Capital Hill Realty & Management

11/05/2021

Here's how Chief Economist Mark Fleming explained why economic uncertainty actually boosted the housing market’s potential for existing-home sales. Full data is below! ⏬⏬⏬

First American Chief Economist Mark Fleming explains why economic uncertainty in August actually benefited the housing market’s potential for existing-home sales.

11/05/2021

Here's what you need to know about the housing market seasonality. Click the link to see how First American Deputy Chief Economist Odeta Kushi examines home-buying activity tends to follow predictable seasonal patterns.

First American Deputy Chief Economist Odeta Kushi examines whether or not the pandemic has shifted the housing market’s traditional seasonality patterns.

11/03/2021

Learn how mortgage financing giant's forbearance programs have been extended for multifamily protections. See how the fourth extension takes place by clicking the link ⏬

Fannie Mae and Freddie Mac announce they will continue to offer forbearance to qualified multifamily owners.

11/02/2021

See how the 15-year and 30-year mortgage rates are comparing while the economy continues to grow!

Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans.

11/01/2021

The best time to buy a home is officially here! The majority of markets will hit their home-buying sweet spot with more homes for sale, lower prices, and less buyer competition. Read the report ⬇️

From Sept. 12 to Oct. 17, the majority of U.S. housing markets will reach their “sweet spot” with more listings, lower prices, and less competition.

10/29/2021

Learn how affordability has changed in all 50 top markets since the previous housing boom peak. An economist shares his proprietary Real House Price Index data ⬇️

First American Chief Economist Mark Fleming shares his proprietary Real House Price Index, examining how affordability has changes in all 50 top markets since the previous housing boom.

10/28/2021

Record home-price gains $1 Trillion in Q2. Black Knight's data and analytics division reported, “A rising tide lifts all boats as they say, including homeowners in forbearance".

The average mortgage holder now has $173,000 in equity. “This is by far the strongest growth we’ve ever seen,” one housing analyst says.

10/27/2021

Data on both existing home sales and new home sales in July showed that the housing market performed largely as expected, with a slight pick-up in the month but momentum notably down from last winter’s peak activity. Read more below!

Aug 26: The Freddie Mac mortgage rate for a 30-year fixed-rate was up just 1 basis point this week to 2.87%, marking the third week in a row of relative steadiness. With the stock market hitting new highs and investors continuing to digest the July Fed meeting minutes while they await Chair Powell.....

10/26/2021

Lead Economist Taylor Marr says: “The market hasn’t cooled off any further than it usually does this time of year, and we expect homebuying demand to remain strong through the fall.”

Need to buy or sell? The time is NOW!

During the four-week period ending Sept. 5, pending sales rose 6 percent from a year earlier, according to a report on Wednesday by Redfin.

10/25/2021

The housing market remained one of the strongest sectors of the post-pandemic economy as new-home prices remained at a survey high which lead to higher home sales compared to last year. Continue reading on ⏬

Still, low mortgage rates and fewer existing homes on the market are leading to an increase in sales.

10/22/2021

PennyMac and UWM is jumping the gun as they offer higher balance conforming loans of up to 14% above the current baseline for single-family homes, nationally. Story continues ⬇️

10/21/2021

The strong purchase market and continued appreciation helped drive the historic volume in title insurance premiums. See more of ALTA's report ⏬

Rising home sales and prices helped title insurers post their best second quarter earnings ever, thanks to lower claims and a surge in premiums.