It is a fact that there is a serious shortage of single family homes listed in Palm Beach County. In my many years in this industry I don’t recall ever seeing this strong of a seller’s market . If you will recall in months past, I shared with you that one way we evaluate a […]
In our last market report, we shared that the effects of Covid 19 would be evident in the April results and as forecasted the drop was drastic. Closed statistics in Palm Beach County are down 30% year over year, new pending sales dropped 54.6% and new listings are down almost 40%. However, Believe it or […]
While we analyze the market monthly and provide a report, this one is different and it is so essential that we all understand what is happening to the real estate market, as a result of Covid-19, so that we,together, can make educated decisions. There is little doubt that Covid-19 and the shut […]
1. My company’s offices are closed, and I am having a hard time providing my final verification of employment within the 10 days prior to loan closing. FHA and RHS are allowing verbal verification of employment. Specifically, your employer can provide this by phone. RHS is also allowing email verification. If you cannot get either […]
https://amyandnoreenteam.com/wp-content/uploads/2020/04/Screen-Shot-2020-04-14-at-12.41.24-AM.png3781554Amy Snookhttps://amyandnoreenteam.com/wp-content/uploads/2021/08/amy-and-noreen-team.pngAmy Snook2020-04-14 04:42:532021-04-24 01:32:05COVID-19 Personal Financial FAQ’s for Homebuyer’s
“Rates dropped for the second week in a row due to “improvements in market liquidity and sentiment,” says Freddie Mac economist.” – FloridaRealtors.org MCLEAN, Va. – Freddie Mac’s Primary Mortgage Market Survey for this week found declines for the second week in a row. This week, the 30-year fixed-rate mortgage (FRM) averaged 3.33%, which is […]
“In addition to a full-percent interest rate cut, the Fed will take other stimulus steps, saying COVID-19 “weighs on economic activity and poses (economic) risks.” The move should benefit adjustable rate mortgages, credit cards and other short-term loans.” “The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage […]
July’s Market Report!
in Real Estate Market Report, VideoIt is a fact that there is a serious shortage of single family homes listed in Palm Beach County. In my many years in this industry I don’t recall ever seeing this strong of a seller’s market . If you will recall in months past, I shared with you that one way we evaluate a […]
April 2020 Market Report!
in News Room, Real Estate Market ReportIn our last market report, we shared that the effects of Covid 19 would be evident in the April results and as forecasted the drop was drastic. Closed statistics in Palm Beach County are down 30% year over year, new pending sales dropped 54.6% and new listings are down almost 40%. However, Believe it or […]
Market Report Through 3/31/2020
in News Room, Real Estate Market ReportWhile we analyze the market monthly and provide a report, this one is different and it is so essential that we all understand what is happening to the real estate market, as a result of Covid-19, so that we,together, can make educated decisions. There is little doubt that Covid-19 and the shut […]
COVID-19 Personal Financial FAQ’s for Homebuyer’s
in Buying a Home, Home Buyer Tips, News Room, Real Estate Market Report1. My company’s offices are closed, and I am having a hard time providing my final verification of employment within the 10 days prior to loan closing. FHA and RHS are allowing verbal verification of employment. Specifically, your employer can provide this by phone. RHS is also allowing email verification. If you cannot get either […]
30-Year Mortgage Rate Drops Again, Down to 3.33%
in Buying a Home, News Room, Real Estate Market Report“Rates dropped for the second week in a row due to “improvements in market liquidity and sentiment,” says Freddie Mac economist.” – FloridaRealtors.org MCLEAN, Va. – Freddie Mac’s Primary Mortgage Market Survey for this week found declines for the second week in a row. This week, the 30-year fixed-rate mortgage (FRM) averaged 3.33%, which is […]
Fed Slashes Interest Rates Near Zero, Eases Lending Rules- Florida Realtors
in Buying a Home, News Room, Real Estate Market Report“In addition to a full-percent interest rate cut, the Fed will take other stimulus steps, saying COVID-19 “weighs on economic activity and poses (economic) risks.” The move should benefit adjustable rate mortgages, credit cards and other short-term loans.” “The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage […]