We’re in the midst of the longest economic expansion in U.S. history, and economists think there’s still room to grow. A recent survey by the National Association for Business Economics found that experts believe the U.S. economy will remain positive throughout 2020.1 Still, given that recessions are a natural (and necessary) part of a business […]
How’s the National Real Estate Market?
National Real Estate Market Snapshot [September 2019] The U.S. unemployment rate is at a 50-year low, and consumer confidence remains high. In fact, the University of Michigan’s latest Surveys of Consumers found that Americans have their most positive personal finance outlook since 2003.1 However, if you follow national news, you’ve probably heard speculation that we […]
Mortgage Rates Lowest Since 2016
In the past nine weeks, mortgage rates, 30-year fixed rates, in particular, have dropped seven times. This is the lowest average since November of 2016, as reported by Freddie Mac. Sam Khater, Freddie Mac’s chief economist, says; While the industrial and trade-related economic data continues to dominate the news, the drop in mortgage rates over […]
2018 Real Estate Market Report – More Changes!
Well, 2018 was something of a ride in the real estate market! The big thing everyone wants to know first is, of course, how did sale prices do? The short answer is that prices in all our markets were up for the year. The longer answer is, they were not up as much as many […]
What’s Ahead for Real Estate in 2019?
As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?” It’s not only buyers, sellers, and homeowners who are impacted. The real estate market plays an integral role in the overall U.S. economy. Fortunately, key indicators point toward a stable housing market in 2019 with signs of modest […]
What’s Ahead for the Real Estate Market in 2018
“How’s the Market?” you ask? A few weeks ago, we wrote an update on the local real estate market for October. But what about what’s happening to the national real estate market? We got you covered there, so read on. While no one can predict the future with certainty, most experts expect to see modest […]
The 20 Hottest Real Estate Markets in the U.S.
Can you guess which 20 real estate markets were declared the hottest markets in the U.S. in June of 2015? Can you guess how many of those are in California? These hottest markets were identified by Realtor.com in a recently completed market study. Here’s how they conducted the study. The premise is that where demand […]
