Interest Rates Impacting Real Estate – June 26 2015 – Issue 5

This is the 5th edition of the weekly overview of interest rates impacting real estate: 10-year constant-rate Treasury Notes and 30-year fixed-rate residential loans. To see the prior edition click http://blog.stewart.com/stewart/2015/06/22/interest-rates-impacting-real-estate-june-19-2015-issue-4/ The first graph shows the 10-year Treasury note for the past 30 days. Rates, after easing the prior week, resumed their upwards pace with …Read more

May 2015 Existing Home Sales Robust — Up 9.2 Percent Year-Over-Year and 5.1 Percent Sequentially From April, Price Within 1 Percent of All-Time High

Existing home sales in May 2015 posted a solid 9.2 percent increase on a seasonally adjusted annualized rate (SAAR) compared to a year ago and rose 5.1 percent from April 2015 as first-time home buyers increased, reported the National Association of Realtors® (NAR). Median price ramped up 7.9 percent from a year ago to $228,700, …Read more

DrTCJ Tweets May 22 2015 – June 18 2015

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? It reminds me of Mark …Read more

Interest Rates Impacting Real Estate – June 19 2015 – Issue 4

This is the fourth edition of the weekly overview of interest rates impacting real estate: 10-year constant-rate Treasury Notes and 30-year fixed-rate residential loans. To see the prior edition click http://blog.stewart.com/stewart/2015/06/15/weekly-interest-rates-analysis-impacting-real-estate-june-12-2015/ The first graph shows the 10-year Treasury note for the past 30 days. Rates eased slightly last week as the Federal Reserve once again …Read more

Another Top-10 List — States with the Highest and Lowest Residential Loan Down Payments

Absent from the housing recovery, at least until now, has been first-time homebuyers. Increased Credit Scrutiny, Dodd-Frank, Qualified Mortgages, Job Losses, Slow Economic Recovery and Student Loans have taken their toll. Key to limiting first-time homebuyers, however, has been the increased down payment since 2007 which has barred many prospective homeowners and relegated them to …Read more