Mortgage Apps Fall

by | Aug 10, 2017 | Uncategorized

Mortgage applications slide 2.8%, even as interest rates stay low. There are 3 metrics that many real estate professionals look to when determining supply and demand of the market center around mortgages. This past week the Mortgage Bankers Association reported that...

Existing Homes Supply Hits 35-Year Low

by | Aug 9, 2017 | Uncategorized

The U.S. Census reported that the supply of existing homes is at the lowest level since 1982. Specific Facts For today’s homebuyer, high prices and low inventory are limiting the number of units sold in most markets. Buyers for the month of June continued to...

Housing Starts Bounce in June

by | Aug 7, 2017 | Uncategorized

Confidence Fueling Housing Starts Housing starts bounced back in June, according the U.S. Government. The figures point to the unrelenting buyer demand to meet housing shortages across the country. The report show that starts rebounded from May’s drop as residential...

Profit Highs for Sellers

by | Aug 4, 2017 | Uncategorized

According to ATTOM Data Solutions, some sellers are scoring more profit than at any other time in the last decade. Of course, the primary reason for this is the unabated climb of housing prices, especially over the last three years. Currently, the average amount of...