November 7, 2024 Mortgage rates continued to inch up this week, reaching 6.79 percent. It is clear purchase demand is very sensitive to mortgage rates in the current market environment. As soon as rates began to rise in early October, … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending October 26, 2024 Millennials—people ages 28 to 43—make up the largest share of homebuyers nationwide, according to the National Association of REALTORS® 2024 Home Buyers and Sellers Generational Trends Report. Millennials comprised 38% of buyers in transactions … Continue reading
Mortgage Rates Increase for the Fifth Consecutive Week
October 31, 2024 Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning of August. With several potential inflection points happening over the next week, including the jobs report, the 2024 election, and the Federal … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending October 19, 2024 The number of homes for sale continues to grow nationwide, with Realtor.com reporting there were 34% more homes actively for sale in September compared to the same time last year. This marks the 11th … Continue reading
September Monthly Skinny Video
Mortgage Rates Increase Once Again
October 24, 2024 The continued strength in the economy drove mortgage rates higher once again this week. Over the last few years, there has been a tension between downbeat economic narrative and incoming economic data stronger than that narrative. This … Continue reading
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