July

Instant Reaction: Mortgage Rates, July 25, 2024

The 30-year fixed mortgage rate from Freddie Mac was nearly unchanged at 6.78% this week vs 6.77% last week. www.nar.realtor – Research

Continue Reading

Instant Reaction: Mortgage Rates, July 03, 2024

The 30-year fixed mortgage rate from Freddie Mac increased to 6.95% over the last week from 6.86%. www.nar.realtor – Research

Continue Reading

Housing Affordability Challenges Persist in July 2023

At the national level, housing affordability was flat in July 2023 compared to the previous month. www.nar.realtor – Research

Continue Reading

Instant Reaction: Jobs, July 7, 2023

Jobs have been added continuously since the lifting of the lockdown, but the latest monthly net gain of 209,000 is the smallest in 2.5 years. www.nar.realtor – Research

Continue Reading

Thoughts on Leadership: Hamilton, July 4th and a $4 Frame

Did you know Alexander Hamilton was born in Nevis? Hamilton grew up in poverty, was abandoned by his father and around the age of 13, his mother died, leaving him to fend for himself as an orphan. Despite these hardships, he persevered, and through a penchant for learning and an ambitious spirit, eventually moved to… […]

Continue Reading

Monday Minute: Week of July 25, 2022

Issues this week: Racism/discrimination in banking. www.nar.realtor – Fair Housing

Continue Reading

Existing-Home Sales Fall for the Sixth Straight Month, Decline 5.9% in July 2022

In July 2022, existing-home sales fell month-over-month for the sixth consecutive time, reaching a 4.81 million seasonally adjusted annual rate, and fell 20.2% from July 2021. www.nar.realtor – Research

Continue Reading
brownstones-tree-lined-street-GettyImages-500753331-1300w-867h

Existing-Home Sales Retreated 5.9% in July

Existing-Home Sales Retreated 5.9% in July July 2022 existing-home sales were down 5.9% from June and 20.2% from one year ago, with all four regions of the U.S. recording declines. Media Contact:  Troy Green 202-383-1042

Continue Reading

Instant Reaction: CPI Inflation, July 13, 2022

Consumer price inflation is the highest in over 40-years and showed no sign of slowing down in June. It rose by 9.1% and is accelerating. www.nar.realtor – Research

Continue Reading

Housing Affordability Drops Modestly in July 2020 as Median Family Prices Reach All Time High

At the national level, housing affordability showed signs of improvement in July 2020 compared to a year ago but dipped compared to June. www.nar.realtor – Research

Continue Reading