Monday, October 28th, 2013

Nationally, we are starting to see some of the impact of the government shutdown on the housing market. Applications for government mortgage products dropped to the lowest level since 2007, according to a release from the Mortgage Banker’s Assoc…

Posted in Weekly Report |
Monday, October 21st, 2013

As tricks and treats are planned, housing starts its preparation for a holiday season hibernation. Though activity hasn’t come to a complete halt – there are still year-over-year gains being posted for listings and prices – the liveliness of…

Posted in Weekly Report |
Monday, October 14th, 2013

Home price gains and housing demand are still a year-over-year improvement, but activity is beginning to moderate as the seasons change. With the possibility of further rate and price increases, some buyers are still motivated, but urgency tends to wa…

Posted in Weekly Report |
Monday, October 7th, 2013

Home prices are still rising and rates have increased incrementally. As the cement of market balance hardens, it has become more dependent on move-up and first- time home buyers. Even with tightened lending regulations, seller activity has broadened. …

Posted in Weekly Report |
Monday, September 30th, 2013

Higher interest rates, rising prices and a budget standoff in Washington haven’t shaken consumer sentiment regarding housing. Buyers continue to riffle through existing inventory for options, keeping an eye out for new listings. A sense of normalcy …

Posted in Weekly Report |

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