Market News March 29

Market News March 29

Closed Sales Surge in FebruaryEven with a higher interest rate environment, closed sales of existing homes surged by almost 10% last month to 4.38 million. While sales were down 3.3% year-over-year, last month's gains were the largest seen in 12 months. High demand...
Market News March 22

Market News March 22

Mortgage Rates Dip, Applications RiseAn increase in home purchase applications was recorded during the first week of March, driven by mortgage rates dipping below 7% for the first time in more than a month. This suggests that more potential home buyers, tired of...
Market News March 15

Market News March 15

Presidential Incentives for Home Buyers and SellersDuring last week's State of the Union speech, President Biden introduced plans to address the nation's ongoing issues with lack of affordable housing. These plans included the introduction of new tax breaks for...
Market News March 8

Market News March 8

These Seller Myths Are Still Alive and WellWhile most home sellers are ready to take your advice, there are still some myths about pricing and the sale process you may need to address. These are still going strong in today's market.Never Accept the First Offer. While...