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Is It Better To Rent Than Buy a Home Right Now?

You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home. And while that may be true in some markets if you just look at typical monthly payments, there’s one thing that the numbe...

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MARCH 2024 – RESIDENTIAL MARKET UPDATE

  The Federal Reserve started their two-day meeting yesterday, and by end of day today, we will have a good idea on how mortgage rates will be affected. The greater market is certain they will hold rates and not start decreasing rat...

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FEBRUARY 2024 – RESIDENTIAL MARKET UPDATE

Mortgage Rates are trending downward, but the recent spike has some buyers feeling discouraged. The Fed's have signaled that they will be reducing the Fed's funds rate in 2024 and the bond market rallied, which signifi...

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JANUARY 2024 – RESIDENTIAL MARKET UPDATE

The Fed's say the economy is cooling and the rate of inflation is falling.  What does this mean for mortgage rates and the housing market in 2024? As I write this today (Jan 12th), rates are the lowest they have been in six months, which are ...

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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, historically low housing inventory, and the Feder...

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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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