News and Events

Economists: Sales Momentum Will Carry Into Fall

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Article courtesy of REALTOR Magazine August 25, 2021 Will bidding wars continue? Will home prices stay elevated? Will home buyer demand remain strong? Heading into the fall season, economists are optimistic about the market’s direction considering its unpredictability since the beginning of the pandemic. For the most part, they agree it won’t be a return […]

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Mortgage Rates Hit Record Low – Again

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The 30-year fixed-rate mortgage hit its 11th record of the year this week, averaging 2.80%—the lowest rate ever recorded by Freddie Mac. “Mortgage rates remain very low, providing homeowners who have not already taken advantage of this environment ample opportunity to do so,” says Sam Khater, Freddie Mac’s chief economist. “Mortgage rates today are on […]

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Buyers Reemerge With More Purchasing Power

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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 mortgage averaged 2.98% last week), more house hunters say they’re stretching their budgets and searching […]

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Blue Zone Project – Brevard

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From the September 5, 2019 issue of the Transylvania Times https://www.transylvaniatimes.com/story/2019/09/05/news/initiative-to-help-brevard-make-healthier-choices-brevard-nc/42070.html Initiative to Help Brevard Make Healthier Choices Brevard has been chosen as the 50th community to be a Blue Zones Project, an initiative that makes healthy choices easier through permanent and semi-permanent changes to a community’s built environment, policy and social networks, according to […]

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The ‘Summer Swoon’ Continues with Mortgage Rates

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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 economist. “While economic growth is clearly slowing due to rising manufacturing and trade headwinds, economic […]

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