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One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, let’s take a look at t...
ARE WE SEEING A PIVOT IN THE ECONOMY?
After 10 consecutive rate hikes, the Federal Reserve did not raise interest rates at the June 14th meeting. Right now, the Federal Reserve rate is currently at 5.25%, and the Prime Rate Index, which is...
Is the housing market hot or cold?
With buyer demand growing due to lack of inventory, and mortgage rates still moving up and down... what can we possibly expect moving forward. With most homeowners sitting at 2% and 3% mortgage rates, sel...
Why aren't home prices crashing? There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, h...
This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time...
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost th...
How Remote Work Can Power Your Vacation Home Sale
This year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National ...
