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RECENT BLOG POSTS
Last week’s scheduled economic reports included readings on inflation, the Fed’s Federal Open Market Committee meeting, and Fed Chair Jerome Powell’s press conference. Weekly readings on mortgage rates and jobless claims were also published. Fed Leaves Key Rate Range UnchangedFederal Reserve poli...
06/19/2023
Creating a household budget can be a helpful way to track your spending and ensure you are meeting your financial goals. You will need to examine your fixed expenses that are the same each month, such as rent or car payments and your variable expenses that change each month, such as groceries or ...
06/16/2023
Securing a mortgage is a significant financial decision, and choosing the right option can have a lasting impact on your future. Each individual's circumstances are unique, and finding the best mortgage for your needs requires careful consideration. Whether you're a first-time homebuyer, have a l...
06/16/2023
Many millennials find home buying overwhelming due to a variety of factors such as high housing prices, student loan debt, competition from investors, economic uncertainty, and a lack of knowledge about the home-buying process. These challenges can make it difficult for millennials to save enough...
06/16/2023
Obtaining a pre-approval for a mortgage is an important step when you're planning to buy a home. It gives you an idea of how much you can afford, helps streamline the home-buying process, and strengthens your position as a serious buyer. However, many people worry that the pre-approval process mi...
06/12/2023
Last week’s scheduled economic news included results from Fannie Mae’s National Housing Survey and weekly readings on mortgage rates and jobless claims. Fannie Mae Survey Shows Lower Home Buyer Confidence in MayFannie Mae reported lower home buyer confidence in housing market conditions in May. H...
06/12/2023
One of the stresses of moving to a new area is giving up the familiarity that you have with your old neighbors and starting from scratch. Whether you've just moved to a different locale or you're planning to relocate in the near future, there are some easy ways that you can make a home of your ne...
06/12/2023
When buying a home, there are certain steps a buyer should go through before the home sale is official. First the buyer makes the offer, then the offer is accepted. Next the buyer schedules the inspection and home appraisal. Finally, everyone is ready for closing.It’s easy to overlook the impact ...
06/07/2023
Last week’s economic reporting included readings from S&P Case-Shiller Home Price Indices on home prices, reports on U.S. jobs growth, and the national unemployment rate. Weekly readings on mortgage rates and jobless claims were also released.  S&P Case-Shiller: Limited Supply of Available Homes ...
06/05/2023
March readings for the S&P Case-Shiller National Home Price Index showed that month-to-month home prices rose by 0.40 percent in March. The 20-City Home Price Index, which is considered a benchmark indicator by U.S. real estate professionals, rose by 0.50 percent month-to-month in March but poste...
06/02/2023
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Bob Elliot

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Real Estate Experience Matters! Local and national market news, trends, and updates.