Tuesday, May 31, 2016

Homebuying, not refinancing, drives mortgage applications up 2.3%

Slightly higher mortgage rates did not deter homebuyers looking for a loan last week.
from Cindy Harper - Central Oregon Real Estate http://ift.tt/1qIVyXo

Friday, May 27, 2016

Why homesellers are pulling back in this busy season

In the heart of the busiest season for housing, homesellers are pulling back. New listings in April fell 1.1 percent from a year ago, according to Redfin, a national real estate brokerage. That may not seem like a lot, but with the number of homes for sale extremely low and demand for homes high, the drop in new listings is unexpected and unwelcome. The reason has less to do with buyer demand and more to do with seller anxiety.
from Cindy Harper - Central Oregon Real Estate http://ift.tt/252zfeR

Thursday, May 26, 2016

Lowest rates in a year no enticement: Mortgage applications down 1.6%

Total mortgage application volume fell 1.6 percent last week from the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association. Volume was 18.4 percent higher than the same week one year ago.
from Cindy Harper - Central Oregon Real Estate http://ift.tt/1YBxYaV

Tuesday, May 10, 2016

Real estate market recap: May 2-6, 2016

The big news in real estate markets, recapped for your convenience
from Cindy Harper - Central Oregon Real Estate http://ift.tt/1T9ApQj

Monday, May 9, 2016