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July 13, 2022 12:56 PM
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US CPI June 2022: Inflation Accelerates to 9.1%, Once Again Exceeding Forecasts - Bloomberg

US CPI June 2022: Inflation Accelerates to 9.1%, Once Again Exceeding Forecasts - Bloomberg | Real Estate News and Auction | Scoop.it
US inflation roared again to a fresh four-decade high last month, likely strengthening the Federal Reserve’s resolve to aggressively raise interest rates that risks upending the economic expansion.
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July 12, 2022 7:09 AM
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Mortgage And Refinance Rates, July 11 | Rates falling today

Mortgage And Refinance Rates, July 11 | Rates falling today | Real Estate News and Auction | Scoop.it
What's happening to mortgage rates today and in the future? Nobody can be sure. But here's the information you need to make an informed choice.
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July 9, 2022 10:08 PM
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Is a housing market crash on the way in 2022?

Is a housing market crash on the way in 2022? | Real Estate News and Auction | Scoop.it
Last year was anything but normal — especially in Arizona’s real estate market. So, is a housing market crash on the way in 2022?
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July 9, 2022 12:39 PM
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Real Estate newsletter: Are home prices finally falling?

Real Estate newsletter: Are home prices finally falling? | Real Estate News and Auction | Scoop.it
This week's roundup includes a handful of stunning homes along with expert analysis on where this wild real estate market is heading.
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July 9, 2022 7:17 AM
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Why low mortgage rates are not necessarily good news

Why low mortgage rates are not necessarily good news | Real Estate News and Auction | Scoop.it
A drop in mortgage interest rates isn't always something to celebrate.
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July 8, 2022 11:38 AM
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Mortgage Rates Ease, Giving More Buyers A Shot At Owning A Home –

Mortgage Rates Ease, Giving More Buyers A Shot At Owning A Home – | Real Estate News and Auction | Scoop.it
Rates for home loans fell last week as concerns about an economic slowdown mounted. But for anyone still trying to buy, the pullback in rates may spell opportunity.

The 30-year, fixed-rate mortgage averaged 5.7% for the week ending June 30, down 11 basis points—one one-hundredth of a percent—from
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July 7, 2022 7:42 PM
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Today’s 15-year mortgage rates continue to offer best opportunity for interest savings | July 7, 2022

Today’s 15-year mortgage rates continue to offer best opportunity for interest savings | July 7, 2022 | Real Estate News and Auction | Scoop.it
Check out the mortgage rates for July 7, 2022, which are largely up from yesterday.
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July 6, 2022 2:19 PM
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Here's the loophole that makes the U.S. housing market more wobbly than it appears

Here's the loophole that makes the U.S. housing market more wobbly than it appears | Real Estate News and Auction | Scoop.it
Lending standards on mortgages may not be as tight as they seem.
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July 5, 2022 7:22 AM
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Case-Shiller: Home Prices Up 20.4% in April

Case-Shiller: Home Prices Up 20.4% in April | Real Estate News and Auction | Scoop.it
The 10-City Composite annual increase came in at 19.7%, up from 19.5% in the previous month. The 20-City Composite posted a 21.2% year-over-year gain, up from 21.1% in the previous month.

Via Russ Bergeron
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July 5, 2022 7:21 AM
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What the housing market correction will do to home prices in 2023

What the housing market correction will do to home prices in 2023 | Real Estate News and Auction | Scoop.it
How will the 'housing correction' shift home prices? To find out, Fortune examined six revised forecast models.
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July 4, 2022 8:19 AM
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Metro Phoenix has 2 of 5 fastest-growing cities in U.S.

Metro Phoenix has 2 of 5 fastest-growing cities in U.S. | Real Estate News and Auction | Scoop.it
Queen Creek, Buckeye, Casa Grande, Maricopa, and Goodyear represented Arizona among the 15 fastest-growing cities in the U.S.
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July 3, 2022 7:55 PM
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Current Mortgage Interest Rates on July 1, 2022: Rates Cool Off

Current Mortgage Interest Rates on July 1, 2022: Rates Cool Off | Real Estate News and Auction | Scoop.it
Today quite a few notable mortgage rates moved down, though rates are expected to rise this year. If you're in the market for a home loan, see how your payments might be affected by inflation.
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July 3, 2022 5:42 PM
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3 Reasons to Invest in Real Estate During a Recession

There's the possibility of a recession in the near future. Are you prepared? In this article, we go over the reasons for why you should invest in real estate.
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July 13, 2022 12:54 PM
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There’s a ‘perfect storm’ brewing in the family housing market — here’s a super simple way to take advantage

You can still make money in real estate. And you don’t have to be a mogul to do it.
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July 11, 2022 1:23 PM
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Fix & Flip Loans

Fix & Flip Loans | Real Estate News and Auction | Scoop.it
You are just 48 hours away from your Dominion Financial Services Investor Line of Credit approval. We’ll lend 90% of the purchase price and 100% of the rehab amount!
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July 9, 2022 12:40 PM
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New-Home Costs Rising at Unparalleled Rate

New-Home Costs Rising at Unparalleled Rate | Real Estate News and Auction | Scoop.it
The average cost for materials to build a single-family home jumped 42% from 2018 to 2021, adding thousands of dollars to the price of a new home, according to the report. The median sales price of a new home in April reached a record $450,600, a 20% hike from a year earlier, Commerce Department data shows.

Via Russ Bergeron
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July 9, 2022 12:34 PM
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Mortgage rates see largest decline since 2008

Mortgage rates see largest decline since 2008 | Real Estate News and Auction | Scoop.it
Mortgage rates dropped for the second week in a row, notching the largest decline since December, 2008.
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July 8, 2022 7:15 PM
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Cash Sales Rise In Phoenix's Hot Housing Market — and so Do Concerns

Cash Sales Rise In Phoenix's Hot Housing Market — and so Do Concerns | Real Estate News and Auction | Scoop.it
In Phoenix, residents are begging neighbors not to sell their houses to investors and flippers, as affordability concerns rise.
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July 7, 2022 7:43 PM
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The Fed’s Plan To Raise Interest Rates To Combat Inflation Could Backfire

The Fed’s Plan To Raise Interest Rates To Combat Inflation Could Backfire | Real Estate News and Auction | Scoop.it
Inflation is running rampant in the United States, but the Federal Reserve’s plan to counter it could work out very badly
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July 7, 2022 7:41 PM
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Fed’s Waller Backs 75 Basis-Point Interest Rate Hike, Dismisses Recession Fears - Bloomberg

Fed’s Waller Backs 75 Basis-Point Interest Rate Hike, Dismisses Recession Fears - Bloomberg | Real Estate News and Auction | Scoop.it
MarketsEconomicsFed Hawks Back 75 Basis-Point July Hike, Still See Soft LandingWaller, Bullard say restrictive policy needed to cool pricesHalf-point increase ‘probably’ warranted in September: WallerByCraig Torres and Steve MatthewsJuly 7, 2022, 5:14 PM UTCUpdated onJuly 7, 2022, 8:25 PM UTCTwo...
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July 5, 2022 7:27 AM
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Does a Mother-in-Law Suite increase the Value of Your Home?

Does a Mother-in-Law Suite increase the Value of Your Home? | Real Estate News and Auction | Scoop.it
Homeowners are always searching for new ways to add value, but is a mother-in-law suite the way to go? Learn more about how an in-law suite can add value to your home.
Via Best Smart Living Posts
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July 5, 2022 7:22 AM
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Realtor.com® June Housing Report: For-Sale Home Supply Grows Faster than Ever as New Seller Activity Rebounds 

Realtor.com® June Housing Report: For-Sale Home Supply Grows Faster than Ever as New Seller Activity Rebounds  | Real Estate News and Auction | Scoop.it
Hale added, the increase in larger, more expensive homes as a share of new listings is one reason that overall asking prices continue to soar despite moderating demand. In June, homes with at least 1,750 square feet accounted for more new listings (54.3%, up from 52.7% in 2021) than relatively smaller homes (45.7%, down from 47.3% in 2021).

Via Russ Bergeron
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July 4, 2022 8:20 AM
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Home sellers are realizing it's no longer their housing market

An estimated 6.1% of homes for sale during the four weeks leading to June 19.
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July 3, 2022 7:56 PM
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Rising interest rates cost typical homebuyers 16% of purchasing power

Rising interest rates cost typical homebuyers 16% of purchasing power | Real Estate News and Auction | Scoop.it
Due to rapidly rising interest rates, potential homebuyers can no longer afford homes that they could have purchased last year.
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July 3, 2022 7:53 PM
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Redfin’s chief economist says the housing market correction has begun—and things are going to get worse before they get better

Redfin’s chief economist says the housing market correction has begun—and things are going to get worse before they get better | Real Estate News and Auction | Scoop.it
Redfin chief economist Daryl Fairweather gives an update on the housing market and what to make of recent drops in demand.
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