Roger Martin - Loan Officer - NMLS #395488

06/10/2024

Great article and worth the read. Rates are not going to drop dramatically and supply is not going up enough to make prices come down.

04/22/2024

Great article and another reason why the single family housing market remains strong.
https://eyeonhousing.org/2024/04/buyer-preference-for-a-detached-home-remains-strong/

A recent NAHB study on home buyer preferences* found that a single-family detached home remains the first purchase option for two of every three buyers. Far smaller shares are looking to buy a townhome (16%), a multifamily home (10%), or a manufactured home (5%). In the face of such strong preferenc...

02/23/2024

Good article on the status of the housing market. Good validation that lower rates will only increase demand and prices. Worth a read!

https://www.cnbc.com/2024/02/22/existing-home-sales-rose-3percent-in-january-2024.html?__source=realestate|news|&par=realestate

Sales of previously owned homes rose in January, boosted by lower mortgage interest rates of November and December.

02/21/2024

With all this rain we are getting, I thought this article on flood insurance was timely. Worth the read.

Flood insurance policies generally exclude personal property in basements. Odds are low that furniture, electronics and other items would be covered.

02/08/2024

More evidence that housing demand is slowing or thinking values will take a nose dive. Worth the read!

The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 3.5 points in January to 70.7, its highest level since March 2022, due primarily to increased consumer confidence in job security and another significant jump in the share of consumers expecting mortgage rates to decrease.

01/30/2024

NAR is predicting a 13% increase in existing home sales in 2024 and another 15.8 in 2025! On top of that values continue to increase slightly! Worth the read!

Pending home sales surged last month, far exceeding analysts’ expectations. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI) rose 8.3 percent compared to November. ...

01/26/2024

New homes are becoming a greater piece of the pie as resale inventories remain low. Here is a good article on why it is looking good for builders. Worth a read!

New home sales finished 2023 on a positive note , posting seasonally adjusted numbers higher than in both November and the prior December. The U.S. Census Bureau and the Department of Housing and Urba...

01/19/2024

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01/09/2024

01/03/2024

🏡 Considering selling your home this month? 🌨️ Check out this insightful article from HomeLight on the unique advantages and strategies for a successful sale during the winter month. ❄️🔑 Dive into the details and make the most out of your home-selling journey. Read more: https://www.homelight.com/blog/selling-a-home-in-january/ 📖 🏠🌟