ARCHIVED BLOG POSTS
2018
Obstacles facing home builders have caught up with high builder confidence according to the National Association of Home Builders Housing Market Index for November. Builder confidence dropped eight points to an index reading of 60, which was the largest month-to-month drop in builder confidence s...
11/30/2018
The real estate market does not occupy a space outside the laws of physics. As Sir Isaac Newton so aptly theorized, "For every action, there is an equal and opposite reaction." When applying the English physicist's Third Law to today's rising mortgage rates, anticipating the reaction can be valua...
11/30/2018
Last week's economic readings included readings from the National Association of Home Builders Housing Market Index, National Association of Realtors® report on sales of pre-owned homes and Commerce Department readings on housing starts and building permits issued. Weekly reports on mortgage rate...
11/26/2018
Last week's economic news included readings on inflation, core inflation and retail sales. Weekly readings on mortgage rates and first-time jobless claims were also released.Inflation, Retail Sales Rise in OctoberCommerce Department readings for October showed higher inflation and retail sales. C...
11/19/2018
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One thing to think about when purchasing a home or parcel of land is to have an updated land survey conducted. While property deeds generally include detailed information, many are outdated for a variety of reasons that include nature, weather conditions, and adjustments in floodplain maps among ...
11/14/2018
Last week's scheduled economic news was slim last week. The Federal Open Market Committee of the Federal Reserve issued its post-meeting statement, weekly readings on average mortgage rates and first-time jobless claims were also issued.FOMC: Fed Target Rate Unchanged, but Expected to Rise in Dec...
11/14/2018
The real estate market is quite different from other markets and can be confusing for even the most experienced buyers and sellers. You will need the help of a real estate agent whether you are an experienced buyer or doing it for the first time.Even with the help of an agent, you can educate you...
11/09/2018
Last week's economic news included readings for Case-Shiller Home Price Indices, Commerce Department readings on construction spending and the University of Michigan's reading on consumer confidence. Labor sector reports on jobs growth and the national unemployment rate were posted along with wee...
11/05/2018
Home price growth slowed to its lowest rate in 20 months according to the 20-City Home Price Index issued by Case-Shiller. After years of dismal readings, Las Vegas, Nevada led the cities included in the index.Top three cities for August included Las Vegas, Nevada where year-over-year home prices...
11/01/2018
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