Posts Tagged ‘market trends’
Will Bidding Wars Continue? Will Home Prices Stay Elevated?
The economists are optimistic about the market’s direction, they agree it won’t be a return to the usual slowing pace of sales in the fall—nor will prices slide to the extent typical of the season as families settle into a new school ...
Economists: Sales Momentum Will Carry Into Fall
Will bidding wars continue? Will home prices stay elevated? Will home buyer demand remain strong? Heading into the fall season, economists are optimistic about the market’s direction considering its unpredictability since the beginning of the...
Mortgage Rates Barely Budge, Remain Below 3%
The 30-year fixed-rate mortgage held near last week’s average and continues to average near historical lows and under 3%. “Mortgage rates stayed relatively flat this week,” says Sam Khater, Freddie Mac’s chief economist. “Housing i...
Real Estate Activity Snapshot
New Listings were down 8.1 percent for single family homes and 16.5 percent for townhouse-condo properties. Under Contracts decreased 15.6 percent for single family homes and 13.3 percent for townhouse-condo properties. The Median Sales Price w...