Presidents Day

Presidents’ Day is a federal holiday celebrated on the third Monday in February; Presidents’ Day 2022 will occur on Monday, February 21. Originally established in 1885 in recognition of President George Washington, the holiday became popularly known as...

What Kind of Market to Expect in 2022 Part 1

Just two months ago the experts were predicting the residential real estate market would appreciate in 2022 by 4%. There was even some consideration that the market might retreat to a deficit. But that’s all history now. As we are now deeply into 2022, the...

Housing Report for January

This week, Manager of Economic Research George Ratiu discusses the latest data highlighting signs of a post-pandemic future. Economic momentum continues, leading to active real estate markets. However, clouds are gathering on the horizon, including inflation, consumer...

Historic Surge In Home Equity

Booming real estate market creating massive well for homeowners. According to a report issued by CoreLogic, in the fourth quarter of 2021 41.9% of all mortgaged residential properties in the United States were designated as equity-rich. The designation indicates that...