What's Happening In The Market? May Update Please note: this SFAR data is for April 2022 The average 30-year fixed rate mortgage exceeded 5% in April, the highest level since 2011, according to Freddie Mac. The recent surge in mortgage rates has reduced the pool of...
Read MoreWhat's Happening In The Market? April Update Please note: this SFAR data is for March 2022 Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also...
Read MoreWhat's Happening In The Market? March Update Please note: this SFAR data is for February 2022 The U.S. real estate market remains hot ahead of the spring selling season, with existing home sales up 6.7% as of last measure, according to the National Association of REALTORS®....
Read MoreWhat's Happening In The Market? February Update Please note: this SFAR data is for January 2021 The 2022 real estate market begins where 2021 left off, in which existing home sales reached their highest level since 2006, with the National Association of REALTORS® reporting sales were...
Read MoreWhat's Happening In The Market? January Update Please note: this SFAR data is for December 2021 The 2021 housing market was one for the history books. After three consecutive months of increases recently, existing home sales are on pace to hit their highest level in 15...
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