Market Updates

Aug. 23, 2018

Rising Interest Rates Have Not Dampened Demand

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment.

First American recently released the results of …

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Aug. 22, 2018

How Long Do Most Families Live In A House?

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving.

As the graph …

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Aug. 21, 2018

???? Open House Saturday 8/25????

 

 

Join Kathleen Saturday 8.25.2018 from 11:00 - 12:00 pm at this Pristine Cape highlighting 6 ft long windows throughout first flr, central air & a unique open floor plan fantastic for entertaining! Beautiful scenic views await on this 3.59 acre private mountain top retreat! Priced …

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Aug. 21, 2018

The #1 Reason To List Your House For Sale NOW!

If you are debating whether or not to list your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes for Sale

The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun recently commented on …

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Aug. 21, 2018

???? Open House Sunday 8/26/2018 ????

 

Join Danielle Sunday 8.26.2018 from 11:30 - 1:00 pm at this ranch featuring an open floor plan highlighting a spacious eat in kitchen w/ vaulted ceilings, ss appliances, pantry along with mudroom & laundry area. Priced at $149,000 you'll be pleasantly surprised once you tour this home!

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Aug. 20, 2018

Cost Across Time

Cost Across Time [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.
  • Rates are projected to climb to 5.1% by this time next year according to Freddie Mac.
  • The impact your …
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Aug. 17, 2018

Featured Listing! August 17th

Here's today's #FeaturedListing ?????????

Sensational Multi-generational estate w Cape, Colonial & in-law/in-home business space nestled far off the road offers a private 2+ acre location! Priced at $649,000 this home offers 5 Bedrooms and 4 full & 2 half Baths! Come see for yourself!

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Aug. 17, 2018

Homes More Affordable Today Than 1985-2000

Rising home prices have many concerned that the average family will no longer be able to afford the most precious piece of the American Dream – their own home.

However, it is not just the price of a home that determines its affordability. The monthly cost of a …

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Aug. 16, 2018

Americans Rank Real Estate Best Investment For 5 Years Running!

Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years!
  • The generations agree! Real estate is the best investment!
  • Generation X leads the way with 37% believing in real estate …
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Aug. 15, 2018

Demand For Homes To Buy Continues To Climb

Across the United States, there is a severe mismatch between the low number of houses for sale and the high demand for those houses! First-time homebuyers are out in force and are being met with a highly competitive summer real estate market.

According to the National Association of …

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Posted in Market Updates