When will the Fed raise interest rates?

by Builder Trade In Program Jun, 14

Disappointing job growth in May combined with other economic factors seem to have caused the Fed to reconsider a June rate hike.

The Federal Reserve's April meeting minutes suggested that a strengthening economy could bring about the decision to raise interest rates at the June meeting. However, disappointing job growth in May combined with other global and domestic factors seem to have caused the Fed to reconsider. 

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New Home Friday 06-10-2016

by Builder Trade In Program Jun, 10

Housing Preferences of Millennials vs. Baby Boomers

by Builder Trade In Program Jun, 07

The National Association of Home Builders (NAHB) recently released a study entitled: Housing Preferences of the Boomer Generation: How They Compare to Other Home Buyers. The study compared the house preferences of seniors, boomers, gen X-ers, and millennials.

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New Home Friday 06-03-2016

by Builder Trade In Program Jun, 03

The New Housing Opportunities and Market Experience Report

by Builder Trade In Program May, 31

 

The new Housing Opportunities and Market Experience (HOME) report was created to monitor consumer sentiment about the housing market. 

 

This new report covers core topics that are tracked on a monthly basis such as - Is now a good time to buy or sell?

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New Home Friday 05-27-2016

by Builder Trade In Program May, 27

New home sales hit 619,000 in April, versus 520,000 estimate

by Builder Trade In Program May, 24

New U.S. single-family home sales surged to a more than eight-year high in April and prices hit a record high, offering further evidence of a pick-up in economic growth early in the second quarter.

The Commerce Department said on Tuesday new home sales jumped 16.6 percent to a seasonally adjusted annual rate of 619,000 units, the highest level since January 2008. The percent increase was the largest since January 1992.

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New Home Friday 05-20-2016

by Builder Trade In Program May, 20

The market is falling! The market is falling!

by Builder Trade In Program May, 17

 

If you have not noticed, there are signs in the real estate market that indicate the market is slowing down and will slow down for a minimum of a year or two. As you well know, all markets go in cycles, and we have been in recovery mode for the last seven years!

 

 

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Best markets for buyers and sellers

by Builder Trade In Program May, 10

The ease of buying or selling real estate depends largely on the local market conditions.

 

 

The ease of buying or selling real estate depends largely on the local market conditions. A buyer's market indicates there is a high volume of inventory and not as many interested buyers, while a seller's market favors those who sell their homes, because demand is high and supply is low. 

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