Monday, March 13th, 2017

For Week Ending March 4, 2017 Tight inventory, lower affordability and higher mortgage rates continue to dominate residential real estate news, but a declining unemployment rate offers a bright spot. Employment in the construction industry had some of the largest … Continue reading

Posted in Weekly Report |
Monday, March 6th, 2017

For Week Ending February 25, 2017 As mortgage rates rise, median sales prices increase and stiff competition for low inventory continues, buyers are beginning to face some limitations with their housing options, especially for first-time buyers. That being said, for … Continue reading

Posted in Weekly Report |
Monday, February 27th, 2017

For Week Ending February 18, 2017 In much of the country, both new and existing home sales increased in January. At the same time, prices continue to rise in year-over-year comparisons, and the number of homes available for sale remains … Continue reading

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Monday, February 20th, 2017

For Week Ending February 11, 2017 The total supply of homes for sale at this early juncture of 2017 coupled with the relative low affordability of those homes have made the market interesting to watch. The combination of broad personal … Continue reading

Posted in Weekly Report |
Monday, February 13th, 2017

For Week Ending February 4, 2017 According to a recent Gallup poll, it is the first time in more than 15 years that a majority of Americans are optimistic about finding a quality job. This is great news for the … Continue reading

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