Monthly Archives: October 2023
Good Monday Morning! The news for homebuyers has not improved over the last several weeks. A slow national market that has been created by a very low inventory of homes for sale and the highest mortgage interest rates in decades continues. What could ... Read More
Typically, if mortgage interest rates rise, home prices decline to compensate. This has not been the case lately.
Good Monday Morning! Several years ago, I could never have imagined a Real Estate market like the one we are seeing today. Typically, if mortgage interest rates rise, home prices decline to compensate. Just the opposite takes place when rates go down.... Read More
Good Monday Morning! Would be homebuyers today are in a state of panic over the increased cost of a home mortgage. In many cases we are finding avenues for people wanting to purchase a home that work well of them. The home buying scenario is different... Read More
Good Monday Morning! There have been some recent changes in the national housing market that should be watched. First of all, mortgage interest rates have certainly increased over the past several weeks, with rates now in the high 7% to low 8% range. ... Read More
Good Monday Morning! One of the leading culprits with our slow Real Estate market in the Eugene and Springfield area and around the country is the low inventory of homes on the market for sale. Right now, there are clearly more home buyers than there ... Read More