General News - Real Estate, Updates, News & Tips

Welcome to the Team David Wright Dealing the Inland Empire

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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7 Most Affordable Outdoorsy Places

Americans have become outdoor enthusiasts since the pandemic began. Fifth-three percent of individuals participated in outdoor recreational activities in 2021—a record high, according to a recent Outdoor Industry Association survey.Americans’ love for the outdoors has had a big influence on real estate as buyers search for homes that allow them to enjoy outside activities more.“During the pandemic, we saw a shift in migration trends from ur

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Mortgage Rates Hold Mostly Flat this Week

The interest rate for the 30-year fixed-rate mortgage averaged 5.09% this week, continuing to inch down slightly. Still, rates are up significantly compared to a year ago. Due to the higher rates, home buyers need to earn about $30,000 more if they want to buy the typical home now compared to a year ago, Nadia Evangelou, National Association of REALTORS®’ senior economist and director of forecasting, writes on the association’s blog.The high

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Mortgage Applications are Falling

The housing market is showing more signs of slowing. Purchase applications fell 1% last week compared to the previous week and volume is now 14% lower than a year ago, the Mortgage Bankers Association’s latest index shows.Overall, mortgage demand, which includes applications for refinancings and home purchases, has fallen to its lowest level since December 2018.Mortgage rates have been moving higher over recent weeks, leading to the softening d

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Home Prices Soar to New Record High

The median national home price climbed to an all-time high in May, reaching $447,000, realtor.com® reports. Buyers snatched up listings a week faster than a year ago. But despite higher prices and faster sales, housing analysts say there are signs of a slowing housing market.Active inventory rose 8% annually—the first time that benchmark has been reached in nearly three years, realtor.com®’s monthly housing trends report shows. A rising num

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Americans Feel Squeeze from High Inflation

Inflation is running at a 40-year high, and more Americans are feeling burdened and rethinking financial plans. Inflation is currently at 8.3% and Americans are facing higher prices for food, housing, fuel, and more.Twenty-five percent of Americans say they’re postponing retirement due to inflation, according to a new BMO Harris Bank report. More than a third of consumers who earn $250,000 a year say they’re living paycheck to paycheck, accor

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Top Cities for Renting in 2022

The Austin, Texas, suburb of Round Rock is this year’s top city for renters, a new study from RentCafe shows. Round Rock leads a list of other Southern cities—both small and large—that emerged high on the list, confirming the growing appeal of the region, the study shows. Round Rock’s highly rated schools, job growth, and large stock of high-end apartments helped it nab the top spot this year.RentCafe identified the top cities for renters

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10 Opportunity Zones with the Greatest Price Increases

Opportunity zones are booming. From the first quarter compared to the fourth quarter of 2021, 55% of qualified opportunity zones saw a jump of at least 20% in median single-family home and condo prices, according to a new report from ATTOM Data Solutions. Home prices in distressed neighborhoods nationwide continue to keep up with the gains in the broader national housing market, the report notes.Opportunity zones, established by Congress in the T

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Welcome to the Team Shawn Conte Dealing the Inland Empire

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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