The Dunnican AdVantage

Are Low Interest Rates Here to Stay?

Interest rates for a 30-year fixed rate mortgage have been on the decline since November.
Posted by Cindy Dunnican on April 17, 2019 in  Buying A Home  Economic News  Interest Rates  Spring Housing Market
Are Low Interest Rates Here to Stay? Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say, “Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgag... read more
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Data Says April is the Best Month to List Your Home for Sale

If you list now, you’ll have a really good chance to sell in April or May, setting yourself up for the most exposure!
Posted by Cindy Dunnican on March 27, 2019 in  Best Time To Sell  Housing Trends  Sell your home  Spring Housing Market
Data Says April is the Best Month to List Your Home for Sale The spring housing market is off to the races! The inventory of homes for sale is increasing, buyers are out in force, and interest rates have remained low, piquing the interest of buyers and sellers previously on the fence about making a move. New research from realtor.com shows that the first week of April is actually the best time to list your house for sale! The report used “trends in median listing prices, v... read more
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Why an Economic Slowdown Will NOT Crush Real Estate this Time

The housing market is just “normalizing”. This is a good thing for both buyers and sellers as we move forward.
Posted by Cindy Dunnican on March 11, 2019 in  2019 Housing Market  Buying A Home  Selling A Home  Spring Housing Market
Why an Economic Slowdown Will NOT Crush Real Estate this Time Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future: “While only 10% of panelists expect a recession in 2019, 42% say a recession will happen in 2020, and 25% expect one in 2021.” Their findings coincide with three previous surveys calling for a slowdown sometime in ... read more
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The Housing Market Will “Spring Forward” This Year!

Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward"!
Posted by Cindy Dunnican on March 06, 2019 in  Buying A Home  Selling A Home  Spring Forward  Spring Housing Market
The Housing Market Will “Spring Forward” This Year! Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right. Buyer demand has seasonality to it. Usually, this falls off in the winter ... read more
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