Keeping you updated on the market! For the week of March 11, 2019 MARKET RECAP Physician Loan: US new home sales hit 7-month high, services sector rebounds Sales of new U.S. single-family homes rose to a seven-month high in December, but November’s outsized jump was revised lower, pointing to continued weakness in the housing […]
Keeping you updated on the market! For the week of March 4, 2019 MARKET RECAP The No. 1 Sign That We May See a Cooler Spring Home-Buying Market This year’s spring home-buying season, when the frenzy typically kicks off for the year, appears to be off to a slow start—particularly in and around some of […]
Keeping you updated on the market! For the week of February 25, 2019 Weekly mortgage applications rise, a sign of hope for the spring homebuying season Mortgage application volume increased 3.6 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications to purchase a home increased 2 percent […]
Keeping you updated on the market! For the week of February 18, 2019 MARKET RECAP Older Americans ‘age in place,’ millennials struggle to find homes With more seniors than ever aging in place and choosing not to sell the family home, an estimated 1.6 million fewer properties are now available in a market already experiencing […]
Keeping you updated on the market! For the week of February 11, 2019 MARKET RECAP Housing Demand is Strong Again – Will it be Temporary? After ending 2018 in a serious slump, demand for housing is suddenly soaring again, thanks to a drop in mortgage rates that could be temporary. The average rate on the […]
Keeping you updated on the market! For the week of February 4, 2019 MARKET RECAP Home values increased 5.2 percent annually in November, slowing from 5.3 percent in October, according to the widely watched S&P CoreLogic Case-Shiller National Home Price Index. The 10-city composite annual increase also fell to 4.3 percent, down from 4.7 percent […]
A new study from the nation’s leading real-estate agent advocacy group shows how the partial federal government shutdown is curbing economic activity. The National Association of Realtors surveyed its members and found some were reporting an impact on current clients and another was reporting an impact on potential clients.The study did find, that a majority […]
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