For Week Ending June 29, 2024 Nationally, the median down payment was $26,400, or 13.6% of the purchase price, in the first quarter of 2024, according to a recent study from Realtor.com, a slight decrease from the previous quarter, when … Continue reading
Weekly Market Report
Mortgage Rates Increase
July 3, 2024 Mortgage rates increased this week, coming in just under seven percent. Both new home and pending home sales are down, causing active listings to rise. We are still expecting rates to moderately decrease in the second half … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending June 22, 2024 The number of homes for sale continues to increase nationwide, with Realtor.com reporting there were 35.2% more homes for sale on a typical day in May compared to the same time last year, marking … Continue reading
The 30-Year Fixed-Rate Mortgage Continues its Downward Trend
June 27, 2024 The 30-year fixed-rate mortgage continues to trend down, hitting the lowest level in almost three months. By historical standards, the economy is in good shape, and we expect rates to continue to come down over the summer … Continue reading
May Monthly Skinny Video
New Listings and Pending Sales
Inventory
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