Subscribe to Email News Updates
How Buying or Selling a Home Benefits the Economy and Your Community
Source: Keeping Current Matters --- If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National...
US mortgage rates see biggest fall for over two years
Source: MPA --- US mortgage rates posted the biggest drop in more than two years, offering homebuyers a slight reprieve from this year’s massive surge in borrowing costs. The average for a 30-year loan declined to 5.10% from 5.25% last week, Freddie Mac said in a...
Inflation, interest rates creating real estate ‘headwind’: Ross Perot Jr.
Source: Fox Business --- Billionaire businessman and The Perot Group and Hillman Chairman Ross Perot Jr. predicted a real estate slowdown on "Mornings with Maria" Wednesday, noting that rising inflation and interest rates are creating a "headwind" against the market....
Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding
Source: Redfin --- Sun Belt metros are leading the way when it comes to building new homes–and they need them, with scores of buyers moving in from other parts of the country, causing inventory to dwindle and prices to surge. Austin, TX had 31.1 single-family building...
These Are the Best Types of Wood for Furniture, Flooring, and Cabinets
Source: Apartment Therapy --- If you’ve ever set foot in a home improvement store, you’ve probably noticed a lot of one material: wood. And you’ve probably noticed it in your own home, too — or perhaps even installed it yourself. Wood has many practical...
Housing Market Update: Nearly 1 in 5 Sellers is Dropping Their Price, the Highest Rate Since October 2019
Source: Redfin --- Measures of homebuying competition are plateauing as early-stage demand posts its biggest annual decline since April 2020. However, mortgage rates may have leveled off, which could prevent demand from dropping even further. The housing market is...
