by Lori | Oct 29, 2020 | Market Updates, News and Events, Real Estate News
September 30, 2020 Pending home sales are exceeding pre-pandemic levels and defying forecasts. August marked the fourth consecutive month of escalating sales contract activity, with all four major regions of the U.S. posting higher year-over-year pending home...
by Lori | Jul 28, 2020 | Market Updates, Real Estate News, Uncategorized
July 22, 2020 Despite high unemployment numbers, nearly two-thirds of buyers recently surveyed say they’ve been able to save more money for their down payment due to the shelter-in-place orders this spring. Combined with low interest rates (the 30-year fixed-rate...
by Lori | Dec 16, 2019 | Blog, Market Updates, News and Events, Real Estate News
December 4, 2019 More home appreciation is likely to come in the new year. In a new report released by CoreLogic, economists predict home prices will spike by 5.4% from October 2019 to October 2020. That is even higher than the 3.5% annual appreciation in national...
by Lori | Sep 6, 2019 | Market Updates, Real Estate News, Uncategorized
September 6, 2019 © REALTOR® MAGAZINE The 30-year fixed-rate mortgage averaged 3.49% this week, the lowest average since October 2016, Freddie Mac reports. “Mortgage rates continued the summer swoon due to weaker economic data,” says Sam Khater, Freddie Mac’s chief...
by Lori | Aug 1, 2019 | Blog, Market Updates, Real Estate News
Data Shows Substantial Housing Progress Post-Recession Since the recession, the U.S. real estate housing markets have undergone a significant transformation, creating a booming real estate industry that is almost unrecognizable to the one we had just a decade ago....
