by Anthony | Mar 24, 2022 | Uncategorized
As mortgage rates hit an average of 4.6% on a fixed 30-year mortgage, experts are concerned that the rise in rates will impact overall sales of properties. Still, demand for homes remains historically very strong as January home sale prices increased by 19%...
by Anthony | Mar 23, 2022 | Uncategorized
Total existing-home sales fell 7.2% in February 2022 from January 2022. The year-over-year sales also fell by 2.4%, registering 6.17 million homes sold year-over-year. Affordability continues to be a growing concern for new home buyers, in addition to the price wars...
by Anthony | Mar 22, 2022 | Uncategorized
Weaker Builder Sentiment Could Hold This Market Back One of the things that we have learned over the last couple years is that we can’t really predict what will happen in a crisis, or even a disruption. As existing home sales thin because of the shortage of...
by Anthony | Mar 21, 2022 | Uncategorized
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by Anthony | Mar 18, 2022 | Uncategorized
The inventory crisis that has plagued the real estate market for the last two years is now bumping heads with the supply chain issues that are curtailing builders’ abilities to meet demands for new homes. On top of it all, inflation has hit the economy like a tractor...
