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Monday July 26, 2021
Home Sales Slow Down, Indicating the Market Has Hit Its Price Cap

In June 2021, the volume of new home sales dropped to its lowest level since the onset of COVID-19 in early 2020. The common consensus is that low inventory and sky-high prices are forcing the market to adjust. Of c...

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Friday July 23, 2021
Housing Market Rebounds Slightly in June 2021 as Existing Home Sales Increase by 1.4%

While June home sales were lower than expected, they still represent a rebound after 4 consecutive months of decline. According to the National Association of Realtors (“NAR”), the number of existing home sales ...

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Wednesday July 21, 2021
New Construction Sector of Housing Market Struggles in July 2021

According to date released by the U.S. Census Bureau (“USCB”) on Tuesday, July 20, 2021, building permits dropped to its lowest point since August 2020; roughly 100,000 units below the six-month average. Buildin...

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    Monday July 19, 2021

    In August 2020, the Federal Housing Finance Agency (“FHFA”) announced that Fannie Mae and Freddie Mac would cha...

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    Friday July 16, 2021

    It appears that the rate of appreciation in home values, despite slowing down, will continue to increase for the ne...

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    Wednesday July 14, 2021

    We’ve been seeing a lot of discussion about inflation recently, and that discussion is warranted; housing costs ...

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    Monday July 12, 2021

    The housing market oscillates between being a “buyer’s market,” where the buyer has a stronger negotiating po...

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    Monday July 5, 2021

    What has been coined “The Great Wealth Transfer” is already underway; the Baby Boomer generation, those born b...

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