Market News July 28

Market News July 28

How to Guide Clients Past Negative NewThe national media continues to crank out depressing real estate headlines, harping about rising mortgage rates and lack of homes for sale. But not all of the bad news applies across the board, or to every area. Here's some data...
Market News July 21

Market News July 21

Average Property Prices Reach New HighData released last week found that average home values recently surpassed the $350,000 mark for the first time ever, inching up 1.4% from May to June 2023. However, buyers haven't thrown in the towel, even though many would-be...
Market News July 14

Market News July 14

Help Your Clients Avoid Buyer's RegretBuyer clients are thrilled when they're moved into the new home you helped them buy. But not all homeowners feel this way a few months later for one reason or another. Buyer's remorse is real, and while you may not be able to...
Market News July 7

Market News July 7

Purchase Mortgage Applications Rose in JuneJune remained a popular month for buyers, even with higher interest rates. Mortgage applications increased for three weeks in a row, reflecting increased buyer activity.The Mortgage Bankers Association's Market Composite...