Monthly Archives: December 2019

New Home Sales Improve

New Home Sales Improve

Median Sales Prices Jump to $330,800. Sales of newly built homes rose in November according to the U.S. Census Bureau and Department of Housing and Urban Development (HUD). New home sales increased by 1.3% from October for an seasonally adjusted annual rate of 719,000. Last year, this was much lower at 615,000, so this is […]

Home Builder Sentiment Best in 20 Years

A stronger economy and a severe housing shortage have the nation’s home builders feeling better than they have in two decades. Builder confidence in the newly built, single-family home market jumped 5 points in December to 76, the highest reading since June 1999, according to the National Association of Home Builders Housing Market Index. Anything […]

Loan Limits Raised

Many homebuyers can now get a Conventional mortgage rather than a Jumbo mortgage. Fannie Mae and Freddie Mac have announced their new (and higher) conforming loan limits for 2020 and the good news is that more home buyers will be able to purchase a home via a conventional mortgage than being forced to obtain a […]

Tips To Sell Your Home In Winter

Winter is just around the corner and while houses usually do not sell as well in winter as in the warmer seasons, there are some things you can do to to make buyers more likely to visit your open house. Here are several things to try when selling your home in winter. Clear Snow This […]