Our monthly real estate market report includes information about housing prices, inventory, mortgage rates, home sales and market predictions. We summarize news headlines and share important market updates. VIEW THE REPORT Here are some quotes from this month’s report: After the end-of-summer lull, and as mortgage rates stabilize, we may see a return of buyers … Read more
Our monthly real estate market report includes information about housing prices, inventory, mortgage rates, home sales and market predictions. We summarize news headlines and share important market updates. VIEW THE REPORT Here are some quotes from this month’s report: Over the past five recessions, mortgage rates have fallen an average of 1.8 percentage points from … Read more
Many factors go into purchasing a home. Potential homeowners must identify the features they want in their homes and the locations most desirable to them. Considerations such as commuting time, nearby shopping centers, and local schools also play a role when seeking the right home. In the current seller’s market, where homes are selling relatively … Read more
Due to reduced housing inventory, individuals seeking to buy a home often compete with numerous other potential buyers. However, rising inflation and interest rates have put a damper on the excitement, and people all over the country are wondering what to expect of the real estate housing market for the remainder of the year. Read this article to learn our top five predictions about home prices, interest rates and rumors the housing market might crash.
There are many more ways to structure a home loan than people realize. Borrowers tend to focus exclusively on interest rates and miss out on other opportunities to save money and build wealth. Let’s talk about how choosing the right loan product, terms, and lender can significantly increase buying power. After enjoying a long period … Read more
Buyer competition in the real estate and mortgage market has eased slightly, but inventory remains low and home prices are still appreciation. The median home price is up +16.8% YoY and mortgage payments are up 39.4% YoY. Here’s the May 2002 Real Estate Market Snapshot with more information. This article is intended to be accurate, … Read more
Your 6-Month Mortgage Rate Forecast Both mortgage interest rates and home prices are projected to rise throughout 2019. If you plan on buying a home this year, the time is now! Let’s get together to discuss your plans today! ABOUT ERIC MATZ: As a professional Realtor, Eric’s commitment is to always represent the client’s best … Read more
2 Trends Helping Keep Housing Affordable Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in decades! These two factors have helped keep housing … Read more
INTEREST RATES HIT NEW 12 MONTH LOW! According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from … Read more
2019 WILL BE A GREAT YEAR FOR BUYERS AND SELLERS! Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there … Read more