Mortgage Rates in Holding Pattern
It’s been some time since I posted a blog, I’ve been asked so many questions about the market, it’s time I share my data and thoughts. Mortgage rates for the seventh week in a row were 2.9% or lower.Nadia Evangelou, a senior economist and director of forecasting for the National Association of REALTORS, suggests that […]
Builder confidence falls!
Builder confidence fell by 5 points to 75 in August, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released on Tuesday August 17th. I have been asked why I haven’t posted recently. With Covid, the Multiple offer market, lots of properties accepting offers before it goes on the market, […]
Is Foreclosure Activity on Steep Incline?
National Association of Realtors came out with this news clip Monday the 19th, and I added my two cents in! It’s extremely important that the public understand the differences in today’s housing market and mortgage climate and the 2008 Housing and mortgage crash. It’s also important not to read into this too deeply. Some housing […]
Real Estate, Stress? Uncertainty? Hectic? Insanity!
Real estate is a hard business — I have had many followers ask why haven’t I posted any content lately. This is more difficult than newbies understand, and certainly harder than most of our friends, family and clients understand. The image we portray on social media is often one of success. We post ourselves at […]
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