction to the volatile stock market is a welcome relief to prospective home buyers who have recently experienced

Greater Nashville November Home Sales Show Moderate Decrease

November Home Sales Show Moderate Decrease Greater Nashville REALTORS® | Press Release; December 7, 2018 NASHVILLE, Tenn. (Dec. 7, 2018) – There were 2,954 closings reported for the month of November, according to figures provided by Greater Nashville REALTORS®. This represents a 7 percent decrease from the 3,177 closings reported for November 2017. Year-to-date closings total 36,633 a 1.6 percent decrease compared to the 37,236 closings reported through November 2017. “November closings show

Real Estate’s Top 6 Challenges Now and in the Future

Real Estate’s Top 6 Challenges Now and in the Future REALTOR® Magazine Staff | December 6, 2018 From interest rate hikes to climate change, shifts in the physical, political, and economic worlds are having effects on the real estate industry. Some of these developments affect the residential and commercial sides of the business differently, while others are common challenges all practitioners will face. As 2019 approaches, here are a few short-term and long-term hurdles you should know.

Buyers Aren’t Giving Up, But Their House Hunts Are Lasting Longer

Buyers Aren’t Giving Up, But Their House Hunts Are Lasting Longer National Association of Home Builders | REALTOR® Mag News | December 5, 2018 Buyers are spending significant time trying to find the perfect home. Fifty-four percent of active buyers say they’ve been trying to find the right home for three months or longer, according to the National Association of Home Builders’ Housing Trends Report poll. Buyers say the biggest delays that are stretching out their home search is they can’t find

Greater Nashville New Home Building Reports for October 2018

Greater Nashville New Home Building Reports for October 2018 MarketGraphics Research Group | December 4, 2018 MarketGraphics Research Group has released the new permits for the 12-County Greater Nashville Area.  The counties include Bedford County, Cheatham County, Davidson County, Dickson County, Marshall County, Maury County, Montgomery County, Robertson County, Rutherford County, Sumner County, Williamson County, and Wilson County. These reports include the categories of Permits by County