Days On The Market By Price Range
Days On The Market By Price Range
Mortgage Rates Decrease
October 10, 2019
Despite the economic slowdown due to weakening manufacturing and corporate investment, the consumer side of the economy remains on solid ground. The fifty-year low in the unemployment rate combined with low mortgage rates has led to increased homebuyer demand this year. Much of this strength is coming from entry-level buyers – the first-time homebuyer share of the loans Freddie Mac purchased in 2019 is forty-six percent, a two-decade high.
Information provided by Freddie Mac.
August Monthly Skinny Video
“There’s a lot of interest in the housing market and how a changing economy affects one’s position within it.”
July Monthly Skinny Video
Home price growth has slowed and now more closely matches income and wage growth – a healthy development.
Monthly Skinny Video
Despite strong buyer demand, sales totals are lower due to a lack of affordable supply
June Monthly Skinny Video
Despite strong buyer demand, sales totals are lower due to a lack of affordable supply
