Kenneth Bargers Blog

NAR Survey: More People Feel Positive About Buying, Selling

09/23/2019

NAR Survey: More People Feel Positive About Buying, Selling National Association of REALTORS®| September 23, 2019 Low mortgage rates are fueling more favorable opinions on home buying. Nearly two-thirds of Americans—or 63%—believe now is a good time to buy a home, shows the National Association of REALTORS®’ newly released Housing Opportunities and Market Experience Survey, reflecting more than 2,700 consumer responses from the third quarter. Thirty-four percent in the third quarter said they

Hot Investment Markets to Watch in 2020

09/21/2019

Hot Investment Markets to Watch in 2020 REALTOR® Mag News | Urban Land Institute | September 20, 2019 Austin, Texas, is the top city for investing in real estate heading into 2020, ranking first out of 80 cities for its real estate prospects, according to the Urban Land Institute and PricewaterhouseCooper’s newly released “Emerging Trends in Real Estate 2020” report. Rounding out the top five are: Raleigh-Durham, N.C. Nashville, Tenn. Charlotte, N.C. Boston The highest-ranked markets for

Mortgage Rates Post Biggest Jump in Nearly a Year

09/20/2019

Mortgage Rates Post Biggest Jump in Nearly a Year Freddie Mac | September 20, 2019 Mortgage rates jumped dramatically this week but stand to dip some in the near future after the Federal Reserve lowered interest rates Wednesday. The 30-year fixed-rate mortgage rose to a 3.73% average—its largest week-over-week increase since October 2018. However, despite the uptick, rates remain historically low, Freddie Mac reports. So tell your buyers not to panic in the face of this latest hike. “Despite

More New Homes Are Entering the Pipeline

09/20/2019

More New Homes Are Entering the Pipeline NAHB | September 19, 2019 Housing starts posted “healthy gains” in recent weeks as homebuilders feel more confident about the new-home market, the National Association of Home Builders reports. Led by an increase in multifamily production, total housing starts surged 12.3% in August, reaching a seasonally adjusted annual rate of 1.36 million units, the Commerce Department reported Wednesday. This marks the highest level since May 2007. Single-family

Home Sales Up for Second Consecutive Month

09/19/2019

Home Sales Up for Second Consecutive Month National Association of REALTORS® | September 19, 2019 Existing-home sales rose in August, marking two consecutive months of gains, even as a limited number of homes for sale remains a pressing issue on the market, the National Association of REALTORS® reported Thursday. Three of the four major regions of the U.S. saw an uptick last month, the West being the only region not to see an increase in sales. “As expected, buyers are finding it hard to

Mortgage Rates Reverse, Post Increases This Week

09/13/2019

Mortgage Rates Reverse, Post Increases This Week Freddie Mac | September 13, 2019 The 30-year fixed-rate mortgage reversed course this week, rising to an average of 3.56%. Despite the uptick, this is the first time that the 30-year fixed-rate mortgage has been under 3.6% for more than four consecutive weeks since the fourth quarter of 2016, Freddie Mac reports. “Pipeline purchase demand continues to improve heading into the late fall with purchase mortgage applications up 9 percent from a year

NAR Survey: More People Feel Positive About Buying, Selling

Hot Investment Markets to Watch in 2020

Mortgage Rates Post Biggest Jump in Nearly a Year

More New Homes Are Entering the Pipeline

Home Sales Up for Second Consecutive Month

Mortgage Rates Reverse, Post Increases This Week

In The News Blog

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