real estate market update Category

Spring Real Estate Update

The first quarter of 2014 is over and we seemed to have weathered the storm of higher interest rates. As you may recall, rates spiked last summer, and slowed the skyrocketing real estate market. Average rates went from 3.5% on a home purchase to as h...

A Second Chance for Home Buyers

Good news to buyers out there – we are calling Q4 of this year “A Second Chance.” For all of the buyers who missed out during the beginning of 2013, the market has slowed slightly, interest rates have retreated, and inventory contin...

This Fall in Real Estate

After a year-long run of super low interest rates, we finally saw a permanent spike up in the last few months. Rates in the low and middle 3s have now risen to the high 3s and low 4s – and even mid 4s for investment property loans. And, in cont...

Market Update: The Top 3 Trends We’re Seeing

July was the first full month since we had our interest rate shift and it generated some very interesting conclusions: Buyers Inventory still flew off the shelves in July, and anecdotally, prices still climbed, although at slower rate than over the f...

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