Monday, April 10th, 2017

For Week Ending April 1, 2017 Confidence in buying a home has fallen according to the Fannie Mae Home Purchase Sentiment Index after hitting an all-time index high in February. Continuing price increases and low inventory are easy answers for … Continue reading

Posted in Weekly Report |
Monday, April 3rd, 2017

For Week Ending March 25, 2017 During the first quarter of 2017, housing affordability has clearly become an issue for some buyers, as prices continue to rise amidst strong demand. Even so, pending sales figures have generally remained positive across … Continue reading

Posted in Weekly Report |
Monday, March 27th, 2017

For Week Ending March 18, 2017 The number of existing home sales was down last month, indicating that there is still a large divide between supply and demand. However, we need to keep in mind that the value of the … Continue reading

Posted in Weekly Report |
Monday, March 20th, 2017

For Week Ending March 11, 2017 In the last three months, the Federal Reserve has now twice increased its benchmark interest rate a quarter point. The good news is that this was an expected move due to strong confidence in … Continue reading

Posted in Weekly Report |
Monday, March 13th, 2017

For Week Ending March 4, 2017 Tight inventory, lower affordability and higher mortgage rates continue to dominate residential real estate news, but a declining unemployment rate offers a bright spot. Employment in the construction industry had some of the largest … Continue reading

Posted in Weekly Report |

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