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Monthly Archives: December 2014

Affordability across the country varies as we anticipate 2015

The holidays are almost over and, as such, many people are beginning to look towards the start of next year to determine where they would like to be. For some, this applies to their career or physical health, while for others, it means looking to buy or sell their current home.

But as the prices of houses rise (seemingly) each week, it can be hard to know when is the right time to invest. According to The Mortgage Reports, we are currently seeing the lowest mortgage rates in over a year, but cost for buyers has steadily increased through each quarter of 2014.

New Freddie Mac survey offers insight to housing market

In the past few months, we have been tracking market movement across the country. There has been a lot of shifts and changes that have come into play for potential sellers and buyers as homeowners consider investing in the industry. This year, we have seen an overwhelming steadying or stabilization of the market in this post-recession economy, but many aspects of the industry are still working to reach pre-recession levels.

In the most recent release of the Primary Mortgage Market Survey (PMMS) issued by Freddie Mac, there were some enlightening points in the report that indicate some developments in the market.