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The Investors Goldmine

with... Randy Thomason

Preparing your business for the upcoming bonanza opportunities.

Thursday, July 11, 2019

Hilton Garden Inn
10914 Kanis Rd
Little Rock, AR 72211

Home loan rates have continually fallen all through 2019 to date.
At present, the 30-year fixed-rate home loan is averaging 3.82%, approximately a two-year low.
So far this year, contract rates have just expanded on a week by week premise multiple times.
Verifiably, that has been a formula for a home-purchasing free for all. Home purchasing has gone up when rates have gone down, and the other way around.
But then again, purchasers haven't indicated much enthusiasm for purchasing homes recently. A week ago, applications for home buys just rose 10% from the earlier week, in spite of home loan rates being at a two-year low. Also, the week prior to that, applications for home buys dropped by 2%, as indicated by information from the Mortgage Bankers Association.
The latest information for home deals isn't considerably more positive.
Pending home deals fell for the sixteenth continuous month in April, as indicated by information from  National Association of Realtors.
Financial experts had anticipated a 0.5% expansion; rather deals dropped by a regularly balanced 1.5%.

So for what reason haven't home deals bounced back?
Recently, some have recommended that there could be a huge swath of property holders who were "Rate-Locked." The contention goes that numerous individuals who effectively possess their homes are perched on very low financing costs — and the higher home loan rates that were the standard year ago went about as an obstruction shielding them from looking for another house.
In the event of this you would anticipate that home deals should rev up more than they have.
"Rates are unmistakably not by any means the only factor individuals consider.
move-up buyers may be wary of higher property taxes, now that the deduction for state and local taxes has been capped.

What Does this mean for you as a Investor?
Will deals be more difficult to find?
How will the tax cap affect us and Subject 2 deals?
With Mortgage rates low how will we find buyers?
Are there any ways to take advantage?
We will cover this and more in July's Monthly Meeting. 


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Date: Thursday, July 11, 2019
Time: 6:00 PM - 8:45 PM

Hilton Garden Inn
10914 Kanis Rd
Little Rock, AR 72211

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Arkansas Real Estate Investors Association
  • (501) 358-4620
  • 11610 Pleasant Ridge Rd, Ste 103-158
  • Little Rock, AR 72223

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