The Takeaways: Strong Buyer demand continues to outpace the supply of homes for sale! It is not uncommon for certain price level homes that are in good condition and are appropriately priced to receive multiple offers from Buyers that are competing with one another for that home. Housing inventory is ...
Continue ReadingThe Takeaway: Major financial and property analyst, CoreLogic predicts home values will appreciate by 5.0% over the next 12 months. Mortgage giant, Freddie Mac predicts interest rates to increase to 4.4% by next year. The Cost of Waiting to Buy is defined as the additional funds it would take to ...
Continue ReadingThe Takeaway: The most recently released Quarterly Home Price Index report by the Federal Housing Finance Agency (FHFA) indicates that homes prices have risen an average of 6.64% nationally, Year- over-Year. The results were compared both on a regional and state level. West Virginia & Alaska were the ...
Continue ReadingThe Takeaway: For what is now the 62nd month straight, there was an increase in the median Existing Home prices. We are currently at a median $244,800. This denotes an increase of 6.0% over last year. Existing and New Home sales decelerated, after a brief surge in March, partly ...
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