January 16, 2024 Mortgage rates ticked up for the fifth consecutive week and crossed seven percent for the first time since May of 2024. The underlying strength of the economy is contributing to this increase in rates. Despite rising rates, … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending January 4, 2025 U.S. pending home sales recently hit a 21-month high, rising 2.2% month-over-month, marking the fourth consecutive month in which contract signings increased, according to the National Association of REALTORS®. On a monthly basis, pending … Continue reading
Mortgage Rates Continue to Trend Up
January 9, 2024 In the first full week of the new year, the 30-year fixed-rate mortgage remained elevated at just under 7 percent. The continued strength of the economy has put upward pressure on mortgage rates, and along with high … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending December 28, 2024 The typical homeowner has accumulated $147,000 in housing wealth over the last five years, according to a study by the National Association of REALTORS®. 87% of metropolitan markets (196 out of 226 tracked areas) … Continue reading
Mortgage Rates Reach Highest Point Since July
January 2, 2024 Inching up to just shy of seven percent, mortgage rates reached their highest point in nearly six months. Compared to this time last year, rates are elevated and the market’s affordability headwinds persist. However, buyers appear to … Continue reading
New Listings and Pending Sales
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