The rapidly rising home prices currently found in many parts of the United States make it seem like the Great Recession of 2008 never happened. It took approximately eight years for home prices to recover the values that were equivalent to those they … [Continue reading]
What’s Ahead For Mortgage Rates This Week – September 9th, 2019
Last week’s economic reports included readings on construction spending, public and private-sector jobs and the national unemployment rate. Weekly reports on mortgage rates and first-time jobless claims were also released. Construction Spending … [Continue reading]
New Home Prices Going Down Making Them More Affordable
Residential real estate developers in America are responding to a national slowdown in new home construction by building smaller homes that are more modestly priced. The demand for smaller, less expensive homes is growing, while the overall demand … [Continue reading]
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