The winter real estate market tends to be significantly different from other seasons. Buyers and sellers alike are often driven by different reasons than at other times of the year. That can be a win-win for both motivated buyers and sellers in the right climate. Many homeowners list their property during spring and early summer hoping to maximize their return on investment during the competitive seasons. Families with school-aged children tend to be highly motivated buyers because they prefer … [Read more...]
What’s Ahead For Mortgage Rates This Week – October 29th, 2018
Last week's economic news included readings on sales of new homes and pending home sales. A reading on consumer sentiment was also released along with weekly reports on mortgage rates and new jobless claims. Sales of New Homes Slide to Near 2 – Year Low According to Commerce Department readings on new home sales, the pace of sales slipped close to a two-year low in September; new homes sold at a seasonally-adjusted annual pace of 553,000 sales. September's reading was 5.50 percent lower … [Read more...]
4 Housing Market Trends To Expect In 2019
Just like Fantasy Football players try to predict who will score the most touchdowns, pass for the most yardage and win the Super Bowl, people with an eye on the real estate market also engage in speculation. Like sports fans, expectations are often driven by statistics from the previous season. That being said, these are some of the important housing market trends buyers and sellers can expect in 2019. 1: New Construction To The Rescue (Sort Of) The 2018 housing shortage has been well … [Read more...]
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