Belinda Buchanan

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Pending Sales Sink Again as Rates Track Toward 7%

USA Real Estate News-RISMedia - 59 min 34 sec ago

Pending home sales fell again—at a faster rate than they did a month ago—as spiraling mortgage rates threaten to freeze real estate activity as much of the country prepares for the colder fall and winter months. The National Association of REALTORS®’ (NAR) metric for pending sales fell 2% in August after a smaller 1% drop…

The post Pending Sales Sink Again as Rates Track Toward 7% appeared first on RISMedia.

Mortgage Applications Back on the Down Slope

Last week’s increase in mortgage applications was short-lived following the Fed’s fourth interest rate hike last week, causing the volume of applications to give back most of its gains after what had been a six-week decline, the Mortgage Bankers Association (MBA) said Thursday. Mortgage applications decreased 3.7% from one week earlier and the pace of…

The post Mortgage Applications Back on the Down Slope appeared first on RISMedia.

Prominent Finger Lakes Real Estate Company Announces Alignment with RE/MAX

Above: David Young David Young, a local real estate expert and entrepreneur, is moving his successful real estate company to the RE/MAX brand, the company has announced. The offices formerly known as The Young Agency will become RE/MAX Revolution and continue to serve buyers and sellers throughout the Finger Lakes and Western New York market.…

The post Prominent Finger Lakes Real Estate Company Announces Alignment with RE/MAX appeared first on RISMedia.

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