Housing affordability weakening at fastest pace in quarter century

With weakening housing affordability, home prices will begin to ease bringing buyer relief. Rising home prices, rising mortgage rates and rising demand are colliding with a critical shortage of homes for sale. And all of that is slamming housing affordability. Source: Housing affordability weakening at fastest pace in quarter century

Market Stats, Placer County Foothills Single Family Homes

It’s a seller’s market in Placer County.  If you are a buyer, you need to be prepared.  You will still have the advantage of comparably low interest rates, but they are on the rise. If you are a seller, it may be the best time to sell. It’s also a good time to “move up”…

The Nation’s Housing Market Back to Pre-Recession Levels

The Bay Area’s housing market has been extremely hot for some time now, but it has taken other parts of the country a while longer to get back on track from the recession. Now it seems that the rest of the nation has finally joined in the “house party.” The National Association of Realtors® reported…