Alex Prout - Sloan Realty Group

https://www.morningstar.com/news/marketwatch/2024082786/home-prices-reach-new-record-high-in-june-case-shiller-says

Home prices reach new record high in June, Case-Shiller says MarketWatch Home prices reach new record high in June, Case-Shiller says Provided by Dow Jones Aug 27, 2024 1:00pm By Aarthi Swaminathan Home prices grew the fastest in New York, followed by San Diego and Las Vegas The numbers: Home prices in the 20 biggest U.S. metros set another record high in Jun...

https://www.sloanrealtygroup.net/blog/your-august-2024-myrtle-beach-housing-market-update/

Your August 2024 Myrtle Beach Housing Market Update Updating you on Myrtle beach home prices, housing supply, and more.

https://eyeonhousing.org/2024/08/best-quarter-for-custom-home-building-in-almost-two-years/

Best Quarter for Custom Home Building in Almost Two Years NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates gains for custom home building after some recent slowing. Custom home building typically involves home buyers less sensitive to changes for interest rates. There were 52,000 total custom...

https://www.mortgagenewsdaily.com/markets/mortgage-rates-08142024

Mortgage Rates Dip Back Below 6.5% Today brought the release of important economic data with the power to cause a sharp increase or decrease in mortgage rates.  There are a wide variety of economic reports that guide investors as well as Fed policy (which in turns has an impact on investor decisions).  All of the ab...

https://www.mortgagenewsdaily.com/news/08142024-mortgage-application-volume

Mortgage Application Volume Soars, Refi Index Up 35% A second week of lower interest rates appeared to send homeowners scrambling to refinance their higher-rate mortgages assumed over the last few years. The Mortgage Bankers Association said its Market Composite Index, a measure of mortgage loan application volume, increased 16.8 percent on a seasonal...

https://www.keepingcurrentmatters.com/2024/08/13/is-affordability-starting-to-improve/

Is Affordability Starting To Improve? Over the past couple of years, a lot of people have had a hard time buying a home.

https://www.mortgagenewsdaily.com/markets/mortgage-rates-08052024

Lowest Mortgage Rates in More Than a Year As of Friday, the average top tier 30yr fixed mortgage rate was merely at the lowest levels of 2024.  A modest additional drop this morning brought that number to the lowest level since April 2023. In the big picture, rates have been moving consistently lower due to an ongoing bond market r...

https://www.mortgagenewsdaily.com/markets/mortgage-rates-08022024

Rates Plummet as The Market Buys Into The Big Shift The events of this past week serve as an exclamation point in one of the many sentences that tells the story of the big shift away from the generationally high rates seen at the end of 2023.  The story has had its ups and down since then, but it had been going fairly well for fans of low ra...

https://www.sloanrealtygroup.net/blog/your-july-2024-myrtle-beach-housing-market-update/

Your July 2024 Myrtle Beach Housing Market Update What you need to know about Myrtle Beach’s housing market right now.

https://www.mortgagenewsdaily.com/markets/mortgage-rates-07312024

Rates Drop to Another Long-Term Low After Fed Announcement The Fed didn't cut rates today and rates then moved quickly lower.  Naturally, there's more to the story than that, but the paradox is a good reminder that the market reacts in real time to things that won't happen for months.   Specifically, the Fed's next...

https://www.mortgagenewsdaily.com/news/07312024-pending-home-sales

June Pending Home Sales Benefit From Inventory Growth Signed contracts for home sales increased in June, a broad-based improvement seen in all four major regions of the country. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI) which tracks those contracts increased 4.8 percent, from a reading of 70.9 to 74.3 . D...

https://www.mortgagenewsdaily.com/markets/mortgage-rates-07292024

Mortgage Rates Start Week at 6 Month Lows Although the range has been very narrow for the past few weeks, average mortgage rates nonetheless fell to the lowest levels in more than 6 months.  Top tier conventional 30yr fixed scenarios are well into the high 6's now, with our proprietary daily average at 6.81, matching the levels...

https://www.keepingcurrentmatters.com/2024/07/29/are-home-prices-going-to-come-down/

Are Home Prices Going To Come Down? Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening.

https://www.keepingcurrentmatters.com/2024/07/23/why-a-foreclosure-wave-isnt-on-the-horizon/

Why a Foreclosure Wave Isn’t on the Horizon Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets.

https://www.mortgagenewsdaily.com/markets/mortgage-rates-07172024

Mortgage Rates Holding Near 5 Month Lows Despite an active calendar of events that had the potential to cause volatility, average mortgage rates managed to remain unchanged in the morning and to move slightly lower in the afternoon.  Last Thursday's inflation data helped 30yr fixed rates drop to 5 month lows and there hasn& #39...