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Archive for November 30, 2023

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 rel...

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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...

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