A significant week in Washington ended with the Senate passing the Fiscal Responsibility Act to raise the debt ceiling and cap government spending for two years.

The latest bogey in the world of the housing industry looms in the form of a June 1 deadline for Congress to raise the debt ceiling or risk the United States defaulting on its debt obligations.

A 10th straight hike brought us to a 16-year high of the federal funds rate this past week as the Federal Open Market Committee approved a 25-basis point rate increase.

After cooling for the better part of last year, home prices are on the rise again.

Most owners have earned more than $100,000 in equity over the last decade, but discrepancies among racial groups persists, according to new NAR data.

A jump in pending home sales in January indicates consumers are wading back into the market as rates settle in the 6% range.

Picking up the 2022 Profile of Home Buyers and Sellers can be a daunting task. There are 142 pages of content, and many charts span the 41-year history of the data set. This post helps you wade through some of the more striking changes. Here are a couple of things to note as you dive in…

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Grilled Corn Salad / Barbecue Lobster Tail

Caramelized onion clam dip / Dungeness crab cakes

‘As more millennials reach age 40, their household formation rate will accelerate due to higher marriage rates and more stable incomes’. After a two-year-plus surge in home prices during the COVID-19 pandemic, the housing market is finally showing signs of cooling.

What home buyers and sellers may want to consider today

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Fannie Mae Launches Free Online Education Course, Empowering Aspiring Homebuyers to Become Confident, Successful Homeowners: Fannie Mae HomeView Broadens Access to Homeownership Education Resources, Prepares Consumers for All Stages of the Homebuying Process