Even though the Federal Reserve has raised rates 14 times in a row and is expected to raise rates once more, housing has absorbed those blows well. The market expects 2006 to be a strong year for housing.
Home Sales Dip, but Demand May Rise
by Clayton Closson on February 28, 2006 in Home Sales
Sales of existing home sales dipped a bit in January from the previous month. But long-term interest rates are still low and employment is still strong. This may lead to a rise in demand for housing in the future.
It’s a Buyer’s Market: Tips for Sellers
by Clayton Closson on February 10, 2006 in Mortgage Rates
The market has endured 13 short-term rate hikes from the Federal Reserve in the last year and a half. Home appreciation has slowed and homes have not sold as fast as they once did. The market has shifted in favor of the buyer. So what can sellers do to get their homes sold?
It's a Buyer's Market: Tips for Sellers
by Clayton Closson on February 10, 2006 in Home Sales
The market has endured 13 short-term rate hikes from the Federal Reserve in the last year and a half. Home appreciation has slowed and homes have not sold as fast as they once did. The market has shifted in favor of the buyer. So what can sellers do to get their homes sold?
Homeowners Can Still Refinance at Low Rates
by Clayton Closson on December 29, 2005 in Mortgage Rates
Despite the fact that overall home sales were down slightly, home buyers still have an advantage with historically low long-term rates. Homeowners can also get low rates when looking to refinance.
Employment, Consumer Confidence Continue to Drive Housing
by Clayton Closson on November 28, 2005 in Home Sales
Though total existing home sales dip, that's no sign of the housing market weakening. Consumer confidence and strong employment keep driving housing performance.
Existing Home Sales Down 2.6%
by Clayton Closson on August 23, 2005 in Home Sales
The National Association of Realtors (NAR) reports home sales slipped in July. Find out what how this affects the housing market and what it means for you in the future.
Existing Home Sales Indicate Another Strong Year
by Clayton Closson on July 26, 2005 in Home Sales
June existing home sales rose 4.4% above the 7.02 million-unit level and mortgage rates are still near historic lows. Find out what this means for the coming year for housing.
Existing Home Sales Hit Record Pace in April
by Clayton Closson on May 24, 2005 in Home Sales
The National Association of Realtors reported today that existing home sales rose 4.5% in April coming in at a 7.18 million annual rate. Read more about today's report and the outlook for housing in 2005.
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