Mark Shambaugh at Bridge Realty

09/26/2024

Homeowners just gained $25,000 in equity—but lost it in 3 states 👇

In the past 12 months, U.S. homeowners collectively gained $1.3 trillion in equity. CoreLogic's chief economist, Selma Hepp, stated that rising home prices have driven overall equity gains.

Currently, existing homeowners have an average of about $315,000 in equity. This is nearly $129,000 more than the average equity homeowners had at the beginning of the COVID-19 pandemic in early 2020.

💰📈 Learn more about homeowner equity across the U.S.: https://rltor.cm/rd8luj

🏡📉 Mortgage rates are falling, and more homes are going on the market. The best time to buy is right around the corner! Start your home search today: https://rltor.cm/8h19s9

09/26/2024

09/26/2024

09/26/2024

Properties typically remained on the market for 26 days in August, up from 24 days in July. Read more in the REALTORS® Confidence Index: https://bit.ly/2GFPb3O

07/05/2024

07/05/2024

07/05/2024

More homes are for sale, yet home buyers don’t appear to be in a rush. Pending home sales fell 2.1% in May, and are down nearly 7% from a year ago when home inventory was much smaller. https://www.nar.realtor/magazine/real-estate-news/home-buyer-opportunities-appear-to-be-opening-up

06/27/2024

06/27/2024

With supply still limited relative to demand, 30% of homes sold above list price, up from last month’s 27%. Learn more in the latest REALTORS® Confidence Index. https://bit.ly/2GFPb3O

06/27/2024

NEW 📢 Vice President Kamala Harris and Acting Secretary Adrianne Todman announced the first-ever awards through HUD's PRO Housing program to support affordable housing production, preservation, and lowering housing costs for communities across the nation. 🏠

06/23/2024

Growth in listings met by cooler demand leads to an increase in supply Signed purchase agreements fell 5.0%; new listings up 3.4% The median sales price increased 4.1% to $385,000 Market times rose 7.2% to 40 days; inventory up 16.3% to 8,653 (Jun. 18, 2024) – According to new data from Minneapoli...

06/21/2024

APPLICATIONS OPEN!

The MNR-backed First-Generation Homebuyers Community Down Payment Assistance program is NOW ACCEPTING APPLICATIONS.

Buyer-recipients can qualify for up to $32,000 of down payment assistance with a zero-interest loan that is forgiven over five years—as long as the homebuyer lives in the home as their primary residence.

Realtors® can help consumers navigate and take advantage of this incredible fund resource. Learn more about buyer eligibility, conditions, and the application process here. www.firstgendpa.org/ Minnesota Homeownership Center