Monthly Archives: March 2023
Home Sales Ticked Up
Good Monday Morning! Finally, some good news in the national Real Estate world! Home sales ticked up for the first time in over a year. Home sales which picked up in February were far above predicted levels. The surge came on the heels of a brief redu... Read More
Good News Comes From The Turmoil Of Recent Bank Failures
Good Monday Morning! With all of the uncertainty created by recent bank failures, there may be some good news for mortgage interest rates that comes about as a result of the turmoil. Mortgage rates are tied closely to 10 year Treasury yields. As the 1... Read More
Ability To Purchase Homes Worsens With Recent Bank Failures
Good Monday Morning! As the nations economic condition worsens with the latest chapter of bank failures and the governments decision to bail out failed banks, the ability to purchase homes also worsens. With inflation number remaining high, mortgage i... Read More
The Eugene & Springfield Real Estate Market Remains Interesting
Good Monday Morning! The Real Estate market in the Eugene and Springfield area remains interesting. Typically, when there is a downturn in the economy and mortgage interest rates rise, home prices come down. So far, that has not really been the situat... Read More