Paramount Real Estate Services Blog
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Covers articles on Mortgage, Insurance, Buyer tips, Seller tips, Real Estate tips and more.
Paramount Real Estate Services specialize in serving all of your Real Estate needs with integrity & compassion. They cover Residential Real Estate Sales and Multifamily Real Estate Sales.
Paramount Real Estate Services Blog
1M ago
We are past the election. Whew! We bet you’re happy you’re not seeing any more political ads. We sure are. During our office meeting we recently took a good look at the real time US Debt Clock. It is sobering, but is a good exercise to try to wrap our brains around what we are faced with. It […]
The post November Monthly Market Real Estate Update first appeared on Paramount Real Estate Services ..read more
Paramount Real Estate Services Blog
1M ago
As expected the FED dropped rates 50 BP at their September meeting, but now they are facing scrutiny for potentially making some political moves ahead of the election. All Real Estate is local. Here is a snapshot of our current local market and the trends to pay attention to. Current Active Listings (All Types) 3015 Down 1.3% from last month & […]
The post October Monthly Market Real Estate Update first appeared on Paramount Real Estate Services ..read more
Paramount Real Estate Services Blog
4M ago
The markets are showing some more increased activity as mortgage rates are continuing to trend downward. The FED is meeting on September 17-18th! All Real Estate is local. Here is a snapshot of our current local market and the trends to pay attention to. Current Active Listings (All Types) 3055 Up 1% from last month & up 17% […]
The post September Monthly Market Check In first appeared on Paramount Real Estate Services.
The post September Monthly Market Check In appeared first on Paramount Real Estate Services ..read more
Paramount Real Estate Services Blog
5M ago
The markets are showing different storylines as we head into the Summer months. This time of year should be our busiest, however it is not performing as expected. All Real Estate is local. Here is a snapshot of our current local market and the trends to pay attention to. As always there is quite a bit […]
The post July Monthly Market Check-In first appeared on Paramount Real Estate Services.
The post July Monthly Market Check-In appeared first on Paramount Real Estate Services ..read more
Paramount Real Estate Services Blog
6M ago
Happy Summer! We’re a bit early, but always ahead of the game. We hope you are enjoying the warmer weather. Real Estate is local. Here is a summary of our market over the last month.
Current Active Listings (All Types)
2713
Up 8% from last month & up 21% from this time last year
Current Pending Listings
1169
Up 2% from last month & down 4% from this time last year
Sold Listings Last Month
800
Up 6% from last month & up 4% from this time last year
New Listings Last Month
1340
Up 5% from last month & up 7% from this time last year ..read more
Paramount Real Estate Services Blog
6M ago
The weather is turning warmer and activity is picking up, although dampered a bit from a ‘normal’ Spring selling season. Real Estate is local. Here is a summary of our market over the last month.
Current Active Listings (All Types)
2513
Up 8% from last month & up 24% from this time last year
Current Pending Listings
1148
Up 7% from last month & down 1.5% from this time last year
Sold Listings Last Month
750
Up 19% from last month & up 14% from this time last year
New Listings Last Month
1276
Up 12% from last month & up 21% from this tim ..read more
Paramount Real Estate Services Blog
9M ago
There are many moving parts to a full Real Estate transaction. These are some items that we manage so you don’t have to.
REPRESENTING BUYERS
Provide fiduciary responsibilities to our buyers through agency laws
Understanding Real Estate contracts and contract law
Stay on top of market trends, statistics and changes to bring valuable information to our buyers
Manage all details of the transaction protecting buyers’ timelines, deadlines and contingencies
Financial & time investments up front for researching and viewing properties for sale
Protecting buyers’ interests so they are not in defau ..read more
Paramount Real Estate Services Blog
9M ago
There are many moving parts to a full Real Estate transaction. These are some items that we manage so you don’t have to. REPRESENTING SELLERS
Provide fiduciary responsibilities to our sellers through agency laws
Understanding Real Estate contracts and contract law
Stay on top of market trends, statistics and changes to bring valuable information to our sellers
Manage all details of the transaction protecting clients timelines, deadlines and contingencies
Vetting potential buyers to ensure the safety of sellers & their property
Protecting clients’ interests so they are not in default of co ..read more
Paramount Real Estate Services Blog
10M ago
Activity is always expected to pick up in the Springtime, however this year it appears to be either delayed for the most part, or we won’t see the big activity increase like we typically do. We are seeing the number of sales increase a little, however with it being an election year and interest rates as high as they are comparable to over the last 15 years, it wouldn’t be surprising if our Spring and Summer selling seasons were pushed down a bit. We will probably see a selling season similar to last year.The CPI Report that came out yesterday shows inflation rose .04% in March and ..read more
Paramount Real Estate Services Blog
10M ago
Consumers just keep spending with the recent CPI report showing an increase in inflation of .4% from last month and up 3.8% on the year and 3.2% from this time last year. The FED is still a ways from their 2% target and they are continuing to unload their balance sheet which has more of an effect on mortgage rates. This is an interesting site,
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
The disparity between consumer debt and savings continues to be a major problem. Many folks seem to be riding the wave of the past few years wh ..read more