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Wanda Kubat-Nerdin - Wanda Can!, St. George Utah Area Residential Sales Agent (Red Rock Real Estate (435) 632-9374)

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Rainmaker
1,543,823
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

With rates historically low and the economy surprisingly good considering we're in a pandemic, people are motivated to change their current living situation. Home DIY projects are through the roof as people realize they don't like their current situation/condition/floorplan.

May 28, 2020 09:14 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

As we have heard from every car dealerships, "No application rejected!"

It is puzzling.....prediction of coming exceptinal  unemployment, huge economy impact...and stock market is up, home buying optimism is up...Hmm, maybe I should book a cruise.

May 28, 2020 08:49 AM
Rainmaker
7,836,419
Roy Kelley
Retired - Gaithersburg, MD

Smart consumers are anxious to take advantage of the very attractive mortgage interest rates.

May 28, 2020 09:41 AM
Rainmaker
129,698
sandy straley
Rindlesbach Homes - Salt Lake City, UT
Selling Homes for over 40 Years

Thx for sharing that is great news. . . . new construction will continue to make a strong economy

May 28, 2020 12:02 PM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I have heard that news, Wanda Kubat-Nerdin - Wanda Can! 

While inventory is certainly down in our area, sale of what does come on the market are strong for attractive, well-priced properties...which need financing in most cases.

May 28, 2020 11:19 AM
Ambassador
3,164,294
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

We didn't really see much of a slow down for mortgages

May 28, 2020 10:33 AM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Maybe because rates are suppose to start increasing?

May 28, 2020 07:28 AM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I did know that. 

Thank you for sharing with the AR community. 

May 29, 2020 08:13 AM
Rainmaker
343,050
Mott Marvin Kornicki
Waterway Realtors® • Notary Public & Apostille - Sunny Isles, FL
Miami Notary & Apostille 786-229-7999

No matter what the situation is and the unprecedented situation we all face now - people still need a place to live.

May 28, 2020 03:35 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Wanda,

Thanks for telling us. A

May 28, 2020 10:31 AM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

This proves a solid point: Real Estate isn't going anywhere & it holds well

May 28, 2020 09:33 AM
Rainmaker
758,035
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

and just like that it's a hot market 

May 28, 2020 08:07 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

That makes sense, new listing equal new sales which equal new mortgage apps

May 29, 2020 05:46 AM
Rainmaker
2,182,552
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

With these mortgage rates , the best is yet to come 

May 29, 2020 04:16 AM
Rainmaker
4,160,899
John Pusa
Glendale, CA

Wanda Kubat-Nerdin - Wanda Can! low interest rates incourages people to buy real estate.

May 28, 2020 01:41 PM
Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Yes saw that from the IL Assn of Realtors note. I think it's great. Maybe some loan officers will chime in here?

May 28, 2020 11:10 AM