For Week Ending March 18, 2017 The number of existing home sales was down last month, indicating that there is still a large divide between supply and demand. However, we need to keep in mind that the value of the … Continue reading →

For Week Ending March 11, 2017 In the last three months, the Federal Reserve has now twice increased its benchmark interest rate a quarter point. The good news is that this was an expected move due to strong confidence in … Continue reading →

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 →

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 →

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 →