May 25, 2023 The U.S. economy is showing continued resilience which, combined with debt ceiling concerns, led to higher mortgage rates this week. Dampened affordability remains an issue for interested homebuyers and homeowners seem unwilling to lose their low rate … Continue reading
For Week Ending May 13, 2023 May is the best month to sell a home, according to a recent analysis by ATTOM Data Solutions, which found that, on average, sellers saw a premium of 12.8% above market value when selling … Continue reading
The median sales price was down 0.7 percent to $367,500 The average market time was up 60.7 percent to 45 days New listings down 27.9 percent; pending sales down 28.8 percent (May 17, 2023) – According to new data from … Continue reading
May 18, 2023 The 30-year fixed-rate mortgage averaged 6.39 percent this week, as economic crosscurrents have kept rates within a ten-basis point range over the last several weeks. After the substantial slowdown in growth last fall, home prices stabilized during … Continue reading
