Despite mortgage rate fluctuations, sales activity is expected to remain steady year-over-year. Buyers who secured lower rates earlier are closing deals, while sellers find promising opportunities in a stabilizing market Download the November 2024 Central Texas Housing Report now at UnlockMLS.com/Stats
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According to reports from Zoopla, sales agreed are up across all regions of the UK. All key measures of housing activity are now higher than they were a year ago. The decline in mortgage rates has spurred a resurgence in buyer demand and sales, setting the stage for a positive year for the property market. Follow us for more updates on the current market: https://lnkd.in/esgB6zRp
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The lowest mortgage rates for 15 months is supporting a rebound in sales market activity across the UK. Sales agreed and buyer demand are both up by more than a quarter over the last four weeks compared to the corresponding period a year ago as households return to the market. The number of sales agreed is 25% higher than a year ago Sales are up by over 10% across all areas. #Whitegates #housingmarket #propertymarket #marketstats #property
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Zoopla reports that average UK house prices are currently 8% overvalued, a decrease from 13% at the end of 2023 due to recent mortgage rate hikes. This overvaluation might reduce further if mortgage rates drop. The report indicates that the market has seen increased activity, with new sales up 8% and more homes for sale compared to last year. However, a seasonal slowdown is evident with sales agreed down slightly in all regions. The average house price in May 2024 was £264,900. Zoopla projects a 1.5% rise in house prices by the end of 2024, contingent on stable mortgage rates. source estate agent today website.
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March mortgage rate forecast Contact me to discuss the latest scoop in real estate! #sanfrancisco #sfrealestate #bayarearealtor #bayarea #california #bayarearealestate #sanfranciscorealestate #sfrealtor #californiarealestate #siliconvalleyrealestate
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Mortgage rates are dropping 📉, and they’re expected to dip even further! This could be the perfect opportunity for sellers who've been on the fence to finally make a move. More sellers = more inventory, which helps balance the market ⚖️. #MortgageRates #TimeToBuy #TimeToSell #jendavishomes #howardhannarealestate
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The latest House Price Index from Zoopla reveals that the lowest mortgage rates in 15 months are driving a resurgence in market activity across the UK. Sales agreed and buyer demand have both surged by over 25% compared to last year, as households that paused their moving decisions return to the market. Sales are up by over 10% nationwide, with a huge 30% increase in the East Midlands and North-East. Source: Property Industry #propertyinvestment #ukpropertymarket #houseprices #ukhouseprices #propertyinvesting
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As mortgage rates rise, a global surge in all-cash deals has emerged. Learn more about the historic shift in our 2024 #LuxuryOutlook report at luxuryoutlook.com.
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March mortgage rate forecast Contact me to discuss the latest scoop in real estate! #sanfrancisco #sfrealestate #bayarearealtor #bayarea #california #bayarearealestate #sanfranciscorealestate #sfrealtor #californiarealestate #siliconvalleyrealestate
March mortgage rate forecast
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Want to know what to expect from the housing market for the second half of the year? Expert forecasts say: Prices will keep rising, just at a slower pace. Mortgage rates will come down slightly. And sales will hold steady. #firstam #firstamtitle #realestatemarket #realestatenews
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Want to know what to expect from the housing market for the second half of the year? Expert forecasts say: Prices will keep rising, just at a slower pace. Mortgage rates will come down slightly. And sales will hold steady. #firstam #firstamtitle #realestatemarket #realestatenews
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