Market Updates

Dec. 16, 2022

The Fed's rate hike could negatively or positively impact you

The key rate was increased by the Fed on Wednesday, reaching a range of 4.25% to 4.5%, the highest level in 14 years. 

The seventh rate increase this year by the Fed will make borrowing for homes, cars, and other purchases considerably more expensive for families and ...

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Posted in Market Updates
Nov. 2, 2022

New Construction Home Builder Incentives in Port St Lucie Florida

New Construction Home Builders in Port St. Lucie, Florida Reacting to Low Buyer Demand

November 2, 2022

Port St. Lucie is one of the fastest growing cities in Florida over the more recent years. As families continue to move to the area, the demand has increased for new construction homes ...

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Posted in Market Updates
Oct. 14, 2022

Mortgage Rates On The Rise Hitting 6.92% This Week

Mortgage Rates On The Rise Hitting 6.92% This Week

 

October 14, 2022

 

At its September meeting, the Fed increases interest rates and is expected to push mortgage-rates even higher.

 

This week, the average long-term mortgage rate in the United States rose to its highest level in ...

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Posted in Market Updates
June 19, 2020

Mortgage Rates

interest rates illustration with calculator and fever lines

JUNE 18, 2020

Mortgage Rates Again Hit New Record Low – 3.13%

Last week, the average 30-year mortgage rate was 3.21%. The latest weekly FRM rate of 3.13% is the lowest recorded since Freddie Mac started tracking them in 1971.

WASHINGTON (AP) – Long-term U.S. mortgage ...

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Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

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Posted in Market Updates