Tag Archives: David Fogg

Rising Mortgage Rates, Home Prices a Lethal Brew

Still, rising rates could not come at a worse time for the housing recovery. Home prices rose over ten percent in March, according to the latest surveys from SP/Case-Shiller. Every one percentage point rise in mortgage rates reduces the average … Continue reading

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Home Buyers Are Back, but Where Are the Houses?

“Some listings are vanishing from a strategic decision of waiting for an even a higher price later. Some are due to few newly built homes available to trade-up to, hence some current existing home owners are unwilling to list. Some … Continue reading

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Home Sales Contracts Rise, But Cancellations Run High

Page 1 of 3 | Next PageShow Entire Article Last month, the National Association of Realtors reported a huge jump in cancellations of pending home sale contracts. 16 percent of contracts didn’t make it to closing, up from a norm … Continue reading

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