Buyers on $3K Budget Lost $71K in Purchasing Power
If a buyer on a $3K monthly budget can get a 7.4% mortgage, the range of homes they can afford is less expensive than the ones they looked at last year.
More Jobs and Better Pay Leads to More Buyer Demand
There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house. More Jobs Are
July New-Home Sales Reach 17-Month High
In a seasonally adjusted month-to-month comparison, July sales were 4.4% higher than June sales. Year-to-year sales were up 31.5%.
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