Trends

Where are the Millennials looking to buy a home
Where are the Millennials looking to buy a home? According to Realtor.com, the answer is a mix of the usual Millennial magnet cities and a few surprising markets.   In rank order, Realtor.com’s new list of the Top Cities for Millennials are Salt Lake City; Miami; Orlando; Seattle; Houston; Los... Keep Reading....
Consumer confidence in the economy is on the rise, according to new first quarter data released by the National Association of Realtors (NAR)
Consumer confidence in the economy is on the rise, according to new first quarter data released by the National Association of Realtors (NAR).   In the trade group’s latest Housing Opportunities and Market Experience survey, the 62 percent of respondent households that stated the economy is... more
Builder confidence in the market for newly-built single-family homes reached its highest reading since June 2005
Builder confidence in the market for newly-built single-family homes reached its highest reading since June 2005, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report.   The latest HMI data saw a six-point jump to a 71 level. All three... more
The Federal Reserve announced its first rate hike for 2017. The decision was near-unanimous, with Minneapolis Fed chief Neel Kashkari as the only member of the central bank’s Federal Open Market Committee opposing the decision.   In a statement, the Fed explained its actions: “In view of realized... more
Interest in home loans continued to grow, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 10.   The Market Composite Index was up by 3.1 percent on a seasonally adjusted basis and by four percent on an unadjusted basis from with the... more