Which Homes Have Appreciated the Most?

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
0 Comments
Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year. The CoreLogic report
Read More

A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
0 Comments
The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than this time last year, marking the 20th consecutive month of year-over-year drops. Historically, inventory must reach a 6-month
Read More

Mortgage Interest Rates Went Up Again… Should I Wait to Buy?

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
0 Comments
Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters. This has caused some purchasers to lament the fact they may no longer be able to get
Read More