DECEMBER 2023 – RESIDENTIAL MARKET UPDATE
Are home loan values expected to drop in 2024? This is a common concern in the real estate market, which is always evolving. Despite uncertainties for buyers and sellers, with low loan defaults, histo...
Posts Tagged ‘Newsletter’
November 2023 – Residential Housing Market Update
The US economy is showing signs of softening, aligning with Federal Reserve's expectations over the past months. Consequently, the housing industry, which has been grappling with a recession since mid-2022, is experiencing significant relief.
...
Helping Our Heros Achieve Their Homeownership Dreams
For more than 79 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes. If you or someone you care about has served in the military, it's essential to learn about this program and its advantages.
Th...
OCTOBER 2023 – RESIDENTIAL HOUSING MARKET UPDATE
Mortgage rates continue to rise, and inventory continues to decrease. The Federal Reserve will be meeting again on November 1st and the uncertainty on whether they will raise rates or not is causing mortgage rates to trend higher. Mixed messagi...
SEPTEMBER 2023 – RESIDENTIAL HOUSING MARKET UPDATE
I couch U8 girls soccer and one of the things I say to keep them focused is, "If the ball is moving, you're moving." The game strategy is always changing based on the location of the soccer ball, and in many ways, the housing market is the same...
August 2023 Residential Housing Market Update
The bond market rallies as job reports come in lower than expected. When the bond market rallies so do mortgage rates, which are coming off a 20-year high. In a market that is always moving we welcome positive news.
If you're looking to buy ...
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...
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...
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 ...
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...