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What happened to starter homes less than 150k?
Posted by Om Realty Group Tx on February 5th, 2025
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10 best states to raise a family
Posted by Om Realty Group Tx on January 30th, 2025
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FED CUT RATES TO 1/2 POINT, WHATS DOES DO FOR REAL ESTATE?
Posted by Om Realty Group Tx on September 18th, 2024
A half-point rate cut would send a signal to the market that the Fed is serious about reversing the “lock-in” effect that makes homeowners with low-rate mortgages reluctant to sell in a high interest-rate environment. If the Fed reverses course as aggressively as it raised rates, financing costs would go down, creating a flood of […]
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What happens to markets if rate cuts don’t come this year?
Posted by Om Realty Group Tx on March 5th, 2024
At beginning of the year and even in February blogs/videos, I have eluded to the expectation that we will see rate cuts this year which might help the Real estate market. But seems like that’s not going to happen. In the residential sector, failure to bring rates down meaningfully would lead to another year of […]
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Mortgage Rates are on the rise – What’s going on?
Posted by Om Realty Group Tx on February 8th, 2024
Many expected the mortgage rates to slowly drop this year as the economy is doing good and steady and there is no Fed rate increase. But things are happening in opposite direction as of Feb 8th, 2024. What’s going on? Important reason is that US Job market outperformed expectations in Jan 2024 with surging job […]
