Category: Growth Markets

How 8% Mortgage Rates are Impacting the US Housing Market in 2023

November 24th, 2023
The housing market in 2023 is facing a perfect storm of challenges that is sending shockwaves throughout the industry. Housing prices have been soaring, supply is painfully tight, and to add to the chaos, the 30-year fixed mortgage rate has …Read more  »

Houston’s Homes Sales Show Resilience with Minor Dip in October 2023

November 21st, 2023
Despite facing its 19th consecutive month of year-over-year declines in home sales, Houston's housing market exhibited resilience in October 2023, marking the smallest dip of the year. The Houston Association of Realtors reported that single-family home sales, totaling 6,377, experienced …Read more  »

Fed’s Powell Urges Flexibility in Face of a Dynamic Economy

November 8th, 2023
Federal Reserve Chair Jerome H. Powell, in a recent address at the Federal Reserve, emphasized the need for flexibility in economic forecasting. Powell, a central figure in the nation's monetary policy, spoke during a news conference held on Wednesday, November …Read more  »

Mortgage Rates Reach Historic Highs: 8% Marks a 23-Year Record

October 31st, 2023
Americans seeking to secure mortgages for their homes are now grappling with the highest mortgage rates in over two decades. The average interest rate for a standard 30-year fixed-rate home loan has surged to 8% for the first time since …Read more  »

Florida Housing Market Welcomes Fischer Homes as New Builder

October 27th, 2023
In a significant development for the Florida housing market, Fischer Homes, a well-established builder from Kentucky, is making its mark in the Northwest Florida region with the acquisition of Samuel Taylor Homes. This strategic move not only adds another player …Read more  »

US Home Values Rise as Housing Market Avoids Crash in 2023

October 24th, 2023
US home values are on the rise in 2023, avoiding a houing market crash that many economists had predicted. The housing market remained strong throughout the year, despite rising interest rates and inflation. There are a number of factors that …Read more  »

California Housing Market Navigates Challenges Amid High Interest Rates

October 24th, 2023
California Association of Realtors (C.A.R.) recently published a comprehensive report providing insights into the current state of the California housing market amidst persistently high mortgage rates. The data paints a nuanced picture of the market, presenting both challenges and opportunities …Read more  »

Canada Interest Rate Hikes October 2023: What You Need to Know

October 24th, 2023
If you are a Canadian homeowner, borrower, saver, or investor, you might be wondering what the Bank of Canada (BoC) will do with its policy interest rate in October 2023. The BoC is the central bank of Canada and it …Read more  »

Southwest Florida Builder Offers Affordable Turnkey Homes Amid Housing Crisis

October 24th, 2023
A Ray of Hope in the South Florida Housing Market In a housing market plagued by rapidly rising prices and interest rates, the dream of owning a home in Southwest Florida seemed increasingly out of reach for many. Recent reports …Read more  »