While Existing-Home Sales Drop 9.9% Nationally, the Western Regions See 4.6% Increase
Existing home sales dropped for the first time in 2021, down 6.6% from January 2021, according to the National Association of Realtors (“NAR”). While this is not cause for alarm, as the February 2021 sales were ...
Read Full PostMortgage Rates Increase, But Remain Historically Low
People would be understandably confused if they were to try and square the Federal Reserve’s (“the Fed”) words with the behavior of mortgage rates. The Fed has strongly stated that they intend to keep interest...
Read Full PostNew Construction Sees Slight Dip in Business as Cost of Raw Material Doubles, but Remains Strong
Over the last 6 months, the new construction industry has been thriving; this has been reflected in the monthly confidence index, generated by the National Association of Home Builders (“NAHB”). A score over 50 ...
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