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In case you haven’t been paying attention (which we highly doubt), interest rates have been creeping over the last several months and, according to recently analyzed data by the NAHB’s Eye on Housing, are now approaching an eight-year high. They say that the 30-year FRM – Commitment rate, inched up considerably by 20 basis points to 4.83% from 4.63% in September, with October’s increase being the highest since early 2011. Indeed….
“…As a result of rising mortgage rates, affordability is at the lowest level in a decade and new home sales have been soft in recent months…”
Click here to read the full report at the NAHB’s Eye on Housing.
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BY BRAD BECKETT ON NOVEMBER 29, 2018
Earlier this year a realtor in Houston, Texas enticed buyers with “free tacos” with the purchase of a home. Now we’ve come across another “innovative” realtor in the same market that used half-naked models to help promote a listed property. According to the Houston Chronicle, with the approval of the homeowner, the realtor posted photos of scantily-clad fitness models posing throughout the home. Of course as the complaints started rolling in they were promptly removed. However the models helped garner over 20k views within the first 24 hours of its posting. The report also quoted the realtor as saying she’s always been known as the “potty mouth” real estate agent with an edge. Indeed…
“The tattooed models are shown performing normal household tasks like changing a light bulb or cooking. The photos helped her book six showings the day after they went live, she said…She took photos of the models throughout the home to show a more realistic scenario of a young couple walking around partially clothed…”
Houston Chronicle: Photo Courtesy Of Kristin Gyldenege
Click here to read the full story at the Houston Chronicle.