Luis A Ramos Real Estate Agentpreneur

Fed Cuts Key Interest Rate a Quarter-Point The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates impact mortgage rates. WASHINGTON — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation. The rat...

10 Issues That Will Impact Real Estate in 2025 High financing costs, geopolitics and AI innovations are among the most pressing topics facing real estate in the year ahead, the Counselors of Real Estate said. WASHINGTON — Political uncertainty, soaring insurance costs and the growth of artificial intelligence are among the hot topics that like...

Renter Households Outpace Owners Nationally Redfin: Rentership rates are lower in metros where it’s more affordable to buy a home. Cape Coral has the lowest share of renter households among metros analyzed. SEATTLE — The number of renter households rose 2.7%, in the third quarter year over year, to a record 45.6 million, according to the ...

Federal Reserve Set to Cut Rates Again The Federal Reserve meets later this week and is expected to cut their benchmark rate by a quarter-point. Interest rates impact mortgage rates. WASHINGTON — No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: ...

Contract Signings Signal Market Improvements NAR Chief Economist Lawrence Yun forecasts improved home sales, slower appreciation and falling mortgage rates over the next two years. CHICAGO — More home buyers signed contracts for a home purchase in September, a sign that the housing market may be on the mend after a sluggish summer. The Natio...

Market Report For West Palm Beach
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Market Report For West Palm Beach Email from AvantiWay Realty Check out our newest available listings   Hello LUIS, West Palm Beach Market Spacious 2021 Single-Family Home $ 799,000 This nearly new 2021 single-family home offers ample

The Benefit of Added Mortgage Payments Adding just an extra $100 per month to a mortgage payment can have a significant impact on the debt, a financial expert said. NEW YORK — Mortgage rates may be declining, which puts new homebuyers in a better position than just a year ago. The 30-year fixed-interest rate mortgage hit a high of 7.79...

Dip in Mortgage Rates Lowered Down Payments Down payment dollar amounts fell in 21 states in the third quarter with the biggest decline in Florida, where they fell 24% from a year earlier. LOS ANGELES — Homebuyers opted to make smaller down payments this summer as declining mortgage rates helped boost their purchasing power, though home sho...

Pending Home Sales Advanced 7.4% in September Pending home sales bounced 7.4% to the highest level since March; they're up 2.6% YoY. In the South, pending home sales improved, NAR said.  WASHINGTON — Pending home sales rose in September, according to the National Association of Realtors®. All four major regions experienced month-over-month ...

U.S. Consumers Feeling Much More Confident October’s increase in confidence was broad-based across all age groups and most income groups, The Conference Board said. Analysts forecasted a more modest reading. WASHINGTON — American consumers are feeling quite a bit more confident this month as Election Day approaches, a business research g...

5 Staging Tips to Appeal to the SINK Buyers Professional stagers are looking to create curated designs for a growing number of households with a single income and no children. CHICAGO — Understanding the different needs and preferences of specific customer demographics is crucial for succeeding as a real estate agent. Among these groups, SI...

New Home Sales Surge More Than Expected The Commerce Department said new home sales surged by 4.1%, the highest level in over a year. Economists had expected new home sales to climb by 0.5%. WASHINGTON — New home sales in the U.S. rebounded by much more than expected in the month of September, according to a new report released by the U...

Pending Sales Increase, Demand High Pending sales and home tours stay strong despite rising mortgage rates, but investors are remaining cautious. WASHINGTON — Pending U.S. home sales rose 3.5% year over year during the four weeks ending October 20, the biggest increase in three years (with the exception of the prior 4-week period, w...

Home Equity Gains Level Off, Remain Strong Almost half of mortgaged homeowners remain equity-rich, according to ATTOM. The portion of owners seriously underwater still close to five-year low. IRVINE, Calif. – The property analytics firm ATTOM’s third quarter 2024 U.S. Home Equity & Underwater Report shows that 48.3% of mortgaged resident...

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LUIS RAMOS AVANTIWAY REALTY | Search Now it’s easy to search the MLS for active Properties for Sale, for Rent, and view New Developments with floor plans. All active listings with photos and details. Now it’s easy to search the MLS for active Properties for Sale, for Rent, and view New Developments with floor plans. All active list...

Rising Rates Haven’t Slowed Pending Sales Pending home sales posted their biggest increase since 2021 recently, but some house hunters are starting to pull back, Redfin said. SEATTLE – Pending U.S. home sales rose 3.2% year over year during the four weeks ending October 13, the biggest increase in three years, according to a new report fr...