Jeffrey Ulik, Realtor

09/17/2021

Homeowners are getting creative with rental options. Would you do this with your pool home?

One owner has hosted 2,700 guests in less than a year and expects to earn $111,000 by the end of the summer.

09/16/2021

It's time to list and sell as new-home sales tumble due to building contracts slowing down.

Sales of new homes have been trending lower as construction costs increase and the price of building materials remains high.

09/15/2021

Mortgage rates hit new all-time low for 15-year loans!

Interest rates for a 15-year mortgage hit new all-time lows amid high sale prices and low inventory. Rates for 30-year loans dipped as well.

09/14/2021

The higher prices for lots—along with material costs—have pressed on buyers’ and builders’ budgets in building new homes! Read on below ✔️

The higher prices, paired with more expensive building materials, are pressing hard on new-home buyers’ budgets.

09/13/2021

The competition in the housing market is showing some signs of easing. More markets are reporting price cuts and fewer bidding wars. That may open the door to some priced-out home buyers this fall!

Sixty percent of offers faced competition in July—the lowest level since January.

09/10/2021

Annual home price growth reached an all-time high of 18 percent in May. The demand for buying is still skyrocketing... click the link for more!

Annual home price growth reached an all-time high of 18 percent in May, according to the Federal Housing Finance Agency's latest home price index report.

09/09/2021

Top 10 Hottest Zip Codes in America shows that homebuyers are eager to escape busy urban centers for more affordable, less dense suburbs! Is your zip on this list? Find out ⬇️

This year's list of the Hottest Zip Codes in America shows that homebuyers are eager to escape busy urban centers for more affordable, less dense suburbs.

09/08/2021

While demand for new homes remains high, the pace of new construction reflected softening homebuilder confidence as builders grappled with the opportunity to shore up profitability now that lumber prices are declining from recent spikes.

09/07/2021

First-time buyers have been budgeting, working on their credit scores and saving toward a down payment even as many have become less confident in their ability to secure their first house, according to the new report from JPMorgan Chase & Co.

A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals.

09/06/2021

Fears Over Delta Variant Drive Mortgage Rates Down. The time to buy continues with lower rates and more inventory on the market!

The 30-year loan averaged 2.78% this week as economic uncertainty rises and home prices hit a new all-time high.

09/03/2021

Foreclosure Ban Nears End; White House Vows More Aid. Check the details below!

With more than 1.5 million owners seriously delinquent on their mortgage, new measures aim to keep them in their homes.

09/02/2021

Thanks to rising household income and a dip in mortgage rates, First American shares the impact of increased house-buying power and potential home sales. See more of the demographic data by clicking the link ⏬⏬⏬

First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales Model, examining the housing market's performance against its potential.