Statistics

Dec. 13, 2017

Market Watch: Fed Again Raises Rates

For the third time in 2017, the Federal Reserve has modestly increased interest rates, showing its continued confidence in the U.S. economy.  Lawrence Yun, Chief Economist for the National Association of REALTORS, is predicting the 30-year fixed mortgage rate will continue to rise next year to an average ...

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Aug. 25, 2017

Study: FSBOs Aren't Saving Money

In what is perhaps the "most robust test yet" with the "largest sample ever tested," financial analytics firm Collateral Analytics has concluded that For Sale By Owner (FSBO) transactions achieve sales prices significantly below those achieved by sellers who hire a REALTOR.  

To reach their conclusion, Collateral Analytics used ...

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June 22, 2017

Hot Summer Market

 

 

Summer is officially here, and the housing market is warming up right along with temperatures.  Here are four great reasons to list your home for sale this summer:

 

  1. Buyers galore.  In our local market, buyer activity is strong.  The same is the case in markets across ...
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Dec. 16, 2016

Fed Hikes Rates, Mortgage Rates Climb

 

 

The Federal Reserve raised the short-term interest rates on Wednesday for the second time in a decade and signaled that rates could continue to rise into 2017.  What does this mean for mortgage rates and your buying power?

First of all, it's important to recognize that mortgage rates ...

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Nov. 29, 2016

Sellers: Winter is Coming, But Don't Discount it

Sellers beware: WINTER IS COMING [credit: Game of Thrones] (please don't sue us).  

But what does that mean for selling your home?  Should you really wait until Spring like everyone else?

Conventional wisdom, of course, tells us that Spring is the best time to list a home for ...

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