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More Jobs And More Workers. What Does It Mean For Mortgage Rates?

More Jobs And More Workers. What Does It Mean For Mortgage Rates?

There was good news on the jobs front today. Employers added 215,000 people to their payrolls in March and more people started looking for work, a sign of growing confidence in the labor market. Wages ticked up and unemployment held steady,[...]
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Mortgage Rates: A New Low Amid Global Volatility

Typically, interest rates fall in the U.S. when the economy is weak. This time is different, though. Our economy is doing pretty well. Employers are hiring and the housing market is chugging along. What’s driving rates down is investor[...]
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Redfin Homebuyer Demand Index Down 6% in February After 9 Months of Inventory Declines

The Redfin Housing Demand Index fell 5.5 percent to 97 in February from a year earlier, marking the third consecutive month of year-over-year declines in demand. The drop in demand was a result of nine consecutive months of year-over-year[...]
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For-Sale Shortage Hits the Beach And Sends Vacation Home Prices Soaring

For-Sale Shortage Hits the Beach And Sends Vacation Home Prices Soaring

Vacation home prices skyrocketed last year amid strong demand as a shortage of properties held back sales.Beach houses, lakeside cabins and other getaways accounted for 16 percent of all transactions in 2015, down from 21 percent in[...]
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Now is a Great Time to Sell, Unless You’re Also a Buyer

Now is a Great Time to Sell, Unless You’re Also a Buyer

It’s easy to typecast the players in the real estate market into two distinct roles: buyers and sellers. But it’s not that simple. In many cases sellers are simultaneously buyers, searching for their replacement home, making their[...]
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