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Market Update June 6th
Read moreHousing data continues to improve with the latest Case-Shiller’s 20-city index reporting a jump of 0.9 percent for the month of March. This is the strongest report since last November. Nineteen of the 20 cities measured by the index showed increases. Despite the monthly gain, the growth from the same…
Happy Memorial Day and the Market Update
Read moreThe housing market is rocking!!! The three major housing reports released this week do not just show the housing market improving, they are indicating the market is hotter than most experts ever expected, or even realized. Starting the week on Tuesday, the New Home Sales Report came in at…
Market Update May 23
Read moreIt seems that most of the economic news that might have impacted the markets this week took a back seat to the comments made by three Federal Reserve Board members. It seems that there is an increased likelihood of a rate increase in June based on their latest comments. The…
Is it too late to buy or sell in 2016?
Read moreThe bottom line is this: The best time to buy or sell a home is when it’s best for your scenario. Please don’t think your opportunity has passed for 2016. Low interest rates make now a great time to be in the market as a buyer or seller because low costs…
Market Update May 16th
Read moreAlthough mortgage rates have fallen, mortgage activity continues to remain virtually flat. With the latest decline in rates last week the Mortgage Bankers Association of America reported that applications for purchases and refinances only increased 0.4 percent and 0.5 percent respectively. The good news is that the slight uptick in…
Market Update May 9th
Read moreIt is getting difficult to tell which direction the economy is heading. Housing continues to hum along at a relatively healthy pace. The labor market seems to be remaining strong as well. First time jobless claims are still low and the 4 week moving average also supports stability in…
2015 4th Quarter Update
Read moreIt’s a refrain we’ve been repeating a lot lately, yet it’s one we like to hear: Home values are still rising in most places, and mortgage rates are still near historic lows. So why do we keep talking about it? Low rates can equate to saving money, and rising prices can…
Credit Scores: How 3 Little Numbers Rule Your Life
Read moreCredit Scores: How 3 Little Numbers Rule Your Life
Fred Kreger at 2016 NAMB East
Read moreFred Kreger at 2016 NAMB East. Click the picture below to watch the interview with Fred Kreger at 2016 NAMB East talk about where the industry is going. Fred Kreger, Incoming President of NAMB is interviewed by Andrew Berman at 2016 NAMB East