For Week Ending September 25, 2021 The Federal Reserve announced this week that while it would keep its benchmark rate near zero, it was preparing to taper stimulus efforts put in place to combat the pandemic, including winding down its … Continue reading
Weekly Market Report
Inventory
Weekly Market Report
For Week Ending September 18, 2021 Despite increases in new listings in recent months, America is facing an epic housing shortage, with realtor.com reporting the U.S. needs an additional 5.24 million homes to meet current population needs, an increase of … Continue reading
Inventory
Weekly Market Report
For Week Ending September 11, 2021 Fall brings good news for those looking to purchase a home, with realtor.com reporting the best time to buy a home is now, according to their Best Time to Buy Report, which analyzed listing … Continue reading
Inventory
Weekly Market Report
For Week Ending September 4, 2021 Mortgage rates remained below 3% for the eighth week in a row, with Freddie Mac reporting the 30-year fixed-rate mortgage averaged 2.87% for the week ending September 2nd. Despite persistent low rates, total mortgage … Continue reading
Inventory
Weekly Market Report
For Week Ending August 28, 2021 Pending sales were down for a second straight month, falling 1.8% in July, according to the National Association of REALTORS®, as stiff competition for homes and high sales prices have discouraged some would-be buyers. … Continue reading