This week was fairly quiet, except for two Bond auctions that want off, one good and one bad. The up escalator trend continued this week as well, boding well for mortgage rates. I am still taking an overall Floating position long and short. Next week is jam-packed with reports…watch the video for details….
- Home Prices Up 6.54% Across the Country! [INFOGRAPHIC]Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
- Should Boomers Buy or Rent after Selling?In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home. “Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent… Meanwhile, more than 5 million […]
- What is the Cost of Waiting Until Next Year to Buy?We recently shared that over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values […]
- Home Prices Up 6.54% Across the Country! [INFOGRAPHIC]