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Housing Market Updates

Is the Recent Dip in Interest Rates Here to Stay?

Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey. After the first week of 2019, rates have continued their downward […]

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Belief in Homeownership as an Investment is Far from Dead

Belief in Homeownership as an Investment is Far from Dead | Simplifying The MarketFollowing last year’s real estate market was like riding a rollercoaster. The market started off strong in 2018 and then softened before finishing with a mild flurry. However, one thing that did not waiver was America’s belief that owning a home makes sense from a financial standpoint. An end-of-the-year survey by the Federal Reserve Bank’s Center […]

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24 Hours that Suddenly Improved the Market

24 Hours that Suddenly Improved the Market | Simplifying The MarketThis year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales have now decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. […]

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Buyers Are Looking for Your Home, Now [INFOGRAPHIC]

Some Highlights:

Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months.
The inventory of existing homes for sale remains below the 6-months needed for a normal market and is…

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