Real Estate - Real Estate, Updates, News & Tips

Welcome to the Team Shawn Conte Dealing the Inland Empire

iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.

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Mortgage Rates Drop From Recent Highs

After weeks of rising rates, mortgage rates are now falling. The 30-year fixed-rate mortgage averaged 5.10% this week, Freddie Mac reports.“Mortgage rates decreased for the second week in a row due to multiple headwinds that the economy is facing,” says Sam Khater, Freddie Mac’s chief economist. “Despite the recent moderation in rates, the housing market has clearly slowed, and the deceleration is spreading to other segments of the econom

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Where Yards get Highest Value

When it comes to the value of a home, yards in Hawaii get the most consideration in the U.S.Living Cozy, a homeware and furniture brand analyzed the average home value and yard size in each state to identify where the size of a yard could have the biggest impact on a property’s value. Researchers found that Hawaii is the state with the highest yard value compared to the other states.“Famous for its luxury homes with large backyards, houses in

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REALTORS: Make the Switch and Experience for yourself

   iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.SOME OF OUR BENEFITS INCLUDE 24/7 Broker SupportWe take great pride in our World-Class Support. When you want the support, we’ll

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Home Prices Soar in Opportunity Zone Redevelopment Areas

Median prices in designated economically-challenged areas are mirroring what is occurring elsewhere in the housing market—and the prices are climbing. The median single-family home and condo price increased from the fourth quarter of 2021 to the first quarter of 2022 in 55% of opportunity zones nationwide, and jumped by at least 20% annually in half of those areas, according to a new report from ATTOM Data Solutions.Median values are up in abou

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Contract Signings Hit Slowest Pace in Nearly a Decade

The housing market is slowing: Pending home sales fell 3.9% in April, marking the sixth consecutive month for declines and the slowest pace in nearly 10 years. NAR’s Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—was down 9.1% in April compared to a year earlier.Lawrence Yun, NAR’s chief economist, attributes the slowdown to the recent sharp rise in mortgage rates, which are adding considerab

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2021 was a Record-Breaking Year in Real Estate

Last year, home buyers spent nearly $3 trillion on real estate—the highest ever. That exceeds previous highs by more than $600 million that were set in 2020 and 2005, CoreLogic reports.Home prices are the main culprit behind that surge. By the end of 2021, home prices were 50% above their highest peak before the market downfall in 2006, CoreLogic reports.Home sales also contributed to the record-breaking year; 2021 marked the largest number of

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Most Popular Home Trends by State

What’s trending and where? Confused.com, a home insurance resource, took its annual look at the latest trends for homes across the U.S.In New Mexico, residents are loving Japanese home-inspired styles (like white walls and “zen” finishes) while Maine residents are showing more favor for Tuscan styles (with terracotta, iron finishes, stone, and tiles). The overall favorite among the states, however, is modern, defined by monochromatic c

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New-Home Sales Post Double-Digit Drop

Rising prices in the new-home market prompted buyers to take a step back in April. The sale of newly built, single-family homes fell 16.6% in April, dropping to their weakest pace in two years, the Department of Housing and Urban Development and the U.S. Census Bureau reported Tuesday. Rising mortgage rates are worsening affordability conditions, builders say.New-home sales are down nearly 27% compared to a year earlier, the report shows.“The v

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