Lisa Conti Fields

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Finding a home in a competitive market can be difficult. Here’s how a Renovation Loan can turn your dream home into a reality: http://spr.ly/6186MBvpr

Existing home sales dropped in July, down 5.9% month-over-month. The median existing home sales price was $10,000 lower than the median price in June as home prices and buyer competition begin to cool.

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An economic slowdown is not necessarily bad news for home buyers. In fact, it can actually benefit buyers. Here’s how: http://spr.ly/6181M6Wuz

In July, housing starts declined 9.6% month-over-month, but housing completions were up 1.1%. Building permits also saw a drop in July, down 1.3% month-over-month but up 1.1% year-over-year.

Last week, mortgage rates trended downward after the consumer price index showed signs that inflation is cooling. Here’s what to expect from this week’s market-moving reports: http://spr.ly/6188zh4qG

Due to higher inflation and rate hikes from the Federal Reserve, the National Association of Home Builders’ home builder sentiment index dropped into negative territory for the first time since 2020, reporting a reading of 49 in August.

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Is now the time for you to sell your home? Here’s when it’s a good time to sell versus a good time to wait: http://spr.ly/6182z7kAM