Article by: Simplifying the Market™Originally Published: April 30, 2018, 10:00 amThere are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational […]
Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: April 27, 2018, 10:00 am Some Highlights: According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March to an annual pace of 5.60 million. This is the strongest pace since November of 2017. Inventory levels dropped year-over-year for the 34th […]
“Short of a war or stock market crash…”
Article by: Simplifying the Market™Originally Published: April 26, 2018, 10:00 amThis month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way: A 5% increase in home prices increases payments by roughly 5% A 1% rise […]
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