NK Real Estate Group

We Remember And Honor all who served. #MemorialDay

We hope you feel how Loved you are. HAPPY MOTHER'S DAY! #MothersDay2024 #MothersLove

5 types of Home expected to SOAR IN VALUE THIS YEAR! #NKRealEstateGroup #RealEstate #Homebuyer #Homebuying #homeselling

AI promises to revolutionize homebuilding with advanced production methods like 3D printing and optimized material use. EXPECT FASTER Construction and Higher quality Homes as AI technology gains traction in the industry. #NKRealEstateGroup #homebuilding #home #aihomedesign #realestate

4 TIPS to make buying a Home together easier! #NKRealEstateGroup #HomeBuyingTips #homebuying #homebuyers #realestate

Nearly 40% of U.S. homeowners can't afford to buy their own homes due to skyrocketing prices and high mortgage rates. Many have seen prices double over the last decade, making moving up the housing ladder nearly impossible. Baby boomers, who bought homes at lower prices, face the greatest challenge. The crisis is dire for lower-income homeowners, highlighting the urgent need for action to ensure housing affordability for all. REDFIN | Real Estate News #NKRealEstateGroup #realestatenews #homebuying #homebuyers #HomeAffordability

With daily mortgage rates surpassing 7.4%, the median home-sale price reaching $380,250, and median monthly payments rising by 11%, home buyers are facing unprecedented financial hurdles. Despite these challenges, there's a 5% weekly surge in mortgage-purchase applications, reflecting persistent buyer interest. Agents advise acting swiftly to secure purchases amidst fears of further rate hikes and escalating costs. REDFIN | Real Estate News #NKRealEstateGroup #realestatenews #mortgagerates #homebuyers #homebuying

With inflation hitting 3.5%, mortgage rates are on the rise, nearing 7%. The current average for a 30-year fixed-rate mortgage is 6.88%, according to Freddie Mac. NAR's Lawrence Yun warns rates could surpass 7%, impacting spring home buyers. This spike may price out some buyers, particularly first-timers, affecting affordability and market dynamics. NAR | Real Estate News #NKRealEstateGroup #realestatenews #inflation #springrealesate #spring

Builders are responding to soaring home prices by increasing incentives, with 60% now offering deals, leading to a nearly 12% rise in single-family housing starts in February. In response to buyer concerns, builders are offering funds toward closing costs, home upgrades, and even reducing prices for the first time since July 2023. Despite inflation and material costs, builders remain optimistic, with confidence levels hitting an eight-month high in March. Anticipated falling mortgage rates are expected to attract more buyers into the market, reinforcing builders' efforts to make homeownership more attainable. NAR | Real Estate News #NKRealEstateGroup #realestatenews #homebuyertips #homesellingtip

Find out How much Value you have built #NKRealEstateGroup #homebuying #homeselling #homesearch