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Real Estate News Stories – BNN – Business News Network

<h1 style="clear:both" id="content-section-0">Indicators on Real Estate News - Latest headlines on CNN Business - CNN You Need To Know<br></h1>
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<p class="p__0">In General, San Diego's economy is rather strong. 30-year fixed-rate home loans rates are very low. In September 2020, the rate was 3. 56 percent, near to an all-time low. Compare that to the very same time in 2019, which was 4. 6 percent. This is the most affordable it's been given that 2016. 15-year fixed-rate home loan rates show a similar story.</p>
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<p class="p__1">According to Trulia, long-term mortgage rates are still on the decrease. Despite the rising real estate prices, the low home loan rates make this possibly a perfect time to purchase. In comparison to the first half of 2018, 2019 had roughly 22% more listings. And Read More Here of listed homes is the greatest given that 2015.</p>
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<p class="p__2">Though it is the most affordable rate in the previous 5 years. The director of John Burns Real Estate Consulting, Dan Kuhn, has stated that this is from a growing divide in between buyers and sellers. He declares that sellers are much less going to budge on their rate because they tie a lot of feeling into their single-family houses.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://static01.nyt.com/images/2021/06/20/realestate/18siblings1/merlin_188369613_926c0ec5-6bfb-4aec-b035-ca5d8f6d2747-videoLarge.jpg" alt="Australia's real estate market 'seems quite odd'Even the experts are finding it hard to read - ABC News"><span style="display:none" itemprop="caption">How to navigate the real estate market during COVID-19 — What millennials need to know - CBC News</span>
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<h1 style="clear:both" id="content-section-1">The 30-Second Trick For Real Estate News: The Orange County Register<br></h1>
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<p class="p__3">On the other hand, buyers are positive that the marketplace has reached a cost peak. This makes them less going to wish to buy your home at a higher cost. That variation is making homes stay on the marketplace longer and a less portion of houses being offered. Though homes are taking longer to sell in 2019 than in 2018, homes are still selling rather quick.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://mlgioddjvvfz.i.optimole.com/nBBap1U-Gfqx8Cb1/w:690/h:397/q:auto/https://blog.remax.ca/wp-content/uploads/2020/04/Best-places-to-live-Huntsville.jpg" alt="Real Estate News"><span style="display:none" itemprop="caption">Real Estate News Radio - Home - Facebook</span>
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<p class="p__4">---- San Diego home sales have continued to remain slow. They are down 8 percent from this time in 2015, and 70 percent of what they were in the peak year of 2003. Information reveals that 18,979 homes were sold in the very first half of 2019 as compared to 20,540 homes sold in the first half of 2018.</p>
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<p class="p__5">Yet this does indicate that only 49 percent of homes are being sold in 2019 as compared to 65 percent in 2018. Unlike in 2018, purchasers are not as confident in the market in general, according to John Yen Wong. The increasing prices, increased listing, and the disparity in between what purchasers are willing to pay and sellers are excited to cost are triggering this relative dip in home sales.</p>
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Read More: https://seapointrealtors.com/2021/06/21/google-advertising-costs-not-its-alleged-monopoly-irks-businesses/