Inflation I think I mentioned this 12 months ago…. INFLATION is FULL STEAM AHEAD! And it’s not over yet. Just a recap of what inflation is: Inflation is an increase in the price level of goods and services throughout a specific time frame. Basically, it means that
Read more →What’s happening in the real estate industry you ask? Check out these top headlines! BRING IT ON! A GIANT PORTAL is on the rise and they are NOT afraid to show it. Rents continue to rise…. How this affect the home purchasing maket. Co-Star has purchased
Read more →Building Material Prices: Large Increases Year to Date Although the recent drop in softwood lumber prices since mid-May is helping bring costs down (after having driven them up drastically earlier in the year), the decline has been offset by large increases in the prices of several other building material
Read more →Nationally – According to the NAR | U.S. housing market: quick rebound, low supply, prices continue to surge. Here is their why: “Looking back at the bubble years, house prices exceeded house-buying power in 2006 nationally, but today house-buying power is nearly twice as high as the
Read more →Crickets…. This is what we have heard for the last month or so, in regard to the possibility of a Home Buyer Tax Credit. Here is what the administration was proposing: Biden’s $15K first-time homebuyer tax credit now a bill: The First-Time Homebuyer Act would provide a
Read more →What is going on lately in the Real Estate Industry? Check out this month’s update from the desk of Laura Piatt, Ticor Title Mid-Valley Sales Manager Who’s tired of hearing about the wood? I for one, am tired of talking about it. In short, it will continue
Read more →What is going on lately in the Real Estate Industry? Check out this month’s update from the desk of Laura Piatt, Ticor Title Mid-Valley Sales Manager Homebuyers canceling contracts as lumber costs CONTINUE soar…..Increasing of mortgage rates are not helping either.Let’s talk about it! Rising costs for lumber
Read more →What is going on lately in the Real Estate Industry? Check out this month’s update from the desk of Laura Piatt, Ticor Title Mid-Valley Sales Manager Mortgage Rates Hit Three Percent March 4, 2021 – Sam Khater, Chief Economist at Freddie Mac“Since reaching a low point in
Read more →