Mortgage Rates Just Saw Their Biggest Drop in a Year
You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year.What Sparked th
Payments Drop 12%, Monthly Sales Up 9.4% | As the Market Turns: Could a Recession be Good for Housing?
With recent interest rate reductions we're seeing more buyers enter the market, and at the same time more inventory. Economists are predicting that we'll see a balanced market again by November. That means price stability and less negotiating power for buyers - but an influx of inventory and the t
Builder Incentives Reach 5-Year High
Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price.🔹 Maybe the layout feels off🔹 Maybe it still needs some updating🔹 Or maybe it’s just more of the sameThat’s why more buyers are turning to new construction – and findin
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