Sales of New Homes Expected to Reach 13 Year High in 2020
30 Second Market Update
November 18, 2019
According to the National Association of Realtors (NAR), new home sales are expected to rise 11% to 750,000 in 2020. This would be the highest reading since 2007. In addition, […]
Home Prices Continue to Thrive
Advisors Family
November 11, 2019
CoreLogic’s Home Price Index (HPI) continue to show that owner-occupied homes across the nation are increasing in value. In September, values increased 0.4%, which is an increase of 3.5% since […]
30 second update: Fed Cuts Interest Rates: How It Affects You!
Advisors Family
November 04, 2019
On October 30th, the Federal Open Market Committee lowered its benchmark funds rate by 25 basis points to a range of 1.5% – 1.75%, which is down from 1.75% – […]
Consumer Demand Helps Create Equity
Advisors Family
October 28, 2019
According to the Federal Housing Finance Agency (FHFA), single family homes purchased with conforming mortgages across the nation increased in price by 0.2% for the month of August. They increased […]
30-Second Update: Homebuilder Confidence Surges to Highest Level in Two Years
Advisors Family
October 21, 2019
According to the National Association of Home Builders (NAHB) Housing Market Index, builder confidence on single family properties surged three points in October to 71. This jump marks the highest […]
Housing News Continues to Show Health
Advisors Family
October 14, 2019
The Case-Shiller Home Price Index, which is for the month of July, showed that homes across the nation appreciated over the last twelve months by 3.2%. This index also pulls […]
30-Second Update: Freddie Mac Forecasts Strong Fall Housing Market
Advisors Family
October 07, 2019
Due to strong August and September housing numbers, Freddie Mac has forecasted that the housing market will maintain its strength well in into fall and early 2020. Lower mortgage rates […]
Strong and Healthy Housing Market
Advisors Family
September 30, 2019
The New Home Sales report was just released showing that newly constructed homes with committed buyers increased by 47,000 units to 713,000 for the month of August. The demand for […]
30-Second Update: Home Sales Rise to 17-Month High!
Advisors Family
September 23, 2019
According the National Association of Realtors (NAR), U.S. home sales rose to a 17-month high in the month of August, up 1.3% from the previous month. In addition, total existing […]
30 Second Update: Week of September 16th, 2019
Advisors Family
September 16, 2019
According to the National Association of Home Builders (NAHB), from April to June, 55% of home shoppers who were actively seeking to purchase a home were unsuccessful in finding one, […]
Healthy Market Conditions Continue
Advisors Family
September 03, 2019
Mortgage application data just came in from the Mortgage Bankers Association, and refinances dropped slightly for the week by 8%, but are still up almost 170% for the year. Home […]
30 Second Update: Mortgage Rates Hit 3-Year Lows/Demand for Housing Increasing
Advisors Family
August 12, 2019
According to Mortgage News Daily, for the week ending August 2nd, rates on 30-year fixed mortgages have reached 3-year lows. Current rates are the lowest since November 2016. Freddie Mac […]
