William  Ucci

William Ucci

Sales Representative

License #: 3375123

WUcci Group of Compass Realty

Mobile:
321-339-7520
Office:
(321) 394-9399
Email Me

news aggregator

Existing-Home Sales Decline, but Prices Remain Resilient

USA Real Estate News-RISMedia - Thu, 2022-10-20 14:04

Annualized existing-home sales continue to fall, with last month heralding a slower autumn season as the housing market appears headed for some period of hibernation—though whether that time is short or extended remains unclear. Existing-home sales fell 1.5%—a bigger drop than the previous month’s 0.4% decrease, but still proof that housing markets are not on…

The post Existing-Home Sales Decline, but Prices Remain Resilient appeared first on RISMedia.

Mortgage Rates Slow Their Upward Trajectory

USA Real Estate News-RISMedia - Thu, 2022-10-20 14:03

Mortgage rates continued toward the 7% mark this week, but slowing it’s upward trajectory with just a slight rise from the previous week. The 30-year fixed-rate mortgage (FRM) averaged 6.94%, up from 6.92% the previous week, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac today. This week’s numbers: 30-year fixed-rate…

The post Mortgage Rates Slow Their Upward Trajectory appeared first on RISMedia.

Where Starter Homes Are Still Affordable in the U.S.

USA Real Estate News-RISMedia - Thu, 2022-10-20 14:02

Rising mortgage rates and a shortage of newly built single-family homes have made the dream of owning a small, affordable home unattainable for renters who would like to make the move to homeownership. After the latest mortgage rate hike, renters in 46 of the 50 largest U.S. cities can no longer afford a starter home,…

The post Where Starter Homes Are Still Affordable in the U.S. appeared first on RISMedia.

Home Sales Slow as Rising Mortgage Rates Drive up Monthly Payments

USA Real Estate News-RISMedia - Thu, 2022-10-20 14:01

The housing market continued to cool in September, though rebalancing from monumental appreciation is producing vastly different conditions depending on region and metro, according to a new report from Zillow released this week. Zillow’s September Market Report found that sales slowed significantly in September. The number of newly pending listings fell 18% month-over-month and are…

The post Home Sales Slow as Rising Mortgage Rates Drive up Monthly Payments appeared first on RISMedia.

Home-Seller Profits Drop in Q3 as Housing Market Boom Eases

USA Real Estate News-RISMedia - Thu, 2022-10-20 14:00

Profit margins on median-priced single-family home and condo sales decreased to 54.6% as home prices declined for the first time in almost three years, according to a new report from ATTOM released this week. ATTOM’s third-quarter 2022 U.S. Home Sales Report found that the drop-off in typical profit margins, from 57.6% in Q2 2022, came…

The post Home-Seller Profits Drop in Q3 as Housing Market Boom Eases appeared first on RISMedia.

Syndicate content

Have Questions?