Where We Are Heading After a whirlwind of a year in 2020, the housing market looks like a minefield of complications. Thanks to COVID-19 and its impact on the U.S., the right decisions for a potential home buyer may be completely different from what they were in 2019. Some have to permanently work from home … Continue reading 2021 Housing Market Predictions And Forecasts
Mortgage Rates
Mid-Summer Update
As always, your safety and that of your family is of the utmost importance and is our priority. We're committed to helping you with all the safety and health measures we can apply to your home visits, inspections, showings, purchases and sales. July was our busiest month so far and surpassed May 2019 buyer and … Continue reading Mid-Summer Update
What Effect Do World Events Have on the U.S. Housing Market?
There’s quite a bit going on in the world right now—impeachment hearings, Brexit, tensions with Iran, trade issues with China and, more recently, the coronavirus. If you’re thinking of buying or selling a home this year, you may be wondering what effect, if any, these domestic and global events can have on real estate. Here … Continue reading What Effect Do World Events Have on the U.S. Housing Market?
Mid-Year Update: Where Are We Now?
More than halfway through 2019, for those of you who are thinking of buying or selling a home this year, you might be wondering how the real estate market has shaped up so far this year.
Demand is Rising for Properties Like Yours!
Dear Friends, The real estate market is very attractive for homeowners right now. Housing inventory is down, prices are rising and, while mortgage rates remain low, they will likely grind higher through 2018. As you know, real estate is very similar to the stock market in that you’d like to “buy low and sell high”. … Continue reading Demand is Rising for Properties Like Yours!
4 Reasons to Buy a Home This Winter!
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the … Continue reading 4 Reasons to Buy a Home This Winter!
Brexit Vote Drives Down Mortgage Rate
Brexit and the US Mortgage Market Mortgage rates have fallen to new lows as global investors turned to the 10-year Treasury note as a more stable investment. Affordability, in turn, has increased, with lower mortgage rates making it easier for move-up and first-timers to get into a new home. Similarly, international buyers, who might have … Continue reading Brexit Vote Drives Down Mortgage Rate
Current Trends — Different from Last Year
Current Trends -- Different from Last Year Where we are now: Prices are Leveling Off Inventory is Increasing Interest Rates have Decreased Slightly Activity is Returning to Seasonal Cycles List prices for homes in 2/3 of the largest metropolitan areas are cooling. In fact, they are falling, not just rising more slowly, in 11 of … Continue reading Current Trends — Different from Last Year
More Reasons to Sell Found in Understanding the Current Market
More Reasons to Sell Found in Understanding the Current Market These infographics illustrate the current US housing market trends: Long-Term Return on Investment continues to outpace the stock market: Mortgage Rates continue to reach historic lows, now at or below 3.75% The July 2012 S&P Case-Shiller chart below shows the 10- and 20-city indices. … Continue reading More Reasons to Sell Found in Understanding the Current Market
