Why Did Interest Rates Move Up Last Week?
30 Second Market Update
February 22, 2021
You may have seen interest rates tick up last week? This happened for a few reasons, but the main one has to do with inflation. What is inflation? Inflation occurs […]
Bidding Wars Continue at an All-Time High
30 Second Market Update
February 15, 2021
As Presidents Day Weekend marks the unofficial start of the spring housing season, home buyers continue to find themselves in situations where they routinely get out-bid on their home purchase […]
Mortgage Application Data Breakdown
30 Second Market Update
February 08, 2021
The Mortgage Bankers Association (MBA) released their national mortgage application data for the week of January 17th, and the report showed that overall mortgage volume increased by 8.1%. When digging […]
Home Sales Expected to Surge to Record Numbers in 2021
30 Second Market Update
February 01, 2021
Zillow is now forecasting a 21.9% growth in sales, for a total of 6.82 million homes sold in 2021. This would mark the biggest annual sales growth since 1983. Jeff […]
New Construction Comes in Hot
30 Second Market Update
January 25, 2021
The US Census released residential construction data last week, and it showed that housing starts or the breaking of ground for new construction was up 5.8% in the month of […]
Refinance Demand Stays Strong
30 Second Market Update
January 18, 2021
Mortgage rates in 2020 experienced record low after record low throughout the year. The early weeks of 2021, however, have seen rates begin to tick up a bit. This slight […]
Housing Demand Continues to Drive Pricing
30 Second Market Update
January 11, 2021
CoreLogic released their Home Price Index last week, and it showed that home prices across the nation increased in price by 1.1% in the month of November. Over the last […]
Mortgage Applications Continue to Rise
Advisors Family
June 08, 2020
According to the Mortgage Bankers Association (MBA), mortgage applications to purchase a home increased 9% from the last week, which represents a staggering 54% increase since early April. This increase […]
Housing Market Update
Advisors Family
June 01, 2020
New Home Sales were up 0.6% for the month of April. This report measures signed contracts on new homes. Year-over-year, sales were down 6.2%. The median home price was released […]
Housing Demand Heating Up
Advisors Family
May 25, 2020
Obviously, COVID-19 has had an impact on the housing market and has created new challenges for potential home buyers to effectively locate and purchase their dream home. It appears, however, […]
Demand for Homes
Advisors Family
May 18, 2020
CoreLogic released their Home Price Index (HPI) showing that homes increased in price by 4.5% from March of 2019 to March of 2020. It also showed that prices increased by […]
Covid and It’s Impact on The Industry
30 Second Market Update
May 11, 2020
COVID-19 has obviously had a major impact on businesses and industries all over the world. This impact will also shape how these very same businesses and industries evolve and adapt […]
