Pending Home Sales Advanced 2.0% in February

NAR forecasts mortgage rates will average 6.4%, existing-home sales will increase by 6%, new-home sales will improve by 10% and the national median home price will rise by 3% in 2025 Key Highlights Pending home sales in February augmented 2.0%. Compared to one month ago, pending home sales decl
Existing-Home Sales Accelerated 4.2% in February

Key Highlights Existing-home sales advanced 4.2% in February to a seasonally adjusted annual rate of 4.26 million. Sales slipped 1.2% from one year ago. The median existing-home sales price rose 3.8% from February 2024 to $398,400, the 20th consecutive month of year-over-year price increases. The
Mortgage Rates Recover After Starting Slightly Higher

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 6.78% -0.04% 15YR Fixed 6.23% -0.01%  
Tariffs could drive up new home prices by as much as $22,000, research finds

On Tuesday, President Donald Trump’s administration imposed new tariffs on imports from Canada and Mexico while increasing existing tariffs on goods from China, a move expected to raise prices for new homes, according to a recent CoreLogic report. That’s largely because tariffs affect essential hom
New Jersey Real Estate Market Update: Trends in Long Branch, Monmouth County, & National Construction Insights

New Jersey Real Estate Market Update: Trends in Long Branch, Monmouth County, and National Construction Insights The real estate landscape is evolving rapidly, and staying informed is essential whether you're a seller, buyer, or investor. In this blog post, we explore the latest market updates for N
Refi Demand at 3 Month High Thanks to Lower Rates

Refi Demand at 3 Month High Thanks to Lower Rates Ryan Skove has shared this article with you.     View  |  Download       30YR Fixed 7.03% +0.01% 1
Home Price Appreciation Ran Just Above Expectations in November

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.07% +0.00% 15YR Fixed 6.49% +0.01%  
Can Trump Actually Force Rates to Move Lower?

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.07% -0.04% 15YR Fixed 6.48% -0.03%  
Existing Home Sales Inch Up to Highest Levels Since February

  Ryan Skove has shared this article with you.     View  |  Download       30YR Fixed 7.11% -0.01% 15YR Fixed 6.51% -0.01%  
Highest Purchase Applications in a Year? Technically, Yes

  Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.11% -0.01% 15YR Fixed 6.51% -0.01%  
Mortgage Rate Watch - Jan 15th 2025

  Ryan Skove has shared this article with you. Download PDF View on Web       30 YR Fixed 7.13% -0.12%
Existing Home Sales Update: Still Bad

  30YR Fixed 7.09% +0.07% 15YR Fixed 6.48% -0.02%   Existing Home Sales Update: Still Bad Housing was chugging right along in early 2020, then covid happened.  Housing experienced lots of unexpected volatility with the most importan
Why Pre-Approval Should Be at the Top of Your Homebuying To-Do List

Why Pre-Approval Should Be at the Top of Your Homebuying To-Do List Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market. To make sure you’re ready, you need to get pre-approved for a mortgage. That’s
Reasons To Move in Today’s Shifting Market

You have 3 key opportunities if you’re looking to move this fall. Inventory is growing, homebuilders are motivated to sell, and mortgage rates have come down from their recent peak. Let’s connect if you want more information.
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