by Jim Crowder | Jan 3, 2014 | HOUSING MARKET
According to Freddie Mac’s mortgage survey, the average fixed-rate mortgage is continuing to see a slight increase. Pending home sales jumped 0.2% last month, and consumer confidence also experienced additional growth as 2013 came to a close. 30-year fixed-rate...
by Jim Crowder | Jan 2, 2014 | HOUSING MARKET
This last year was decidedly positive overall for the housing market, and many experts expect the trend to continue into 2014. Prices, sales, and mortgage rates are all expected to march into the new year on a strong note while slowly increasing throughout the coming...
by Jim Crowder | Dec 31, 2013 | HOUSING MARKET
Four cities and 13 states will experience an increase in minimum wage starting on January 1, 2014. Most minimum wage increases amount to approximately 15 cents per hour, while other locations such as New York, Connecticut, Rhode Island, and New Jersey will see a...
by Jim Crowder | Dec 30, 2013 | HOUSING MARKET
New home sales in the U.S. have taken a slight fall, decreasing 2.1% last month and falling from a five-month high. According to the Commerce Department, sales volume decreased to a seasonally-adjusted annual rate of 464,000. Although percentages are down from the...
by Jim Crowder | Dec 27, 2013 | HOUSING MARKET
A new study has found that some locations may be more desirable than others for baby boomers to live. The study uncovered many factors that play a role in where seniors want to live, such as health care access and climate. Raleigh, NC, Austin, TX, and San Antonio all...
by Jim Crowder | Dec 26, 2013 | HOUSING MARKET
New data that has been released suggests the housing market will continue to strengthen in 2014. While the predictions for housing market growth are extremely positive, the economy is not expected to expand substantially. Interest rates are expected to remain low, and...
