Real Estate, Updates, News & Tips - iPro Real Estate

Existing-Home Sales Slip Again, Yun Blames Mortgage Rates

Still, homeowners are faring well, with property prices surging despite a pullback in buyer demand, says NAR’s chief economist.Existing-home sales slipped further in August as economists blame the “housing recession” mostly on higher mortgage rates, though home prices continue rising, according to newly released data from the National Association of REALTORS®. But while existing-home sales, which reflect transactions for single-family home

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Housing Starts Rebound, Builders Aim to Win Buyers Back

Despite an unexpected jump in new construction in September, demand for new homes is falling due to high prices and mortgage rates. Builders are lowering their asks to boost buyer traffic.Even as demand for new homes fizzles—about a quarter of homebuilders are reducing their prices to attract more buyers as foot traffic falls—single-family construction jumped 3.4% in August, the Commerce Department reported Tuesday. Economists are callin

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The Most Popular Design Styles in Each State

Find out which style is the favorite in your home state.Modern interior design reigns as the most popular home style in 32 states, according to a new study from Confused.com, a home comparison site. Modern interior design is characterized by a monochromatic color palette, clean lines, minimalism and natural finishes.“Modern never goes out of style,” Jacqueline Hamilton, an expert at Seaforde Interiors(link is external), told Co

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Welcome to the Team Isaiah Lesley Dealing the DFW Area

iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.

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Mortgage Rates Top 6% for First Time Since 2008

Monthly mortgage payments are 60% higher than a year ago, according to NAR. Buyers can save by shopping around for different types of loans.The interest rate for the 30-year fixed-rate mortgage crossed a major threshold this week, hitting 6.02%—the first time it has broken 6% since 2008, Freddie Mac reported Thursday. Volatile mortgage rates are sending shockwaves through the housing market and unnerving home buyers who are concerned about shri

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Laurence Llewelyn-Bowen Reveals the Floor Colour to Avoid in Small Rooms

Trying to work out how to make a small room look calm and curated rather than cramped and cluttered can quickly bring on decorating fatigue, and it's all too tempting to throw in the towel. From small living rooms to narrow hallways and pokey downstairs loos, a lack of space brings many a design dilemma. So we asked Laurence Llewelyn-Bowen for his top tips, and the flamboyant interior designer surprised us with his response. LLB ex

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Biden Says ‘More Time’ Needed to Cut Inflation as Prices Run Hot

President Joe Biden ignored worse-than-expected US inflation data that roiled markets during a planned celebration for his signature climate-and-tax law.The law Biden celebrated Tuesday is called the Inflation Reduction Act, and the White House has repeatedly said tackling inflation -- a political liability for Democrats before the November midterms -- is the president’s top priority. But after the Labor Department reported, hours before the ev

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The Best Video Doorbells for your Smart Home

The tech behind the video doorbell is ever evolving, so this updated list includes the best options based on what’s available today, plus a few recommendations.Since this series first compared Ring and Nest in 2020, much has changed in the video doorbell realm. The technology has improved, new models have come out and options have expanded. We’ve been able to test eight popular new video doorbells to provide you with the most up-to-

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Mortgage Rates Climb to 6% for the First Time Since 2008

The average interest rate on a 30-year home loan has hit 6% for the first time since 2008, the Mortgage Bankers Association said Wednesday,.The 6% rate is "essentially double what it was a year ago," Joel Kan, associate vice president of economic and industry forecasting at the trade group, said in a statement Wednesday. The higher mortgage rate has "contributed to more homebuyers staying on the sidelines," he added.Rising home ownershi

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The World's Hottest Housing Markets are Facing a Painful Reset

“Sellers often overlook signs of shrinking demand,” he said.  Higher real estate financing costs hit economies in multiple ways. Households with loans tighten their belts, while rising mortgage payments discourage would-be buyers from entering the market, dragging on property prices and development.The slowdown is a stark turnaround from a boom fueled by central banks’ easy-money policies in the years after the financial crisis an

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