The real estate market is facing challenges with inflated home prices, low inventory, and financial instability. Maryland real estate broker, Todd Saxs, provides insights into the current state of the market and offers valuable advice for buyers and sellers.
Are house prices expected to decline due to low inventory?
House prices are not expected to decline due to low inventory.
What are the potential risks for FHA borrowers?
FHA borrowers may be rolled into 40-year mortgages and have a portion of their balance recast on the back side of the loan.
Are commissions in real estate negotiable?
Commissions in real estate are 100% negotiable.
Why are insurance companies canceling policies of homeowners in Florida?
Rising property prices and high property taxes are causing insurance companies to cancel policies of homeowners in Florida.
What are the potential consequences of the end of the COVID forbearance period?
The end of the COVID forbearance period may lead to potential foreclosures for those who haven't paid their mortgages.
The real estate market is facing challenges with inflated home prices, low inventory, and financial instability. Maryland real estate broker, Todd Saxs, provides insights into the current state of the market and offers valuable advice for buyers and sellers.
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