Dominic Valenti-Baird & Warner

06/19/2022

Happy Father's Day Dad!

06/11/2022

US Housing Market Entering Cooling Mode
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Sales of new homes decreased by 16.6% in April this year. The drop in sales can be explained by higher mortgage rates, overvalued houses, and the possible increase in unemployment rates in the near term.

06/05/2022

New home sales fall in April as interest rates rise
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In April, those sales fell 16 percent from the month before. It’s a drop of nearly 27 percent from April 2021. The region with the lowest drop in sales in April was the northeast.

06/04/2022

The Housing Market Is Showing Signs of a Correction: What This Means for Buyers and Sellers
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Median home list prices in America hit a new high of $425,000 in April. Average mortgage interest rates climbed to 5.25% in the week ending May 19. Fewer buyers are seeking mortgages because they can’t afford the double whammy.

05/30/2022

05/29/2022

Housing supply is finally improving, as high prices and rising rates weigh on sales
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The supply of homes for sale could increase in the next few weeks, according to new data from Realtor.com. The typical home spent just 34 days on the market, six days fewer than a year ago, which beat the previous record low of 36 days in June 2021, according to Realtor.com. “Although inventory is...

05/28/2022

Housing market: Supply showing signs of improvement, but will trends hold?
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Active listings posted the smallest year-over-year decline since before the COVID-19 pandemic came to the U.S. The inventory bump was led by increases in the share of midsize homes, which could mean more listings for families looking to upgrade.

05/24/2022

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.

How much is your home worth? Type your property address and get a quick home estimate.

05/21/2022

Supply Shortage, Rising Rates Push Buyers Into Homes Sooner
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Rising rates, alongside inflated prices, have produced a difficult buying environment as the cost of homeownership increases, but could also deter prospective...

05/20/2022

Illinois Market Update

05/08/2022

Housing: Will rising mortgage rates end the boom?
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The smartest insight and analysis, from all perspectives, rounded up from around the web: Surging mortgage rates are starting to test the resilience of "the gravity-defying pandemic housing