Housing Market Ended Summer With a Bang

Looking at the calendar (and the weather, depending on where you live), summer may seem like an increasingly distant memory, but for housing market data, things are just heating up.

Whether we’re talking about the housing market or almost any other aspect of the economy, the biggest economic reports tend to be released long after the days when the […]

By |September 27th, 2019|Blog, Home Buying, Home Selling, Mortgage Rates|0 Comments

Is There Really Trouble in The Housing Market?

Negative housing-related headlines are on the rise. Here are a few recent examples:

Foreign purchases of American homes plunge 36% as Chinese buyers flee the market

Another bad sign for the housing market

Housing is providing another in a line of troubling signs

Declining Mortgage Rates Aren’t Helping Home Builders

China’s Economy, Trade Talks and Trouble in the Housing Market

Housing’s […]

By |July 26th, 2019|Blog, Home Buying, Home Selling, Mortgage Rates|0 Comments

Big Bounce in Home Sales And What it Could Mean For Prices

It was an action-packed week for financial markets. Earnings were in full swing. There was a ton of economic data to digest. And of course, there was the Fed announcement and press conference to cause volatility from Wednesday afternoon on. But one of the most interesting developments was the big bounce in Pending Home Sales on […]

By |May 3rd, 2019|Blog, Home Buying, Home Selling|0 Comments

Rates Dropping Fast as Home Sales Bounce Back

The future is always uncertain when it comes to financial markets and interest rate movement, but there are times where a certain series of events seems more likely.  For most of 2019, mid-March looked to be one of those times.

The year began with a sharp move lower in rates–sharp enough that it wasn’t sustainable.  Rates rushed to […]

By |March 23rd, 2019|Blog, Home Buying, Home Selling, Mortgage Rates|0 Comments

Home Sales Bouncing Back, But So Are Rates

Two weeks ago, the newsletter discussed why 2019 could actually be great for the housing market, despite downbeat reports and the likelihood of one more month of weakness for Existing Home Sales. That weakness showed up last week, but with it came a comment from the chief economist for the National Association of Realtors saying home sales were […]

By |March 1st, 2019|Blog, Home Selling|0 Comments

Why 2019 Could Actually be Great For Housing and Mortgage Markets

By some measures, housing and mortgage markets took a turn for the worse in 2018. Some of the weakness can be thought of in a positive light (i.e. housing “catching its breath” after a strong run). But the rest of the weakness raised questions as to how deep the housing and mortgage market corrections might […]

By |February 15th, 2019|Blog, Home Buying, Home Selling|0 Comments

Why We’re Seeing Huge Moves in Home Sales, Prices, and Rates

Brace yourself. There’s a lot to unpack this week. When it comes to factors affecting home sales, rates, and markets in general, we’ve rarely seen such a combination of complexity, uncertainty, and unpredictability.

Home Sales Shocker

After being delayed for several weeks due to the shutdown, we finally got New Home Sales numbers for November.  This isn’t the […]

By |February 1st, 2019|Blog, Home Buying, Home Selling, Mortgage Rates|0 Comments

Housing Showing Some Signs of Stabilizing

It wouldn’t be 2018 in the housing market if there wasn’t at least one report painting a gloomier picture.  The National Association of Homebuilders Housing Market Index (or “builder confidence” for short) did those honors this week.

Up until now, builder confidence had been holding up better than other housing metrics in 2018.  That changed abruptly this week […]

By |November 23rd, 2018|Blog, Home Buying, Home Selling, Mortgage Rates|0 Comments

Who Gets The Blame For Higher Rates?

Are you mad? Whether you’re a housing/mortgage professional or simply a person who might like to buy/sell/refinance a house at some point in the near future, you have a right to be frustrated.

Housing is definitely in the midst of a cooling phase.  There are many reasons for this, and they’re not all bad or abnormal.  It’s hard to […]

By |November 9th, 2018|Blog, Home Buying, Home Selling, Mortgage Rates|0 Comments

Scary Low Housing Numbers? Not Exactly

There’s no question that some housing markets around the country are showing signs of cooling. Price reductions are starting to show up again after an extended absence, the average home is staying on the market a bit longer, and inventory is finally coming up from the lowest levels in decades.

To top it all off, this […]