July 2024 Real Estate and Mortgage Report
Presidential election years affect the national housing market and mortgage rates as people prepare for economic and policy changes. Historically, existing home prices have increased in the last 7 of 8 presidential elections. Insights “One thing that seems to be pretty solid is that home prices are going to continue to go up, and the […]
June 2024 Real Estate and Mortgage Report
The overwhelming majority of prospective homebuyers believe that buying a home, now or in the future, is the best decision for them in the long run. While it’s easy to get pre-occupied with interest rates, they shouldn’t be the only part of your home buying decision-making process. Insights “Astonishingly, greater than 90 percent of the […]
May 2024 Real Estate and Mortgage Report
While home prices are growing, home sizes are decreasing. More than a third of builders say they built smaller homes in 2023, and more than a quarter plan to construct even smaller this year, shares the NAHB. Home size is trending lower and will likely continue to do so as housing affordability remains constrained. Insights […]
April 2024 Real Estate and Mortgage Report
The inventory of homes actively for sale increased in 45 out of 50 of the largest metros compared with last year, and in four large metros, inventory was above pre-pandemic levels. With the anticipation of lower mortgage rates by the end of the year, home buyers could have more options and a bit more affordability. […]
March 2024 Real Estate and Mortgage Report
The real estate market continues to exceed expectations. There are more than 1M fewer foreclosures in the last five years, home prices rose in 96 of the top 100 largest metropolitan areas over the last four quarters, and Americans are sitting on tremendous equity. Insights “Policymakers now risk committing another policy error, this time by […]
February 2024 Real Estate and Mortgage Report
There is a narrative we must combat in the real estate market. The latest Fannie Mae report showed 24% of consumers believe their prices are going to depreciate over the last 12 months. We actually had a very strong 2023 and we’re going to finish this year between five and six percent appreciation. Insights […]
January 2024 Real Estate and Mortgage Report
The real estate market remains strong, bolstered by the recent drop of mortgage rates. Home prices are expected to continue their upward trajectory in 2024, with most markets reaching new price highs. Insights It appears that mortgage rates are now falling again. They will almost certainly not fall to pandemic lows, although we may soon […]
December 2023 Real Estate and Mortgage Report
Topics: Introduction: Current State of the Real Estate Market 2024 Home Price and Sales Forecasts Mortgage Rates and Buyer Demand Home Affordability and Market Dynamics Opportunities for Home Buyers in the Current Market Conclusion: Invitation for Personal Consultation VIEW THE REPORT Introduction: Current State of the Real Estate Market As we approach the end of […]
November 2023 Real Estate and Mortgage Report
Topics: Introduction: Navigating the Current Market Home Price Trends: Stability Amidst Uncertainty Mortgage Rate Movements and Affordability The Rise of Multi-Generational Living Inventory and New Listings: A Glimmer of Hope The Future of Homeownership: Millennials and Gen Z Conclusion: Your Path to Homeownership VIEW THE REPORT Introduction: Navigating the Current Market In the November […]
August 2023 Real Estate and Mortgage Report
As the real estate landscape continues to evolve, it’s crucial for potential home buyers like you to have a clear understanding of the current market dynamics. In this month’s report, we delve into the intricate details of the real estate market as of August 2023. Drawing from expert insights and data-driven analysis, we will address […]
July 2023 Real Estate and Mortgage Report
Our monthly real estate market report includes information about housing prices, inventory, mortgage rates, home sales and market predictions. We summarize news headlines and share important market updates. VIEW THE REPORT Here are some quotes from this month’s report: Mortgage rates heavily influence the direction of home sales. Relatively steady rates have led to several […]
June 2023 Real Estate and Mortgage Report
Our monthly real estate market report includes information about housing prices, inventory, mortgage rates, home sales and market predictions. We summarize news headlines and share important market updates. VIEW THE REPORT Here are some quotes from this month’s report: The only times the spread approached or exceeded 300 basis points were during periods of high […]