Kenji Mitsumori Real Estate

Open House
March 9th (Saturday) 10am-4pm
March 10th (Sunday) 10am-4pm

Listing in WINTER SPRINGS at 750 N GRETNA CT

Mortgage refinance demand plunges 13% as interest rates climb toward two-year high https://www.cnbc.com/2022/01/26/mortgage-refinance-demand-plunges-13percent-as-interest-rates-climb.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Mortgage refinance demand plunges 13% as interest rates climb toward two-year high As mortgage rates continue to rise, demand for refinances is plunging and homebuyers are struggling.

Home prices surged in November, but at a slower rate, S&P Case-Shiller says https://www.cnbc.com/2022/01/25/home-prices-surged-in-november-but-at-a-slower-rate-sp-case-shiller-says.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Home prices surged in November, but at a slower rate than in October, S&P Case-Shiller says Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago.

December home sales drop 4.6%, as supply hits record low https://www.cnbc.com/2022/01/20/december-home-sales-drop-4point6percent-as-supply-hits-record-low.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

December home sales drop 4.6%, as supply hits record low Home sales were weaker than expected in December as mortgage rates rise.

https://apple.news/AM697nAurTcKxndbA8l_MzA

U.S. mortgage interest rates surge by most in almost 2 years — Reuters The interest rate on the most popular type of U.S. home loan surged last week by the most in two years and has climbed back roughly to where it was before the coronavirus pandemic struck, after signals that the Federal Reserve would be raising rates sooner and faster than...

Home sales rose in November on hot job market, fears of rising rates https://www.cnbc.com/2021/12/22/home-sales-rose-in-november-on-hot-job-market-fears-of-rising-rates.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

November home sales rose due to hot job market and concerns over rising rates next year Sales of previously owned homes in November rose 1.9% from October to 6.46 million units, according to the National Association of Realtors' seasonally adjusted count.

https://www.attomdata.com/news/most-recent/attom-q3-2021-u-s-home-sales-report/

Seller Profits Increase Across U.S. in Third Quarter as National Median Home Price Reaches Another Record ATTOM's Q3 2021 U.S. Home Sales Report shows that U.S. home sale profit margins are at the highest level since the end of the Great Recession.

Sales of existing homes rose last month, likely due to brief drop in mortgage rates https://www.cnbc.com/2021/10/21/sales-of-existing-homes-rose-in-september-likely-due-to-a-brief-decline-in-mortgage-rates.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Sales of existing homes rose in September, likely due to a brief decline in mortgage rates Sales of existing homes rose 7% last month, likely driven by a brief decline in mortgage rates.

Mortgage demand falls as rates rise to highest level since July https://www.cnbc.com/2021/09/29/mortgage-demand-falls-as-rates-rise-to-highest-level-since-july.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Mortgage demand falls as rates rise to highest level since July Higher rates caused mortgage demand to drop for refinances and home purchases.

Existing home sales fall 2% as first-time buyers are priced out https://www.cnbc.com/2021/09/22/existing-home-sales-fall-2percent-as-first-time-buyers-are-priced-out.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Existing home sales fall 2% as first-time buyers are priced out The share of first-time buyers fell to just 19% of all sales, the lowest since January 2019.

https://apple.news/A_YKbV4c9T22E5mfaH7vQdA

Rent inflation is about to surge forth and it won’t stop, two Fed economists say — Barron's Two Federal Reserve economists are warning of an acceleration in rent inflation over the years to come, casting doubt over policy makers’ bet that overall pricing pressure is indeed temporary.

Soaring home prices shattered another record in June, S&P Case-Shiller says https://www.cnbc.com/2021/08/31/home-prices-surged-in-june-shattering-another-record-sp-case-shiller-says.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Soaring home prices shattered another record in June, S&P Case-Shiller says Home prices in the U.S. are now 41% higher than their last peak during the housing boom in 2006.

Homebuyers sign fewer contracts in July, as high prices chill the summer market https://www.cnbc.com/2021/08/30/homebuyers-sign-fewer-contracts-in-july-amid-high-prices.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Homebuyers sign fewer contracts in July, as high prices chill the summer market Signed contracts on existing homes fell in July, suggesting a slower fall for closings.

Inflation was hot in July, but rent isn't showing up yet and could drive prices higher https://www.cnbc.com/2021/08/11/inflation-rent-could-be-a-persistent-factor-in-higher-consumer-prices.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Inflation was hot in July, but rent isn't showing up yet and could drive prices higher Sharp post-pandemic price increases in some parts of the economy appear to be fading, but rent is expected to show up as a longer lasting factor in inflation.

Weekly mortgage demand falls as interest rates move higher https://www.cnbc.com/2021/05/26/weekly-mortgage-demand-falls-as-interest-rates-move-higher.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Weekly mortgage demand falls as interest rates move higher A slight increase in mortgage interest rates was enough to tank refinances and bring down overall demand.

April existing home sales drop, marking three straight months of declines https://www.cnbc.com/2021/05/21/april-existing-home-sales-drop-marking-three-straight-months-of-declines.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

April existing home sales drop, marking three straight months of declines Home sales in April dropped unexpectedly, as extremely low supply stands in the way of strong demand.

Home construction sees biggest drop since pandemic hit. Here's why https://www.cnbc.com/2021/05/18/home-construction-sees-biggest-drop-since-pandemic-hit-heres-why.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Home construction sees biggest drop since pandemic hit. Here's why Despite a historic shortage of homes for sale, homebuilders are actually slowing production, handcuffed by skyrocketing commodity prices.

Federal judge overturns national eviction ban https://www.cnbc.com/2021/05/05/federal-judge-lifts-eviction-ban.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Federal judge overturns national eviction ban A federal judge struck down on Wednesday the national eviction moratorium, potentially leaving millions of Americans at risk of losing their homes.

https://www.fool.com/millionacres/real-estate-investing/articles/how-do-foreclosures-continue-to-rise-despite-federal-bans/

How Do Foreclosures Continue To Rise Despite Federal Bans? Despite bans, foreclosures are still happening. Here's how -- and what it means for investors interested in these bargain-priced properties.

February home prices see the biggest gain in 15 years, S&P Case-Shiller says https://www.cnbc.com/2021/04/27/february-home-prices-see-biggest-gain-in-15-years-sp-case-shiller-says.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

February home prices see the biggest gain in 15 years, S&P Case-Shiller says Home price gains continue to outpace expectations, as tight supply and strong demand lead to bidding wars.

https://www.floridarealtors.org/news-media/news-articles/2021/04/first-time-homebuyers-are-getting-outbid-big-companies

First-time Homebuyers Are Getting Outbid by Big Companies Landlords, large and small, are lining up to buy homes as investment properties. A recent study found 1 in 5 homes sold in the U.S. in 2020 were bought by investors.

Home sales fell in March as tight supply pushed prices higher https://www.cnbc.com/2021/04/22/home-sales-fell-in-march-as-tight-supply-pushed-prices-higher.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Existing home sales suffer second straight monthly decline as tight supply pushes prices higher Low supply continues to push prices ever higher. The median price of an existing home sold in March was $329,100, a 17.2% increase from March 2020.

https://www.foxbusiness.com/lifestyle/us-areas-had-highest-lowest-property-taxes-2020

These US states had the highest, lowest property taxes in 2020: report Owning a home comes at a cost, but some properties are more taxing than others.: Attom Data Solutions, a national property resource, has analyzed 3,006 U.S. counties to find out which had the highest and lowest property tax rates in 2020.

https://www.wsj.com/articles/u-s-housing-market-is-nearly-4-million-homes-short-of-buyer-demand-11618484400?redirect=amp =https://t.co/ONfpQB3dyP

WSJ News Exclusive | U.S. Housing Market Is Nearly 4 Million Homes Short of Buyer Demand Mortgage-finance company Freddie Mac said the shortfall in single-family homes has grown by half in just two years as builders contend with shortages of labor, materials and developed land.

https://www.attomdata.com/news/most-recent/real-estate-seasonality-how-seasons-affect-the-market/

Real Estate Seasonality: How Seasons Affect the Market | ATTOM Seasonality plays a huge role when it comes to the real estate market. Discover key factors that affect the housing market.

https://www.forbes.com/sites/melissaholzberg/2021/03/23/home-sales-fell-nearly-20-in-february/

Home Sales Fell Nearly 20% In February Inventory remains low while more homes are still sold compared to pre-pandemic rates.

Housing market at a tipping point after stunningly successful year during pandemic https://www.cnbc.com/2021/03/12/housing-market-covid-one-year-anniversary.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

The housing market stands at a tipping point after a stunningly successful year during the pandemic Lower demand and weaker affordability could cause a significant slowdown in home sales and stop the steep rise in home prices.

December home prices rose 10.4%, the biggest gain in 7 years, Case-Shiller says https://www.cnbc.com/2021/02/23/december-home-prices-rose-9-.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

December home prices rose 10.4%, the biggest gain in 7 years, Case-Shiller says December is usually the slowest month for the housing market, but price gains didn't slow down one bit in 2020.

Existing home sales rise slightly in January, but record low supply weighs on market https://www.cnbc.com/2021/02/19/existing-home-sales-rise-slightly-in-january-but-record-low-supply-weighs-on-market.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Existing home sales rise slightly in January, but record low supply weighs on market After a brief pullback in December, buyers returned to the market, although they are still being hampered by record low supply.

Household debt rises to $14.6 trillion due to record-breaking rise in mortgage loans https://www.cnbc.com/2021/02/17/household-debt-rises-to-14point6-trillion-due-to-record-breaking-rise-in-mortgage-loans.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Household debt rises to $14.6 trillion due to record-breaking rise in mortgage loans Debt increased 1.4% for the final three months, representing another $206 billion as households took advantage of low interest rates.