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Coastal Real Estate

Living near the ocean is good for your health

Living near the ocean has been shown to have several potential health benefits. Here are a few reasons why: Reduced stress levels: The sound of waves crashing, the smell of saltwater, and the sight of a wide expanse of water can all have a Continue Reading

New Home Construction Rises

In Apri New Homebuilders Sentiment Rises with Demand

According to the National Home Builders Association Index Number has grown in the month of April.  Anything in the NHBA index below 50 is considered  negative.  The index grew 1.4 which was inline with projections.  Here is the Continue Reading

Rising Interest Rates

The Tipping Point of Below 5.5% Interest Rates is What Buyers Prefer

The real estate market has seen a steady rise of interest rates from the low of 2.65% to its current rate of 7.13% for a 30yr fixed rate mortgage.  As interest rates have fluctuated over the last 2 years buyers have had a rollercoaster ride in Continue Reading

Preparing your Home to Stand out Ahead of the Competition

Preparing your home to stand out on the market as the spring selling season kicks off can help sellers stand out against the competition in this low inventory market.  Home improvements can help your property stand out in this competitive market Continue Reading

High Real Estate Demand and Low Supply Constraints are Causing Issues

The spring real estate season is upon us with home buyers searching for new homes as the weather gets warmer.  But many buyers are facing a triple threat this buying season with high interest rates, low inventory and fears of a recession on the Continue Reading

Real Estate Housing Suddenly Jumps 14.5% in February

According to the National Association of Realtors have reported a strong jump of 14.5% for closed sales in February which represents contracts signed in December and January.  Buyers are extremely sensitive to interest rates and any drop in Continue Reading

Bank Volatility Causes Rates to Drop Temporarily

The recent bank volatility has cause interest rates to temporarily drop causing a short spike in mortgage applications.  Applications rose 2.9% for the week but is overall down 35% from this time last year.  Refinance loans also got a short Continue Reading

Pending Home Sales for February Manage to Rise as Interest Rates Pause

Pending Home Sales Grow as Interest Rates Pause

With a short drop in interest rates in February has caused a short rise in pending home sales.  Higher interest rates has taken a bite out of the real estate market rising from 3% last year to 7%. this year as the Federal Reserve attempts to Continue Reading

Remote Work is Still a Challenge for Employers

After 3 years of people working remotely has the time come for everyone to go back to the office in 2023?  Many companies are trying to end remote work and require a minimum amount of days a week in the office.  Not surprisingly many Continue Reading

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