Market Conditions

14
Aug
2019

A $400,000 Profit From Flipping A Single House?

CBC National Bank Real Estate 0 Comment

Flipping homes is popular once again. It took about eight years after the Great Recession that started in 2006 for home prices to rebound to the levels seen before the recession. Then, by 2016, in many areas, home prices started to rapidly increase.

17
Jul
2019

NAHB: Housing Market Index Rises 1 Point in July

CBC National Bank Market Outlook 0 Comment

Home Builder sentiment rose one point in July according to the National Association of Home Builders Housing Market Index. 2019 builder confidence in housing market condition continued to fall short of 2018 levels. July’s Housing Market Index reading of 65 was one point higher than June’s reading.

16
Jul
2019

How To Find Hot Real Estate Markets

CBC National Bank Real Estate 0 Comment

A hot market in real estate is identified by a few things, which include higher prices, lower amounts of unsold inventory, and desirable neighborhoods. Neighborhoods can increase in value because of having an excellent location, high-paying jobs, quality schools, and a variety of attractive amenities.

20
Jun
2019

NAHB: Builder Confidence Slips in June

CBC National Bank Market Outlook 0 Comment

Homebuilder confidence dropped two points in June according to the National Association of Home Builders Housing Market Index. June’s index reading was 64, which indicates strong sentiment among home builders for current housing market conditions.

29
May
2019

Case-Shiller: Home Price Growth Slows in March

CBC National Bank Market Outlook 0 Comment

Case-Shiller Indices reported slower home price growth in March with a 3.70 percent gain year-over-year as compared to 3.90 percent home price growth for the year-over-year period in 2018. This was the slowest pace of home price growth in seven years.

16
May
2019

NAHB: May Home Builder Confidence Hits Highest Level in 7 Months

CBC National Bank Market Outlook 0 Comment

The National Association of Home Builders reported the highest builder confidence reading in seven months for May. May’s reading exceeded expectations for an index reading of 64 and rose three points to 67.

09
May
2019

Case-Shiller: February Home Price Growth Rate Slowest in 6.50 Years

CBC National Bank Real Estate 0 Comment

Home price growth slowed in February according to the Case-Shiller 20-City Home Price Index. Home price growth hit its lowest rate in more than six years; this indicates that the roaring growth of home prices is settling and could provide opportunities for more would-be buyers to enter the housing market.

03
May
2019

States With The Best Opportunities To Acquire Investment Property

CBC National Bank Real Estate 0 Comment

Real estate investors sometimes get stuck in a rut. They repeat the same type of investment that they did before. This is not necessarily a bad thing because a successful experience is worth repeating. However, it is also a good idea to occasionally take a look at the big picture as well, to see what else is out there for investment consideration.

02
May
2019

FOMC Statement: No Changes to Key Fed Rate

CBC National Bank Market Outlook 0 Comment

The meeting of the Federal Reserve’s Federal Open Market Committee ended Wednesday with the Committee’s customary post-meeting statement recapping monetary policy matters considered by the Committee. Members voted not to change the current target rate range of the federal funds rate. The current rate range of 2.25 percent to 2.50 percent.

18
Apr
2019

NAHB: Home Builder Confidence Rises in April

CBC National Bank Market Outlook 0 Comment

Home builder confidence increased in April to an index reading of 63, which was one point higher than for March and the highest reading in six months. Analysts said that April’s reading revealed more about housing market conditions in the past six months than it was an indicator of future market conditions.

A $400,000 Profit From Flipping A Single House?

NAHB: Housing Market Index Rises 1 Point in July

How To Find Hot Real Estate Markets

NAHB: Builder Confidence Slips in June

Case-Shiller: Home Price Growth Slows in March

NAHB: May Home Builder Confidence Hits Highest Level in 7 Months

Case-Shiller: February Home Price Growth Rate Slowest in 6.50 Years

States With The Best Opportunities To Acquire Investment Property

FOMC Statement: No Changes to Key Fed Rate

NAHB: Home Builder Confidence Rises in April

Closed purchase loan, Alpharetta, GA

Closed refinance loan, Fernandina Beach, FL

Van Buren, Saulsbury, TN

Closed purchase loan, Atlanta, GA