For Week Ending April 3, 2021 The University of Michigan’s latest Consumer Sentiment Index came in at 84.9 points, up from 76.8 in February and the highest level since last March’s 89.1 reading. The index is an economic indicator of … Continue reading
For Week Ending March 27, 2021 As the spring market is in full swing and home prices are ticking up, mortgage rates have moved higher in recent weeks as well. Freddie Mac reports that the national average rate for a … Continue reading
For Week Ending September 17, 2016 As temperatures start to cool throughout the country, the total number of home sales will cool as well, as is the seasonal nature of the housing market. But with household incomes on the rise … Continue reading →
For Week Ending September 10, 2016 During a point in time when record-low mortgage rates should be coercing new home buyers into the market, many potential first-time buyers are seemingly not able to afford what is on the market. As … Continue reading →
By Aubray Erhardt on Wednesday, September 14th, 2016 Seller activity increased 2.1 percent since last August, as sellers introduced 7,072 new listings to the marketplace. Buyer activity also rallied. Pending sales rose 7.9 percent while closed sales gained 7.4 percent. … Continue reading →
For Week Ending September 3, 2016 Most market trends have been steadily the same for the bulk of 2016, and there’s not much reason to expect a change as we enter the last several months of the year. We have … Continue reading →
For Week Ending August 27, 2016 If residential real estate were a wager to close out the summer golf season, prospective buyers would still be waiting impatiently for prospective sellers to take the putt on the final hole. Yet inventory … Continue reading →