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Real Estate News

Here is a feed of the latest news headlines about the real estate industry, current market trends and various bits of information and advice. For any specific inquiries about the Highlands NC real estate market, contact us anytime!

Real Estate

Trump effect: That house you want got $16,000 more expensive since he won

Since Trump's victory, rising mortgage rates have made homes the least affordable since the Great Recession. Read Article

Mon, 05 Dec 2016 07:06:00 PST

Heads up homeowners: Mortgage interest deduction on Trump's chopping block

The incoming administration is apparently not afraid to take a homeownership bonus: The mortgage interest deduction. Read Article

Thu, 01 Dec 2016 08:21:00 PST

Pending home sales in October up 0.1% pre-election, before rate spike

Signed contracts to buy existing homes rose just 0.1 percent month-to-month in October. Read Article

Wed, 30 Nov 2016 07:00:00 PST

Higher interest rates crush mortgage application volume, down 9.4%

Mortgage application volume in the Thanksgiving week dropped to the lowest level since early January. Read Article

Wed, 30 Nov 2016 04:00:00 PST

US home prices hit new peak in September, up 5.5%

Home prices were 5.5 percent higher than September of 2015, up from the 5.1 percent annual gain in August. Read Article

Tue, 29 Nov 2016 06:00:00 PST

Mortgage applications up 5.5%, as fear of rising rates triggers homebuying surge

A postelection spike in mortgage rates may have scared potential homebuyers into a contract before rates move even higher. Read Article

Wed, 23 Nov 2016 04:06:00 PST

Higher mortgage rates scuttle some sales

For those with more of a financial cushion, the increase in monthly payments is just frustrating. Read Article

Mon, 21 Nov 2016 08:19:00 PST

Homebuilder sentiment holds steady, could change post-election

Homebuilders continue to have a positive outlook on their market, but no more positive than last month. Read Article

Wed, 16 Nov 2016 07:00:00 PST

Mortgage applications tank 9% as post-election rates soar

After Trump's victory, total mortgage application volume fell 9.2 percent on a seasonally adjusted basis last week. Read Article

Wed, 16 Nov 2016 04:00:00 PST

Panic in housing market as Trump effect pushes mortgage rates up to 4%

Mortgage rates have now moved nearly a half a percentage point higher since Donald Trump was elected president. Read Article

Mon, 14 Nov 2016 08:53:00 PST