Mortgage bonds are down again for the third day in a row. Successfully giving back nearly all the rate gains we had seen last week. Why you ask are did we lose steam on that amazing rate rally, well watch the video to find out. I’m moving to a cautiously floating stance as we near the bottom end of the new trading channel. Today’s news held for us national home price levels and consumer confidence numbers, plus we kick off the first of 99 billion in auctions today.
- It’s a Sellers’ Market [INFOGRAPHIC]Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat. Let’s connect today if you’re ready to learn about the leverag […]
- Are There Going to Be More Homes to Buy This Year?If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of […]
- How Much Leverage Do Today’s House Sellers Have?The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory […]
- It’s a Sellers’ Market [INFOGRAPHIC]