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

Inflation Eased Slightly but Outlook Remains Weak

High inflation eases, but price pressures still intenseThe U.S. grew slightly through end the August, a Federal Reserve survey found, but the outlook for the economy over the next year “remained generally weak” because of rising interest rates and nagging labor and supply shortages.The regular Fed survey, known as the Beige Book, said the sharp increase in prices earlier in the year has begun to fade, but that inflation “remained eleva

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Mortgage Demand Drops Further as Interest Rates Shoot Back to June High

In June the average rate on the 30-year fixed shot over 6% briefly, and that was enough to turn the once-hot housing market on its heels. Rates pulled back in July and August, but the damage was already done. Now rates are heading past 6% yet again, causing already beleaguered mortgage demand to fall even further.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.94%

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Why the Housing Market is Not in Recession

Housing sales are falling in response to rising interest rates, but the real estate market is not in a recession, according to Wharton’s Fernando Ferreira. He explains why the persistent lack of supply will continue to put pressure on homebuyers.Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession.Home sales are falling in response to rising interest rates, but the

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Data Suggests Economy may not Face Recession

The government’s main measures of US growth pointed in different directions in the first half of 2022, adding to the ongoing debate on the health of the economy.Inflation-adjusted gross domestic product, or the total value of all goods and services produced in the economy, decreased at a 0.6% annualized rate in the April to June period, Commerce Department data showed Thursday. That reflects an upward revision to consumer spending and compares

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Welcome to the Team Broker-Partner Markiesia Scott

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 Broker-Partner.

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Mortgage Rates Rise Again, Nearing Affordability Threshold

If borrowing costs get just a little higher, the average household may be blocked from homeownership, warns an NAR economist.Mortgage rates continued inching up this week, nearing a threshold that would bring the average American household to a financial tipping point, warns Nadia Evangelou, senior economist and director of forecasting for the National Association of REALTORS®.The 30-year fixed-rate mortgage jumped to an average of 5.66%, Freddi

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Over 90% of US Adults Think Climate Change will Inevitably Impact the Real Estate Market

3 in 5 say climate risks have already impacted their decision on where to live; but housing prices and cost of living are still bigger factors.New survey data reveals that the vast majority (87 percent) of US adults believes climate change poses a risk to the world. The findings come as the effects of climate change are becoming ever more visible around the world — think recent catastrophic flooding from Australia to Kentucky&nbs

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REALTORS: A Brokerage that Gives More for Less

   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.SOME OF OUR BENEFITS INCLUDE 24/7 Broker SupportWe take great pride in our World-Class Support. When you want the support, we’ll

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Modern Hallway Ideas from Architects, Interior Designers, and Additional Experts

Our modern hallway ideas will help you create a slick, stylish entrance to your home. Plus, we also share great tips from design expertsThese modern hallway ideas look at how to create a space for your home that is elegant yet practical.Getting your hallway lighting right is a good starting point, according to award-winning architect Paul Weston. And there are several tricks you can try to eliminate shadows and illuminate every inch of your

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First-Time Gardener? Here is How to Prepare for Fall

Learn what to do before the season is over to protect plants and make improvements in anticipation for next spring.Before COVID-19, millions of Americans had never gardened. Now, many have the time at home to plant perennial beds and borders, vegetable and herb patches, and fruit trees to improve their yards’ aesthetics and provide food for their families. They also may construct outdoor spaces for lounging, cooking, dining, and to simply have

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