Monday, December 19th, 2016

For Week Ending December 10, 2016 Housing starts have fallen from last month’s nine-year high, but the onset of the winter season has to be a strong consideration for the reason behind the month- over-month slowdown. The fact remains that … Continue reading

Posted in Weekly Report |
Monday, December 12th, 2016

For Week Ending December 3, 2016 This has proven to be a steady year for buying and selling activity in the residential real estate market. Although inventory declined and prices increased throughout the year, it has been a rather strong … Continue reading

Posted in Weekly Report |
Monday, December 5th, 2016

For Week Ending November 26, 2016 National home prices reached a record high, increasing 0.1 percent from the pre-recession peak in 2006. This height – driven by low inventory, solid demand and responsible lending practices – is much different from … Continue reading

Posted in Weekly Report |
Monday, November 28th, 2016

For Week Ending November 19, 2016 With the holiday season in full swing, existing home sales rose for the second straight month to the highest they have been since 2007. This was unexpected, since prices are also at record highs … Continue reading

Posted in Weekly Report |
Monday, November 21st, 2016

For Week Ending November 12, 2016 The sudden elevation in mortgage rates after the election may throw a wrench into the market for both buyers and sellers. Affordability and inventory are already low, and rate spikes coupled with rising prices … Continue reading

Posted in Weekly Report |

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