Market Updates
Today's Market News:Interest Rates Jump in Response to Iran ConflictAfter falling below 6%, mortgage rates reversed course and hit their highest point in two weeks. These rates tend to follow the yield on the U.S. 10-year Treasury, which climbed back above 4%...
Market Updates
Today's Market News:Buying Power Continues to RiseA recent Zillow analysis found that a median-income household can now afford a home priced at $331,483. This adds up to a $30,302 increase in buying power since last year, and the highest affordable price since March...
Market Updates
Today's Market News:Why Retired Sellers Risk Getting Less for Their HomesNew research has found that homeowners who sell after they reach retirement age often end up with less profit than younger homeowners.Compared to sellers in their 40s and 50s, an 80-year-old...
Market Updates
Today's Market News:Housing Reform Advances to the HouseH.R. 6644, also known as the Housing for the 21st Century Act, is a bipartisan bill introduced in late 2025. It's designed to help prospective home buyers by streamlining HUD programs, modernizing regulations,...
Market Updates
Today's Market News:Buyers Scored Discounts in 2025A recent market analysis by Redfin found that almost two-thirds of last year's home buyers received listing price discounts last year. This adds up the highest share since 2019.The typical buyer who scored a home for...
Market Updates
Today's Market News:More Would-Be Buyers Walk from ContractsA recent analysis of MLS pending sales data found that over 40,000 U.S. home-purchase agreements were canceled in December 2025. This is equal to 16.3% of the homes that went under contract that month. It's...
Market Updates
December Home Sales Exceed ExpectationsSales of previously owned homes in December rose to a seasonally adjusted, annualized rate of 4.35 million units, a 5.1% increase from November. This was higher than analysts' expectations of a 2% gain. Sales were 1.4% higher...
Market Updates
Mortgage Rates Hit Three-Year LowRates fell 22 basis points last week after Fannie Mae and Freddie Mac were instructed to buy $200 billion in mortgage bonds. The rate on a 30-year mortgage dropped to 5.99%, matching the low from February 2nd, 2023.This type of...
Market Updates
Hello {{ recipient.f_name }},Today's Market News:Buyer's Market Continues to ImproveThe housing market continues to favor home buyers as 2026 begins. Redfin data for November 2025 found that over 37% more home sellers than buyers were active last November. It's a...
Market Updates
Today's Market News:This Year's Been Great! Let's Make Next Year Better.As we ring in the New Year, I want to thank you for your trust and shared commitment to homeowners. The real estate market is poised to reset for 2026, and I'm ready to help make it your best...
Recent Comments