Historically low mortgage interest rates have been a major impetus to the housing recovery over the last several years. However, many industry experts are concerned about the possible effect of rising rates moving forward. The Mortgage Bankers Association, Fannie Mae, …
Some Real Estate Highlights: The inventory of homes for sale is down 10.1% compared to last year. Low inventory explains the modest increase in home sales (0.8% year-over-year) despite strong buyer demand. Home values increased 5.1% year-over-year, a direct result …
Hard to believe its fall already. With the new season comes thoughts of the upcoming holidays, family get-togethers, and planning for a new year. If you are considering buying a home, here are 4 reasons to act now instead of …
Some industry pundits are predicting a possible housing market slowdown. They point to the falling numbers of the Housing Affordability Index, as reported by the National Association of Realtors (NAR). NAR defines the index: “The Housing Affordability Index measures whether …
Many people are talking about where home values are headed. I think it’s also interesting to look back to compare values prior to the housing crisis. Every quarter, Freddie Mac releases their House Price Index. The index typically provides monthly …
As temperatures get hotter, buyers are ready to purchase their dream home. Here are 5 reasons why summer is a great time to list your house: 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of …
Past, Present & Future Home Values In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months. Here are state …
A recent post on “The Home Story”, a site published by Fannie Mae, explained the difference between the price a seller may get for their home and the value an appraiser may assign the property. The Sales Price Naturally, most …
