Rising interest rates and the economy are the top two current issues to watch in real estate, according to the Counselors of Real Estate’s Top Ten Issues Affecting Real Estate 2018-2019, a list of the biggest threats to the housing market. Interest rates and the economy:As interest rates rise, commercial and residential real estate markets […]

In one word it is “TIGHT”. The inventory of homes for sale has been and will keep shrinking. The demand for homes is high. Builders are struggling to put up more homes, but the number is just not enough to keep up with the demand. Home builders will do what they can to satisfy the […]

Interest rates for home loans have been rising each week this year, so each week homeowners have had less incentive to refinance their mortgages. This will continue to drop as the rates are speculated to go up even more. Another drop in refinances last week kept mortgage application volume basically unchanged from the previous week, […]