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According to Freddie Mac’s most recent US Economic and Housing Market Outlook we should expect the following trends next year: A purchase (rather than refinance) driven mortgage market Housing affordability to rise Increasing mortgage rates Housing starts are projected to rise Home values will continue to rise Check out the full article here to read […]

Below is an infographic from the Keeping Current Matters (KCM) blog depicting the national year-over-year change in home sales by price point based on data from the National Association of Realtors (NAR) October Existing Sales Report.  

According to a survey done by the National Association of Realtors, home buyers are still more likely to use a real estate agent even though Internet usage is at an all time high. “While the vast majority of buyers use the Internet during the homebuying process, the Internet does not replace the real estate agent […]

now may be the time, even though we are entering the slower real estate season.  While that is true, it might not be best to wait until spring for the following reasons: Buyers – waiting probably means an increase for the two main factors that determine the cost of buying a home: price and interest […]