Market News June 13

Market News June 13

New Fannie Survey Finds Increased Buyer OptimismAccording to Fannie Mae's latest National Housing Survey, overall confidence in the housing market is rising. Their Home Purchase Sentiment Index (HPSI) for May 2025 rose to 73.5, which is up 4.3 points from April, and...
Market News June 6

Market News June 6

How to Create Your Brand KitHave you ever noticed how some brands are instantly recognizable from a distance? Golden arches mean McDonald's while green mermaids say Starbucks. If you're new to the business or setting up your own office, creating your own brand kit...
Market News May 30

Market News May 30

Go For Believers, Not Followers This YearUsing social media to connect with prospects and borrowers may seem tricky at times, especially when the real estate market is less than ideal. While sharing your expertise online is important, you may need to put a new spin on...
Market News May 23

Market News May 23

More Sellers Ready to NegotiateNew listings have grown 9.8% month-over-month, encouraging more buyers to begin or renew their search for their next home. Inventory nationwide is up nearly 20% year over year, reaching levels not seen since August 2020. Some major...
Market News May 16

Market News May 16

Mortgage Demand Rises in Early MayLast week, new purchase loan applications rose 11% and were 13% higher than the same week in 2024. This puzzled some economists, as 30-year conforming mortgage interest rates only saw a slight decrease during this time.The increase in...
Market News May 9

Market News May 9

South Region Numbers Top Pending SalesRecent statistics from the National Assocation of REALTORS® (NAR) reported a 6.1% increase in pending home sales during March 2025. This was the biggest month-to-month increase since December 2023.While two regions experienced...
Market News May 2

Market News May 2

Home Prices Falling in Major MetrosIt's potentially good news for buyers, bad news for sellers. While property prices are still increasing, the gains are slowing. Recent data found that national home prices only rose 2.1% year-over-year, which is the slowest growth...
Market News April 25

Market News April 25

Why Mortgage Interest Rates Are SpikingLast Friday (April 11th), the average rate on the popular 30-year fixed mortgage surged 13 basis points to 7.1%, according to Mortgage News Daily. That's the highest rate since mid-February.Mortgage rates have been on a roller...
Market News April 18

Market News April 18

Why Mortgage Interest Rates Are SpikingLast Friday (April 11th), the average rate on the popular 30-year fixed mortgage surged 13 basis points to 7.1%, according to Mortgage News Daily. That's the highest rate since mid-February.Mortgage rates have been on a roller...
Market News April 11

Market News April 11

Market Volatility Affecting Lending RatesAfter gradually improving, mortgage interest rates reacted to unpredictable stock market movements by increasing by 25 basis points earlier this week.Last week's rate drop encouraged would-be buyers to view homes, building...