June 29, 2018 Mortgage rates declined this week, marking the fourth drop in the past five weeks, Freddie Mac reports. “The decrease in borrowing costs is a nice slice of relief for prospective buyers looking to get into the market this summer,” says Sam Khater, Freddie Mac’s chief economist. “Some are undoubtedly feeling the affordability […]
Want to know how the local housing market is doing? Here are Palos Verdes Peninsula Home Sales statistics for first quarter 2018. View Palos Verdes PDF
WASHINGTON (May 14, 2018) – Inventory levels hovering at all-time lows weighed down home sales and fueled faster price appreciation during the first three months of the year, according to the latest quarterly report by the National Association of Realtors®. The national median existing single-family home price in the first quarter was $245,500, which is up 5.7 […]
We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. Two major reports released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house. Let’s look at the […]
WASHINGTON (December 2, 2017) – The U.S. Senate today passed tax reform legislation that the National Association of Realtors® believes puts home values at risk and dramatically undercuts the incentive to own a home. NAR President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty, offered strong concerns over the […]