Closing Time Podcast

Allison Gamber, executive director of the Cove Center for Grieving Children and Brooke Veins, program coordinator, join Joe Aguiar to discuss their two big fundraisers! The 4th Annual Hope & Healing Virtual Auction on March 23rd-25th, 2023 and The Cove Kids’ Classic at Lyman Orchards on May 5th! 

Chris Sawyer from Annie Mac Home Mortgages joins Joe Aguiar to help answer questions and to get to know both Cash Offer and Buy Now Sell Later programs. This is great info for buyers, sellers and other real estate agents!

https://chrissawyer.annie-mac.com/  or email 
[email protected] 

http://www.ctbbrealty.com/meet-the-team 
Email [email protected] 

https://www.clovercrestmedia.com/closingtimepodcast

Closing time 

Homebuyer Bidding War Rate Drops to 2021 Low in September

59% of home offers faced competition in September, the lowest level in nine months, amid a seasonal housing-market slowdown and an uptick in mortgage rates. That’s down from a revised rate of 60.8% in August and a peak of 74.3% in April. September marked the fifth-straight month of declines, putting the bidding-war rate on par with the level seen a year earlier (58.3%).

Home Prices Rose Twice as Fast in Car-Dependent Neighborhoods as Transit-Accessible Areas During the Pandemic

Home prices in car-dependent areas are up 33% since before the pandemic versus 16% for transit-accessible neighborhoods, reflecting the rise in remote work and the declining importance of proximity to public transportation. 

It’s like a suburb tax.. 

Single Buyers Face Hurdles as Starter Homes Dwindle

The number of one-person households has doubled over the last four decades, but supply of entry-level housing is near a 50-year low.

Australian town is inundated with inquiries after offering free land to new residents

Quilpie, a town of 800 people, has received more than 250 inquiries for its housing program

The Quilpie Shire Council is offering a grant equivalent to $9,400 to anyone who buys land, builds a house there for less than $560,000 and lives in it for at least six months. Quarter-acre blocks of land sell for about $9,400, so the land is effectively free, although only Australias or permanent residents are eligible.