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US Housing Market Full-Year 2022 & Softwood Lumber Prices January 2023
Source: Yahoo! Finance --- VANCOUVER, BC, Jan. 27, 2023 /CNW/ - Full-year 2022 US housing starts and new home sales data has been released and while the dampening effects of rising mortgage rates remain, the numbers for December show a slight uptick. In 2022 the US...
Housing Market Update: Pending Home Sales Improve In January As More Buyers Return
Source: Redfin --- Pending sales posted their smallest year-over-year decline in three months as mortgage rates ticked down. Early indicators of homebuyer demand, including tour requests and mortgage applications, are increasing from their low point. Pending home...
Beaches, Mountains and World-Class Wines in Chile’s Verdant Valparaíso
Source: Mansion Global --- The verdant coastal region of Valparaíso, in central Chile, is extraordinarily diverse, with mountains and beaches, bustling cities and peaceful seaside resort towns. It has a Mediterranean-like climate, with balmy summers and cool, crisp...
Why You Shouldn’t Fear Today’s Foreclosure Headlines
Source: Keeping Current Matters --- If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about...
US housing market shows early signs of recovery as demand rises
Source: Fox Business --- The housing market is showing early signs of recovery with pending sales of U.S. homes climbing for the first time in a year, according to new data from Redfin. Pending home sales rose 3% in December, the first month-over-month increase since...
Latest mortgage news: Rates dip again, creating opportunity for homebuyers
Source: Yahoo! Finance --- Mortgage rates continue to retreat. The average rate on 30-year mortgages ticked down to 6.42 percent this week from 6.43 percent the previous week, according to Bankrate’s national survey of large lenders. “Mortgage rates declined for the...
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