New home sales have risen 1.1% in February continuing to show growth and stabilization in the real estate market. Interest rates dropped at the beginning of February causing a spike in signed contracts with buyers taking advantage of the drop Continue Reading
Existing home sales jumped 14.5% in February to a 11 month high. This is the first time in a year that the prices have risen. Homebuyers are taking any advantage any drops in interest rates. The current mortgage rate has dropped Continue Reading
The continued lack of homes for sale is having an adverse affect on the rental market. With homes sales stalling as interest rates move higher and the inventory remains the same is forcing many potential homebuyers into the rental market. Continue Reading
The fallout from the Silicon Valley Bank failure has brought volatility to the market forcing interest rates lower. The short drop in interest rates have seen a spike in mortgage applications as buyers take advantage of lower rates. The Continue Reading
