by Alli Roth | Mar 6, 2020 | Housing Market, Housing Market Updates, McCormick Ranch Market Update, McCormick Ranch Real Estate
With 52 McCormick Ranch homes sold in February, we are kicking off 2020 in a hot market! That is 32 more closings than the previous month and 67% more than the number of homes sold in February of 2019. Inventory is at a near-historic low (and could drop lower), but...
by Alli Roth | Mar 5, 2020 | Housing Market, Housing Market Updates, McCormick Ranch Market Update, McCormick Ranch Real Estate
The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have...
by Alli Roth | Feb 13, 2020 | Housing Market, Housing Market Updates, McCormick Ranch Market Update
McCormick Ranch homes sales were average this past month. In this sellers market, a fresh new supply of inventory would be very helpful to keep the momentum going as we continue on in 2020. Do you hear that homeowners? Now is a great time to get your property listed,...
by Alli Roth | Jan 24, 2019 | Buying, Housing Market, Interest Rates, Selling
Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact...
by Alli Roth | Jan 10, 2019 | Housing Market, Interest Rates
Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market...
by Alli Roth | Dec 28, 2018 | Buying, Housing Market, Selling, Statistics
Some Highlights: Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% over the course of...
