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Hot Housing Market

On the most recent National Association of Realtors’ Existing Home Sales report, which measures contracts that were signed for existing home…

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Homebuyer Demand Hits Highest Level Since 2009!

The mortgage industry is officially off to a record start in 2020.  According the Mortgage Bankers Association’s seasonally-adjusted index,…

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Home Appreciation Continues

When looking at the housing market, a great report to track is the CoreLogic Home Price Index.  This index currently shows that homes increa…

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Increased Loan Limits in Effect

As of January 1, 2020, the new and increased loan limits for Fannie Mae, Freddie Mac, and FHA are now in place.  Fannie Mae and Freddie Mac…

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Economic Reports Breakdown Housing Health

The Mortgage Bankers Association (MBA) released their mortgage application data for the week of December 16th.  This data showed a slight sl…

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Fannie Mae Boosts 2020 Housing Forecast

The research team at Fannie Mae have revised their 2020 housing forecasts to much higher levels.  This past year, growth in single-family ho…

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Demand for Home Ownership Continues

The National Association of Realtors’ Pending Home Sales report was recently released showing that signed contracts on single-family homes,…

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U.S. Unemployment Rate Hits 50-Year Low

According to the recently released November Jobs Report, the unemployment rate ticked down to 3.5% from 3.6%, matching the lowest jobless ra…

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Homes are Selling as Prices Continue to Rise

The Case-Shiller Home Price Index, which measures appreciation in single-family homes, increased by 0.1% for the month of September, bringin…

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US Housing Starts Hit Twelve Year High

US housing starts, which represent permits for future home construction, jumped 3.8% in October to 1.314 million units, representing a twelv…

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Sales of New Homes Expected to Reach 13 Year High in 2020

According to the National Association of Realtors (NAR), new home sales are expected to rise 11% to 750,000 in 2020.  This would be the high…

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Home Prices Continue to Thrive

CoreLogic’s Home Price Index (HPI) continue to show that owner-occupied homes across the nation are increasing in value.  In September, valu…

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