Monday, November 4th, 2019

For Week Ending October 26, 2019 A new Census report this week announced that new construction home sales nationwide decreased slightly to a seasonally adjusted rate of 701,000 units, which is 15.5% higher than a year ago. Also in the … Continue reading

Posted in Weekly Report |
Monday, October 28th, 2019

For Week Ending October 19, 2019 While the U.S. Commerce Department reported that total housing starts dropped 9.4% month over month in September, that drop was focused on the apartment and condo segment while single-family housing starts actually rose .3%. … Continue reading

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Monday, October 21st, 2019

For Week Ending October 12, 2019 In the last month, mortgage rates have fallen to their lowest monthly average in more than three years, and now Fannie Mae is predicting that continued low rates, and possibly lower rates, are expected … Continue reading

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Monday, October 14th, 2019

For Week Ending October 5, 2019 With the 30-year fixed-rate mortgage approximately one percentage point lower than a year ago according to Freddie Mac, buyers are actively taking advantage. Home refinancing is also going strong and overall mortgage demand, which … Continue reading

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Monday, October 7th, 2019

For Week Ending September 28, 2019 The Commerce Department reported sales of newly built homes nationwide have surged 18% compared to a year ago and housing starts and building permits reached a 12-year high in August. This surge in both … Continue reading

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