With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, t
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents ...
An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently ...
In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer.
While the housing market forecast for the second half of the year remains ...
Many members have communicated to us that buyers and residents want to know which buildings have undergone the 40-year recertification process, and subsequent 10-year recertifications. There is not a centralized database for this information and I would like to clarify that only ...
The amount of wealth Americans have stored in their homes has increased astronomically.
On average, ...
There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling ...