Real Estate Market Update and Graphs

This week national real estate news has indicated a more optimistic outlook than previous weeks.  On May 4th Zillow Forecasts a Dip in Home Prices, Rebounding By Next Year.  In summary, this forecast predicts a 2 to 3% drop in prices through the end of 2020, followed by a slow recovery through 2021 with prices Read More …

How Interest Rates Impact The Price of House You Can Afford

Freddie Mac’s last Primary Mortgage Market Survey reports that interest rates for a 30 year fixed rate mortgage are currently at 4.61%.  The interest rate that you lock when buying a home, not only impacts your monthly payment but also your purchasing power – or price of home you can purchase. Purchasing power, is the Read More …