Market Update

March 30, 2023

Federal Reserve Raises Rates: What You Need to Know

The Federal Reserve recently held a meeting where they raised the federal funds rate by 25 basis points, or 0.25%. While this isn't good news, the one positive thing is that most banks anticipated an increase of about 50 basis points, or half of a full percent. So ...

View More
Posted in Market Update
March 18, 2023

Is SVB CRASHING The Housing Market?!

 

The recent news about the financial markets has caused concern among many potential buyers and sellers. With the failure of SVB and other banks following suit, the Federal Reserve has been raising rates, causing volatility in interest rates, particularly in the mortgage market.

As a potential buyer or seller ...

View More
Posted in Market Update
Jan. 13, 2023

Why The Latest Inflation Data Matters For Mortgage Rates

 

 

Today marked the monthly release of the Consumer Price Index (CPI). For nearly a year, this monthly economic report has had the greatest impact on the bond market and mortgage rates. 

 

The biggest revelation was October's CPI (reported November 10th), which many saw as a ...

View More
Posted in Market Update
Jan. 12, 2023

The Truth About Negative Equity Headlines

 

Recently, home equity has been a hot topic in real estate news. And, if you've been paying attention, you may have noticed that the number of homeowners with negative equity is increasing. 😱 But don't be alarmed by the headlines. 

In reality, the headlines do not ...

View More
Posted in Market Update
Sept. 1, 2022

Are We Headed For a Housing Market Meltdown?

 

 

 

What's happening with housing inventory currently? Is it leading to a market crash? For there to be a housing crash there has to be a sharp increase in inventory and there is just not enough inventory to indicate that the market is going to crash.

So ...

View More
Aug. 8, 2022

Why This Market Is Nothing Like 2008

 

The housing market has shifted, as you have likely heard from the headlines and maybe from other agents in the industry. So, how do some industry experts feel so confident in saying that a housing crash doesn’t look to be in the cards anytime soon? The reason for that ...

View More
Posted in Market Update
July 28, 2022

Housing Market Myths

 

How To Tell What’s True and What’s False in Today’s Market

As the real estate market continues to shift, it can be difficult to separate fact from fiction. This is when a real estate professional comes in to help clear up the headlines and offer the full picture when ...

View More
Posted in Market Update
July 13, 2022

Are Homes Losing Their Value?

 

 

The topic of the day is one that we're seeing throughout the country and almost throughout the world. The question that we hear almost everyone asking. "Are home values decreasing?"

 

It's true that ...

View More
Posted in Market Update
July 5, 2022

3 Things To Know If You’re Thinking About Buying or Selling In Today’s Market

 

Highlights

  • It's still a seller's market. Right now, demand still outweighs supplies. However, we may see that balance out even more once new construction increases. 
  • While rates are higher today than they were a few months ago, you have more buying power in today's market ...
View More
June 20, 2022

Interest Rates Increased Again - What This Means For You

 

 

Yesterday, the Federal Reserve took its most aggressive step yet to combat inflation, raising interest rates by 0.75%. This rate increase was the largest yet since 1994 and could be followed by a similar move ...

View More
Posted in Market Update