The Federal Reserve’s efforts to stamp out inflation by raising interest rates may be putting the brakes on a lot of house sales, both here […]
There are many factors to consider when purchasing a home. You must do your due diligence and make compromises to find the right one for you. The following article offers tips for preparing your wish list and finding the right home for you. We recommend defining your non-negotiable must-haves and your wish list. By identifying […more]
New Flood Risk Tool for Home Owner and Homebuyer Research Risk Factor (also known as “Flood Factor”) connects individuals to comprehensive flood risk information specific to each individual property, including the FEMA flood zone and a risk score between 1 (minimal risk) and 10 (extreme risk). Key Points About Flood Factor According to the National […more]
A little contact paper goes a long way in this teeny kitchen. READ MORE…
Recent sales numbers suggest local home sale prices under pressure from rising interest rates. Nationally we are seeing price resistance due to rising rates, so we decided to study the local market to see what is happening here. From the graph we can see both median and average home sale prices topped out around April […more]
Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. What I have always tried to do with my economic […more]
More than 40 percent of the available units in Manhattan currently come from tenants priced out of apartments they leased in 2020 and 2021, according to a new StreetEasy report.
I’m never going back to regular blinds! READ MORE…
When it comes to continuing suspensions of policies that roiled the mortgage market in 2021, the ball is now in the U.S. Treasury‘s court. The Federal Housing Finance Agency and Treasury agreed in September 2021 to end limits imposed by the Trump administration on overall volume and the kind of mortgages lenders’ could sell to […more]
Halfway through the year for Waldo home sales and the stats are showing a bit of a slowdown to what we’ve been experiencing for the past several months: buyers are still paying over the asking price, and newly listed homes going under contract within 48 hours. Yet the number of units sold — big drop. […more]