Dear Neighbors and Friends, It was a busy week in the real estate market, with trends continuing to move in the right direction. Mortgage interest rates increased slightly to 3.18%. These low rates helped spur a 18% jump in mortgage applications compared to the year prior. Interest Rates Compared to the Prior Continue Reading
Archives for June 2020
Montgomery County Market Report June 2020
County Market Update and Analysis The Case-Shiller Index is one of the most respected and cited real estate indices in the USA. It has data for 16 of the 20 largest metropolitan areas (including D.C.) in the United States and it runs almost 2 months behind. For example, March data comes out at the end of May. In addition, the data is a 3-month moving average so that March data that comes out Continue Reading