Monday, November 23rd, 2020

For Week Ending November 7, 2020 Realtor.com reported this week that, nationally, the inventory of homes for sale in October declined 38.3% from October 2019, continuing the long-term trend of limited housing availability. Continued buyer interest along with a limited … Continue reading

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Thursday, November 12th, 2020

For Week Ending October 31, 2020 The U.S. Bureau of Economic Analysis released its estimate for the country’s Q3 2020 GDP, showing the U.S. gross domestic product grew at an annualized rate of 33.1% in the third quarter, reversing much … Continue reading

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Monday, November 2nd, 2020

For Week Ending October 24, 2020 Freddie Mac reported that the 30-year fixed-rate mortgage hit a new all-time low this week, dropping to an average of 2.8% with .6 points. Record-low rates, coupled with continued strong buyer demand seen in … Continue reading

Posted in Weekly Report |
Monday, November 2nd, 2020

For Week Ending October 24, 2020 Freddie Mac reported that the 30-year fixed-rate mortgage hit a new all-time low this week, dropping to an average of 2.8% with .6 points. Record-low rates, coupled with continued strong buyer demand seen in … Continue reading

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Monday, October 26th, 2020

For Week Ending October 17, 2020 Home prices have surged higher in recent months across much of the country. The National Association of REALTORS® reported that their preliminary figures for August show the median sales price of existing single-family homes … Continue reading

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