Rising Number of Mortgage Applications Signals Housing Recovery

Increase in Mortgage Applications 2017

An increase in the number of mortgage applications means that the housing crisis that played such a major role as both a cause—and effect—of the Great Recession continues to fade into the nation’s rearview mirror.

Even rising interest rates have not, as yet, kept many potential homebuyers from considering a home purchase; as an example, mortgage applications increased almost 1.5 percent in the final week in June. Continue reading “Rising Number of Mortgage Applications Signals Housing Recovery”

Déjà Vu? Housing Prices Reach New Heights…Again

The great—and always quotable—late baseball legend Yogi Berra coined the phrase “it’s like déjà vu—all over again”.

With American housing prices reaching new heights, pricing levels not seen in a decade, housing industry experts are left to wonder if Berra’s axiom is proving to be true yet again.

Continue reading “Déjà Vu? Housing Prices Reach New Heights…Again”