Author: Diamond Realty Group LLC
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Home sales were down sharply in April and May, but more properties are going under contract now because there was pent up demand from buyers. Read More
Make sure to follow these three rules while making an offer and you won’t be sorry. Need some more tips? Don’t hesitate to get in touch!... Read More
Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report... Read More
![Photo of Mortgage Rates Fall Below 3% [INFOGRAPHIC]](https://www.drgfl.com/wp-content/uploads/20200717-Share-571x300-2-450x0-c-default.webp)
Some Highlights Mortgage rates hit another all-time low, falling below 3% this week. If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment. Let’s connect today to determine your best next steps... Read More
There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com: “Sellers... Read More
Looking at the metro level, the rate of Black homeownership in different geographies reveals more details. Read More
Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below):... Read More
You give it serious consideration — then you talk yourself out of it. Downsizing. How can you be sure it’s time to downsize? Ask yourself these questions: • Does my home have features that no longer fit my lifestyle — too many bedrooms, an expansive yard, or basement that sits unused? • Am I falling behind on home maintenance? • Do I need more room in my budget to save more for retirement? These can be tough questions to answer. If you’re thinking about downsizing, send us a message! Read More
Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6% drop in the... Read More
Thinking about selling your home? Get a professional estimate of your home’s worth. Read More
With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few... Read More