Article courtesy of REALTOR Magazine August 25, 2021 Will bidding wars continue? Will home prices stay elevated? Will home buyer demand remain strong? Heading into the fall season, economists are optimistic about the market’s direction considering its unpredictability since the beginning of the pandemic. For the most part, they agree it won’t be a return […]
September 30, 2020 Pending home sales are exceeding pre-pandemic levels and defying forecasts. August marked the fourth consecutive month of escalating sales contract activity, with all four major regions of the U.S. posting higher year-over-year pending home sales numbers, the National Association of REALTORS® reported Wednesday. NAR’s Pending Home Sales Index—a forward-looking indicator based […]
The 30-year fixed-rate mortgage hit its 11th record of the year this week, averaging 2.80%—the lowest rate ever recorded by Freddie Mac. “Mortgage rates remain very low, providing homeowners who have not already taken advantage of this environment ample opportunity to do so,” says Sam Khater, Freddie Mac’s chief economist. “Mortgage rates today are on […]
July 22, 2020 Despite high unemployment numbers, nearly two-thirds of buyers recently surveyed say they’ve been able to save more money for their down payment due to the shelter-in-place orders this spring. Combined with low interest rates (the 30-year fixed-rate mortgage averaged 2.98% last week), more house hunters say they’re stretching their budgets and searching […]
March always brings a feeling of expectancy and has many events to suggest that we are nearing winter’s end. Spring is just around the corner! The daffodils are in bloom, and the crocuses are pushing their heads up as well. It’s time to get outside and enjoy this beautiful place we call home. Daylight Savings […]
December 4, 2019 More home appreciation is likely to come in the new year. In a new report released by CoreLogic, economists predict home prices will spike by 5.4% from October 2019 to October 2020. That is even higher than the 3.5% annual appreciation in national home prices posted this October, the real estate data […]
From the September 5, 2019 issue of the Transylvania Times https://www.transylvaniatimes.com/story/2019/09/05/news/initiative-to-help-brevard-make-healthier-choices-brevard-nc/42070.html Initiative to Help Brevard Make Healthier Choices Brevard has been chosen as the 50th community to be a Blue Zones Project, an initiative that makes healthy choices easier through permanent and semi-permanent changes to a community’s built environment, policy and social networks, according to […]
September 6, 2019 © REALTOR® MAGAZINE The 30-year fixed-rate mortgage averaged 3.49% this week, the lowest average since October 2016, Freddie Mac reports. “Mortgage rates continued the summer swoon due to weaker economic data,” says Sam Khater, Freddie Mac’s chief economist. “While economic growth is clearly slowing due to rising manufacturing and trade headwinds, economic […]
Data Shows Substantial Housing Progress Post-Recession Since the recession, the U.S. real estate housing markets have undergone a significant transformation, creating a booming real estate industry that is almost unrecognizable to the one we had just a decade ago. June marked the longest period of economic expansion for the country, reaching 121 months. What’s happened […]
Summer in Sapphire/Lake Toxaway offers a wide variety of arts, culture, and outdoor recreation by Katherine Scott Crawford At an elevation of over 3,000 feet, there is no better place to be in summer than in the beautiful mountain communities of Sapphire, Sapphire Valley and Lake Toxaway, N.C. In addition to the crisp mountain air—it […]
