Some Highlights:
- Existing Home Sales reached their third highest mark this year in May.
- Inventory of homes for sale has dropped 8.4% since last yea...
As the temperatures cool and the scents of pumpkin pie and apple cider linger in the air, serious homebuyers are looking for their next home sweet home.
June
30Existing Home Sales Surge into Summer
Some Highlights:
- Existing Home Sales reached their third highest mark this year in May.
- Inventory of homes for sale has dropped 8.4% since last yea...
June
9The Impact Your Interest Rate Makes
Some Highlights:
- Interest rates have come a long way in the last 30 years.
- The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.
- Interest rates are at their lowest in years… RIGHT NOW!
- If...
May
5Do You Know the Cost of Waiting?
Some Highlights:
- The "Cost of Waiting to Buy" is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
- Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted t...
May
1Is the Current Pace of Home Sales Maintainable?
There are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market.
Why the concern?
Some are looking at the last...