Monthly Archives: December 2014

Top 2015 Housing Predictions

National Association of REALTORS predicts the first-time home buyer will re-emerge in the new year after staying out of the market after the housing crisis. Access to credit and mortgage qualifications made easier, more employment opportunities should encourage young buyers … Continue reading

Posted in Real Estate Market Outlook | Leave a comment

Does it Still Make Sense to Own a Home?

Yes. Studies continue to indicate that owning, versus renting, a home is still the best way to accumulate wealth. So says The Center for Responsible Lending of Federal Reserve Board’s Survey of Consumer Finances. A recent study found that the … Continue reading

Posted in Real Estate Market Outlook | Leave a comment

Looking on the Bright Side

The unemployment rate for November is in from the Bureau of Labor Statistics. It’s unchanged at 5.8 percent from October. The economy is reported as having added 321,000 jobs – considerably more than the 214,000 in October or the monthly … Continue reading

Posted in Real Estate Market Outlook | Leave a comment

Let’s Talk About Rates

Prior to this week, mortgage interest rates had been volatile and upwardly bound. They hadn’t reached 5 percent yet, but they were reaching for it. They’re now at one of the lowest points all year. This is great news! Interest … Continue reading

Posted in Real Estate Market Outlook | Leave a comment

Black Friday Shopping Numbers

Preliminary numbers suggest the 2014 shopping season will be a success and exceed 2013 levels. Some changing patterns are emerging, however, as shopping is perceived to be overall lackluster. There is a significant decline in the number of people actually … Continue reading

Posted in Real Estate Market Outlook | Leave a comment