Mortgage Capital Partners Inc.

Powell Confirms Probable Rate Cut, July New Home Sales Numbers Take Off, Rates and more!

https://www.mortgagecapitalpartners.com/market-news-august-30/

Almost 50% of Listing Inquiries Are Ignored. Ouch., Lost Your Momentum? Get Back in Overdrive, Rates and more!

Market News August 23 - Mortgage Capital Partners, Inc. Market News August 23 Market Updates Almost 50% of Listing Inquiries Are Ignored. Ouch. Real estate tech strategist Mike DelPrete recently conducted a "secret shopper" test to see how many real estate agents responded to online inquiries for property listings. While he only contacted a total of 100....

Why Buyers Aren't Reacting to Lower Rates, House Hunters Trade Safety for Affordability, Rates and more!

https://www.mortgagecapitalpartners.com/market-news-august-16/

Mortgage Rates React to Employment Data, Crunch Numbers in Seconds for Multi-Unit Properties, Rates and more!

https://www.mortgagecapitalpartners.com/market-news-august-9/

Signs of Better Times for Buyers, Refining the Art of the Offer Letter, Rates and more!

https://www.mortgagecapitalpartners.com/market-news-august-2/

Market News August 2 - Mortgage Capital Partners, Inc. Market News August 2 Market Updates Signs of Better Times for Buyers Even as home prices continue to rise, some experts have spotted signs that the housing market is beginning to improve in some locations. These observations may cheer up your prospects who are still waiting for the market to begin t...

Dog Days Arrive Early for Sellers, Multi-Generational Living on the Rise, Rates and more!

Market News June 21 - Mortgage Capital Partners, Inc. Market News June 21 Market Updates Dog Days Arrive Early for Sellers Even as more sellers decide to list their homes, properties are taking longer to sell in many areas as potential buyers negotiate high sticker prices. According to recent market data, the number of homes on the market rose by 22% w...

Is Your New Listing on Google Street View? VA Buyers Allowed to Pay RE Commissions, Rates and more!

Market News June 14 - Mortgage Capital Partners, Inc. Market News June 14 Market Updates Home Prices Fading in the Lone Star State While homes in Austin, Texas are still relatively expensive compared to smaller Texas cities, prices slid by 3% recently, which was more than any other metro area. Price drops for housing are at their highest level in almos...

More Sellers Reduced Their Home Prices in May, Here Comes the Sun... To Your Listings, Rates and more!

Market News June 7 - Mortgage Capital Partners, Inc. Market News June 7 Market Updates More Sellers Reduced Their Home Prices in May Last month, over 6% of the nation's home sellers decided to cut their asking price, which resulted in the median asking price dropping roughly $3,000. In addition, the existing inventory of homes for sale is growing some...

Home Prices Hit Another Record High, Innocent Mistake or RESPA Violation?, Rates and more!

Market News 5/31/24 - Mortgage Capital Partners, Inc. Market News 5/31/24 Market Updates Home Prices Hit Another Record High A chronic shortage of listings continues to fuel higher prices, with the median sale price hitting a record $387,600 during the four weeks ending May 19th—a 4% annual increase from May 2023. Another prevailing factor: many home...

Win Buyer Kudos with Assumable Mortgages, Younger Generations Buying Up Homes in Industrial Metros, Rates and more

Market News May 24 - Mortgage Capital Partners, Inc. Market News May 24 Market Updates Best Metro Markets for First-time Buyers Recent research found that some metro areas are particularly attractive to first-time buyers this year. In addition to lower pricing for starter homes, these cities offer other positives like higher percentages of peer groups...

Some Homebuyers Never Grow Up, Reel In Your Longer Instagram Reels, Rates and more

Market News May 17 - Mortgage Capital Partners, Inc. Market News May 17 Market Updates Some Homebuyers Never Grow Up Ever wonder why your buyer clients' faces light up when you're showing a listing with a back yard pool? Chances are, they've been dreaming about their own pool since they were children. A recent Zillow survey discovered that many childh...

Adjustable-Rate Mortgages Surge, How To Sniff Out Off-market Listings, Rates and more

https://www.mortgagecapitalpartners.com/market-news-may-10/

Strategies For Racking Up More Client Reviews, Determined Buyers Push Up Property Prices, Rates and more

Market News May 3 - Mortgage Capital Partners, Inc. Market News May 3 Market Updates Texas and Florida Sellers Cutting Prices While home sales and prices are fluctuating across the nation, two southern states—Texas and Florida — are showing signs of becoming genuine buyers' markets. New data shows that housing supply is surging in these two state...

Green Building Trends for 2024, Home Sales Statistics for March, Rates and more

Market News April 26 - Mortgage Capital Partners, Inc. Market News April 26 Market Updates Green Building Trends for 2024 As we celebrated Earth Day earlier this week, it's an ideal time to check out the builders who are working to add more ecologically-friendly features to their products. When asked about their motivation to build green, the reasons we...

More Homeowners Trading Golden Handcuffs for Comfort, Inflation Wears Out Its Welcome, Rates and more

Market News April 19 - Mortgage Capital Partners, Inc. Market News April 19 Market Updates More Homeowners Trading Golden Handcuffs for Comfort A recent study reported that the "golden handcuffs" worn by homeowners who purchased at low rates will loosen up this year. Prospective sellers are feeling a sense of urgency, with 79% wishing they had listed th...

What Happens When Sellers Stop Selling?, Homeowners, Renters Face Affordability Challenges, Rates and more

Market News April 12 - Mortgage Capital Partners, Inc. Market News April 12 Market Updates What Happens When Sellers Stop Selling? When you're scouting for new seller clients, you may be concentrating on certain events that often end up in a move. One example: the end of the school season. However, NAR studies have found that more homeowners are staying...

Will April Bring Showers of Sales?, Preparing New Buyers for the Costs of Home Ownership, Rates and more

Market News April 5 - Mortgage Capital Partners, Inc. Market News April 5 Market Updates Will April Bring Showers of Sales? Mark your calendar: Mid-April could offer the perfect mix of market conditions for home sellers, according to a new study that analyzed home sale trends. Results of the study found that sellers could earn as much as an additional....

Closed Sales Surge in February, Housing Supply Climbs, Prices Stay High, Rates and more

Market News March 29 - Mortgage Capital Partners, Inc. Market News March 29 Market Updates Closed Sales Surge in February Even with a higher interest rate environment, closed sales of existing homes surged by almost 10% last month to 4.38 million. While sales were down 3.3% year-over-year, last month's gains were the largest seen in 12 months. High dema...

Mortgage Rates Dip, Applications Rise, New Listings Rise to the Highest Level in Over a Year, Rates and more

Market News March 22 - Mortgage Capital Partners, Inc. Market News March 22 Market Updates Mortgage Rates Dip, Applications Rise An increase in home purchase applications was recorded during the first week of March, driven by mortgage rates dipping below 7% for the first time in more than a month. This suggests that more potential home buyers, tired of....

Presidential Incentives for Home Buyers and Sellers, What To Expect from the Next Federal Reserve Meeting, Rates and more

Market News March 15 - Mortgage Capital Partners, Inc. Market News March 15 Market Updates Presidential Incentives for Home Buyers and Sellers During last week's State of the Union speech, President Biden introduced plans to address the nation's ongoing issues with lack of affordable housing. These plans included the introduction of new tax breaks for f...

Some Buyers Want a Crash. Here's What to Tell Them., Hoping For an Interest Rate Cut Soon? Sorry., Rates and More!

Market News March 8 - Mortgage Capital Partners, Inc. Market News March 8 Market Updates These Seller Myths Are Still Alive and Well While most home sellers are ready to take your advice, there are still some myths about pricing and the sale process you may need to address. These are still going strong in today's market. Never Accept the First Offer. W...

These Seller Myths Are Still Alive and Well, Five Rules for Professional Emails, Rates and more!

Market News February 30 - Mortgage Capital Partners, Inc. Market News February 30 Market Updates These Seller Myths Are Still Alive and Well While most home sellers are ready to take your advice, there are still some myths about pricing and the sale process you may need to address. These are still going strong in today's market. Never Accept the First Offe...

Why Generation Z Buyers Aren't Millennial Lite, Should You Tout Tiny Homes?, Rates and more!

Market News February 23 - Mortgage Capital Partners, Inc. Market News February 23 Market Updates Why Generation Z Buyers Aren't Millennial Lite Even though recent stats define typical first-time buyers as 30-something Millennials, it's time to consider updating your marketing strategies for Generation Z buyers. Research on Gen Z is increasing as they gradu...

Encourage Would-be Sellers with an Equity Assessment
Generation Z Heads West, Rates and more!

Market News February 17 - Mortgage Capital Partners, Inc. Market News February 17 Market Updates Encourage Would-be Sellers with an Equity Assessment While some homeowners already have reasons to sell during 2024, there are some who have decided to stay put, even if their property doesn't fit their lifestyle or plans. They're on the fence because of today'...

Equity, Inventory Numbers Continue to Grow, Don't Leave Home Without These, Rates and more!

Market News February 9 - Mortgage Capital Partners, Inc. Market News February 9 Market Updates Equity, Inventory Numbers Continue to Grow According to recent data, housing affordability and buying power are both moving in the right direction. The latest Mortgage Monitor Report from Intercontinental Exchange, Inc. (ICE) contained encouraging data for buyer...

Buyer Purchasing Power Continues to Recover, Buyers' Strategies for Shopping Limited Listings, Rates and more!

Market News February 2 - Mortgage Capital Partners, Inc. Market News February 2 Market Updates Buyer Purchasing Power Continues to Recover During the last months, mortgage interest rates have reacted to favorable economic news and are now considerably lower than last October's painfully high numbers. This adds up to additional purchasing power for your bu...

Buyer's Regret Fuels Rising Inventory Numbers, Home Inspection Protocol for Buyer and Listing Agents, Rates and more!

Market News January 26 - Mortgage Capital Partners, Inc. Market News January 26 Market Updates Buyer's Regret Fuels Rising Inventory Numbers While housing inventory is still painfully low in many areas, many agents are reporting an increase in market activity before the usual spring thaw. More homeowners are making the decision to sell, regardless of mort...

More Buyers Leaving the Sidelines, Should First-Time Buyers Think Small?, Rates and more!

https://www.mortgagecapitalpartners.com/market-news-january-19/

Are Property Listings on the Rise?, Down Payment Assistance: 2024 Updates, Rates and more!

Market News January 12 - Mortgage Capital Partners, Inc. Market News January 12 Market Updates Today's Market News: Share Your Views of the VA Loan Process Since their introduction in 1944, mortgages backed by the Department of Veterans Affairs (VA) have enabled millions of veterans and active-duty military to buy a home without a large down payment. Whil...

It's a Month for Dollars and Sense, The Migration Boom is Losing Steam, Rates and more!

Market News January 5 - Mortgage Capital Partners, Inc. Market News January 5 Market Updates Today's Market News: Share Your Views of the VA Loan Process Since their introduction in 1944, mortgages backed by the Department of Veterans Affairs (VA) have enabled millions of veterans and active-duty military to buy a home without a large down payment. While...