Monthly Archives: July 2021

Top markets for new listings growth include: Milwaukee (+44.7%), San Jose (+40.7%), and Cleveland (37.9%)

– In June, U.S. new listings increased 10.9% over May and 5.5% year-over-year

– The U.S. median listing price increased 12.7%

Buying a home or refinancing a home mortgage remains one of the most important
financial decisions one will make in a lifetime.  There are very few personal decisions one
can make which involves such an important investment, both in terms of economics

Last month the Federal Reserve Board spoke loudly. They actually had the audacity to suggest that they expect to raise rates shortly. Define shortly? Sometime in 2023! That is literally two years from now. Years ago, the Fed

Zillow survey finds more than one-quarter of Gen Zers and millennials say their housing decisions are impacted by social media influencers and celebrities

– Three in five young adults plan to use money saved during the pandemic to put

Market Comment

Mortgage bond prices finished the week slightly positive which kept rates relatively neutral. Rates improved Monday morning as stock struggled, were relatively flat Tuesday into Wednesday morning, and then saw some selling pressure late Wednesday into Thursday. The data