Commercial Real Estate Markets Show Steady, Moderate Growth

Vacancy rates generally are tightening in commercial real estate sectors with modest rent growth, according to the National Association of Realtors® quarterly commercial real estate forecast.    NAR chief economist said commercial real estate is on a more moderate growth path.  … [Read more...]

July Pending Home Sales Slips

Pending home sales were down in July, with higher mortgage interest rates slowing the market, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined just over 1 percent, but is still 6+ percent above … [Read more...]

More Reasons to Buy Now

Prices Will Continue to Rise   Standard & Poors recently upgraded their 2013 forecast for the S&P/Case-Shiller Home Price Index to an 11% year-over-year increase from their original 8% projection.   The Home Price Expectation Survey, which polls a distinguished panel of over … [Read more...]

Comments on the Impact of Interest Rates

Here are a few interesting comments on how rising interest rates might impact the real estate market as we move forward.   Zillow   Dr. Svenja Gudell, Senior Economist   “As long as mortgage interest rates don’t rise too far and too fast, most markets should be able to … [Read more...]

Home Prices Pick Up Steam

  Median home prices continued to rise in the majority of metropolitan areas in the second quarter, with the national year-over-year price showing the strongest gain in seven-and-a-half years, according to the latest quarterly report by the National Association of Realtors®. Despite … [Read more...]

Where is Home Prices Headed?

Today, many real estate conversations center around housing prices and where they may be headed. Some believe rapidly rising prices have created a new ‘housing bubble’. Others believe that the sudden rise in interest rates will impact purchasing power to such a degree that it will force prices … [Read more...]


Well cared for semi detached brick 2 1/2 story. 3 Large bedrooms, 1 bath with Master bedroom with balcony, private fenced shaded yard. (see also 209 S Gannon Street) Buy both for $75,000. Live in one Rent out the other. MLS 210608 - $49,900 … [Read more...]

Why you Should Buy that Home

  Prices Will Continue to Rise The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report released last week projects appreciation in home values over the next five years to be … [Read more...]

A great time to Move UP

Thinking of moving up? With still very low interest rates, and some of the best home prices in years, now is a great time! … [Read more...]

Pending Home Sales Slip in June

After reaching the highest level in over six years, pending home sales declined in June, with rising mortgage interest rates beginning to impact the market, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract signings, … [Read more...]