by Eliot Force | Apr 2, 2024 | Economy
When mortgage rates dipped late last year, real estate agents John and Robert Farrell saw more sellers coming to them and thought the unbalanced housing market might be beginning to normalize. Those hopes quickly faded. As far as demand is concerned, business has been...
by Eliot Force | Mar 30, 2024 | Economy, Housing
The price of homes rose again in January as demand continues to outpace low supply caused by high interest rates. The S&P CoreLogic Case-Shiller index, which measures home prices, reported a 6% year-over-year increase for the month of January. That’s up from a...
by Eliot Force | Mar 7, 2024 | Economy, Featured, Housing
Home prices grew at a solid rate in December despite persistent high interest rates. The S&P CoreLogic Case-Shiller index, which measures home prices, reported a 5.5% year-over-year increase for the month of December. That’s up from a 5.0% increase in November....