Despite a strong U.S. economy, historically low unemployment and steady wage
growth, home sales began to slow across the nation late last year. Blame was given
to a combination of high prices and a steady stream of interest rate hikes by the
Federal Reserve. This month, the …
Home prices were consistently up again in most markets in 2018 but at reduced
levels compared to recent years. High demand for few homes for sale fueled price
increases, but evidence is mounting that inventory will finally improve in 2019. This
may apply some downward pressure on …
The booming U.S. economy continues to prop up home sales and new listings in
much of the nation, although housing affordability remains a concern. Historically,
housing is still relatively affordable. Although Freddie Mac recently reported that the
30-year fixed rate is at its highest average in seven …
If the last few months are an indication of the temperature of housing markets
across the country, a period of relative calm can be expected during the last three
months of the year. A trend of market balance is emerging as we approach the end
of 2018. …
Some economy observers are pointing to 2018 as the final period in a long string of
sentences touting several happy years of buyer demand and sales excitement for
the housing industry. Although residential real estate should continue along a mostly
positive line for the rest of the …
Rising home prices, higher interest rates, and increased building material costs have
pressured housing affordability to a ten-year low, according to the National
Association of Home Builders. Keen market observers have been watching this
situation take shape for quite some time. Nationally, median household income has
risen …
Housing price bubble chatter has increased this summer, as market observers
attempt to predict the next residential real estate shift. It is too early to predict a
change from higher prices and lower inventory, but the common markers that
caused the last housing cooldown are present. Wages …
Housing markets across the nation are most assuredly active this summer, and
buyer competition is manifesting itself into several quick sales above asking price.
While the strength of the U.S. economy has helped purchase offers pile up, the Fed
recently increased the federal funds rate by 0.25 …
Just like last year at this time, prospective home buyers should expect a competitive
housing market for the next several months. With payrolls trending upward and
unemployment trending downward month after month in an extensive string of
positive economic news, demand remains quite strong. Given the fact …
Many sellers and builders are in a good position for financial gains, as the economy
continues to favor putting existing homes on the market and building new homes for
sale. We are finally beginning to see some upward movement in new listings after at
least two years …
