Home sellers often feel like there may only be a small window of opportunity to sell their home. Winter is typically regarded as a “waiting period,” until buyers start being active again. But winter may be a great time to sell and move. Your House Will Probably Have Less Competition More and more sellers are realizing that winter can be a favorable time to put a house on the market. Still, when you decide to sell during the winter months, you’ll have much less competition due … [Read more...]
What’s Ahead For Mortgage Rates This Week – October 18, 2021
Last week’s economic reporting included readings on inflation, core inflation, and minutes of the Fed’s Federal Open Market Committee meeting held on September 22 and 23. Weekly readings on mortgage rates and jobless claims were also published. September’s Consumer Price Index rose by 0.10 percent to 0.40 percent. The Core Consumer Price Index for September, which excludes volatile food and fuel sectors, rose by 0.10 percent to 0.20 percent and fell short of the expected … [Read more...]
What’s Ahead For Mortgage Rates This Week – July 26, 2021
Last week’s economic reporting included readings from the National Association of Home Builders Housing Market Index, data on sales of new and previously-owned homes, and weekly reports on mortgage rates and jobless claims. NAHB: Affordability, Shortages of Labor and Materials Impacting U.S. Housing Markets Housing market conditions are changing according to July’s Housing Market Index produced by the National Association of Home Builders. Although the HMI reading declined by one … [Read more...]
Case Shiller: Home Prices Rise at Fastest Pace Since 2005
March readings for S&P CoreLogic Case-Shiller Home Price Indices rose to their highest level since 2005 in March. National home prices rose by 13.20 percent year-over-year as compared to February’s reading of 12.00 percent growth. The Case-Shiller 20-City Home Price Index reported average year-over-year home price gains of 13.30 percent in March. Phoenix, Arizona continued to lead the 20-City Index with a year-over-year home price growth of 20 percent. San Diego, California followed … [Read more...]
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