by sgomes | May 24, 2023 | Housing
New Home Sales exceed expectations again as existing home inventory continues to lag. By Arnie Aurellano While residential resales remain underwhelming, deals for new residences continue to surge, with sales for new single-family homes rising to a 13-month high in...
by sgomes | May 15, 2023 | Mortgage Rates
By: Jann Swanson, Wed May 10, 2023, 8:24 AM: The volume of mortgage applications increased last week for both home purchases and refinancing. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, increased 6.3 percent on a...
by sgomes | May 10, 2023 | Housing
Wondering if you should continue renting or if you should buy a home this year? If so, consider this: Rental affordability is still a challenge and has been for years. That is because, historically, rents trend up over time. Data from the Census shows rents have been...
by sgomes | May 10, 2023 | Housing
By: Jann Swanson Wed, May 3 2023, 1:32 PM While home prices continue to fall on an annual basis, new data from Black Knight indicates that the trend may not continue beyond the short term. The company’s March Mortgage Monitor shows its seasonally adjusted Home...
by sgomes | May 10, 2023 | Mortgage Rates
By: Matthew Graham Wed, May 3 2023, 4:27 PM The implication of “Fed rate hikes” is a constant source of confusion in the housing market. The general belief is that the Fed controls rates and if they’re hiking, then rates are going higher. ...
