Fed Comes Down Hard on Housing

by | Sep 27, 2022 | Uncategorized

The Federal Reserve believes that the present housing market needs a correction. Jay Powell indicated that the level of appreciation is moving at an unsustainable level and was looking through Jed policies to reduce inflation within residential real estate. By raising...

Median List Prices Continue to Rise

by | Sep 26, 2022 | Uncategorized

Unemployment claims for week of 9/17 totaled 213,000 +5,000 Continuing claims 1,379,000 were down by 22,000 Inflation is at a 40-year high Mortgage frates for the 30-year fixed rate came in at 6.29% Rising interest rates have cost the average buyer spend $900 more...

The Best Time to Buy a House

by | Sep 22, 2022 | Uncategorized

When’s The Best Time to Buy a House? Traditionally, according to real estate professionals on a nationwide basis, the week of September 25th to October 1st is the best time to buy a home. Notwithstanding, the pandemic happened and in some ways all bets are off....

Median List Prices Increase Nearly 12 Percent

by | Sep 21, 2022 | Uncategorized

Small Business optimism trends moved higher hitting 91.8 Retail sales trends – August retail sales increased only slightly, but this increase pushes back the chronic trend downward Unemployment trends – Jobless claims also fell by 5,000 to 213,000...