Rate Hikes PauseThis week, the Federal Reserve paused rate hikes for the first time in 15 months, but long-term rates still increased. The decision was expected, but the announcement of two more rate hikes this year caused market volatility. The Fed aims to observe the impact of previous rate hikes ... » Learn More about DIRKS REAL ESTATE REPORT (WEEK 25 – 2023)
DIRKS REAL ESTATE REPORT (WEEK 23 – 2023)
Fun Things to do this week... THIS WEEKS REAL ESTATE UPDATE Numbers help tell a story. Numbers are powerful, especially when it comes to real estate! Whether you are assess whether it’s a good time to buy, sale or invest these numbers can be very valuable in ... » Learn More about DIRKS REAL ESTATE REPORT (WEEK 23 – 2023)
Saving for a Down Payment? Here’s What You Need To Know.
If you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save for that, it may be because you ... » Learn More about Saving for a Down Payment? Here’s What You Need To Know.
Why the Median Home Price Is Meaningless in Today’s Market
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel ... » Learn More about Why the Median Home Price Is Meaningless in Today’s Market
This Real Estate Market Is the Strongest of Our Lifetime
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this ... » Learn More about This Real Estate Market Is the Strongest of Our Lifetime