What’s Happening with Home Prices?
16 November 2021 ~ Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions.
Will Forbearance Plans Lead to a Wave of Foreclosures?
13 January 2021 ~ At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments.
Historically Low Mortgage Rates Continue to Offer Opportunities
23 December 2020 ~ Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times.
Are Home Prices Headed Toward A Bubble?
9 December 2020 ~ Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages.
With Home Prices Still Surging, Is Buying Now Still Affordable?
3 December 2020 ~ Although the headwind of severe supply constraints in most markets has contributed to slight moderation in seasonally-adjusted and year-over-year new pending contract growth for two consecutive months
Is Buying a Home Now a Good Financial Move?
25 November 2020 ~ Even though homes have appreciated by a whopping 6.7% over the last twelve months, the cost to buy a home has actually dropped. This is largely due to mortgage rates falling by a full percentage point.