home builder sentiment declines tenth month row plymouth title guaranty corporation featured

Home Builder Sentiment Declines for Tenth Month in a Row

As mortgage rates to 20-year highs, home builder sentiment declined for the tenth month in a row. Similarly existing home sales fell for the eighth straight month. Further complicating the real estate market, housing inventory presents an ongoing barrier to prospective home sales activity. Despite the longstanding challenge, new construction remains slow. NAHB Survey Indicates […]

Home Buyer Affordability: Real Estate Market Now Sees Steady Improvements Plymouth Title Guaranty Corporation

Home Buyer Affordability: Real Estate Market Now Sees Steady Improvements

Home buyer affordability—a measurement of the overall affordability of homes in certain areas compared to average income—is steadily improving in thirty-two states across the country. The median payment applied for by applicants decreased from $1,844 to $1,839, dropping for the third consecutive month. All of this is according to the Mortgage Bankers Association’s Purchase Applications […]

June 2022 Real Estate: New Home Sales Offer Beacon Plymouth Title Guaranty Corporation Featured

June 2022 Real Estate: New Home Sales Offer Beacon

With the June 2022 real estate market, housing affordability continued its affordability crisis for potential home buyers. However, New Home Sales offer a beacon of hope with a notable gain. Existing Home Sales Fall While New Home Sales Offer Upside to June 2022 Real Estate In terms of Existing Home Sales, June 2022 real estate […]

fed testimony reveals latest steps bringing down inflation plymouth title guaranty corporation featured

Fed Testimony Reveals Latest Steps in Bringing Down Inflation

With the recent Fed testimony, Federal Reserve Chairman Jerome Powell assured lawmakers about their plans to bring down inflation. Not only does Fed Chair Jerome Powell seek to avoid a recession, he believes the Federal Reserve has the tools to do so. Comments from the Latest Fed Testimony “[The Federal Reserve] understands the hardship high […]