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APRIL 2023 RESIDENTIAL HOUSING MARKET UPDATE

What do home sellers and homebuyers need to know in the current market?
Mortgage rates are currently on a downward trend and economic indicators suggest that trend could continue. The Federal Reserve is meeting on May 3rd and the market is exp...

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What You Need to Know About Pre-Approval

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:
“In a preapproval [s...

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MARCH 2023 – RESIDENTIAL HOUSING MARKET UPDATE

What the heck is happening to the housing market?
We’ve got bank crisis, inflation is increasing, the job market is holding strong, what does this mean for the housing market and for residential real estate? So, we’ve got a lot of things t...

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February 2023 Residential Housing Market Update

The housing market is a roller coaster right now all thanks to mortgage rates!

The Fed's had their meeting on February 1st and the market responded favorably after the Fed's Fund rate increased by only a quarter percent, as expected.

The ...

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RESIDENTIAL HOUSING MARKET UPDATE – JANUARY 2023

Mortgage interest Rates are currently on a downward trend, so what could this mean for 2023?
We saw one of the hottest real estate markets in 2020 and 2021 where sellers had all the power, and in 2022 that power quickly shifted to buyers. Home...

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OCTOBER 2022 – RESIDENTIAL HOUSING MARKET UPDATE

The housing market by definition is in a recession. We have seen pressure on home values month over month, new listings declining beyond seasonal trends, job losses across the mortgage industry, and the volume of transactions shrinking.

What...

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Signs that Now is the Time to Sell Your Home

There are many reasons why it may be time to sell your home. You may need more space to make room for a growing family or you need to downsize after your kids leave the nest. Whatever your motivations, you want to make sure that you’re timing...

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