Nadlan Real Estate Podcast

According to the October 2023 Alabama Real Estate and Economic Report published by the Alabama Association of Realtors (AAR), the state's housing market remains in decline, but declining interest rates and increases in two key areas—housing supply and average sales price—suggest strength . Hoping for a future rebound.

Continue reading on our site:
https://www.forumnadlanusa.com/en/2023/11/alabamas-real-estate-market-remains-down-in-october/

The housing market has seen its fair share of ups and downs over the past few years. Elections, pandemics, and skyrocketing interest rates aside, there are ways to get into 2024 with enough knowledge about when is the best time to buy a home.

Continue reading on our site:
https://www.forumnadlanusa.com/en/2023/11/these-will-be-the-worst-months-to-buy-a-home-in-2024/

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Most potential home buyers start their journey by collecting a down payment. This money is essential to get a mortgage and get that much closer to home ownership.

Continue reading on our site:
https://www.forumnadlanusa.com/en/2023/11/how-much-is-enough-for-a-down-payment/

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Economist Lawrence Yoon expects home sales to rise 15% next year, and by spring, mortgage rates will hover in the 6% to 7% range.

Continue reading on our site:
https://www.forumnadlanusa.com/en/2023/11/nar-issues-real-estate-forecast-for-2024/

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In Florida, cash sales fell year over year in only one metro: Fort Lauderdale. The percentage of cash sales ranged from 38.2% in Tampa to 49% in West Palm Beach.

Continue reading on our site:
https://www.forumnadlanusa.com/en/2023/11/1-in-3-shoppers-use-cash-the-highest-share-in-a-decade/

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House prices are not going down, at least not in most of the US. The Fannie/Freddie data study found only 1 of 9 divisions showing "moderate weakness."

Continue reading on our site:
https://www.forumnadlanusa.com/en/2023/11/fhfa-august-home-prices-rose-5-6-year-over-year/

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There is an increase in interest rates on reverse mortgages, mostly from adults with fixed incomes facing inflation. They can be a good option - but also a bad option.

Continue reading on our site:
https://www.forumnadlanusa.com/en/2023/11/what-is-a-reverse-mortgage/

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September brought welcome signs of renewal to the real estate market. Comparing September 2022 to September 2023.

Continue reading on our site:
https://www.forumnadlanusa.com/en/2023/11/first-signs-are-appearing-in-the-florida-local-real-estate-market-season/

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South Florida buyers are seeing some relief in the face of rising mortgage rates. In Miami-Dade, median home prices in September fell to $600,000 after reaching $620,000 in August.

Continue reading on our site:
https://www.forumnadlanusa.com/en/2023/11/home-prices-in-miami-dade-fell-for-the-third-month-in-a-row/

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