Home Sales Respond to Interest Rates

Home Sales Respond to Interest Rates October sales of newly built, single-family homes registered at a 632,000 seasonally adjusted annual pace, which is a 7.5% monthly increase Read More NAHB https://www.nahb.org/blog/2022/12/home-sales-respond-to-interest-rates

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Average Long-Term U.S. Mortgage Rates Dip for Third Week in a Row

Average Long-Term U.S. Mortgage Rates Dip for Third Week in a Row The average long-term U.S. mortgage rate ticked down for the third week in a row and has fallen more than a half-point since hitting a 20-year high less than a month ago. Read More News Tribune https://www.newstribune.com/news/2022/dec/02/average-long-term-us-mortgage-rates-dip-for-third/

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12/6/2022 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY U.S. economy added another 263,000 jobs in November, unemployment rate flat at 3.7 percent Total nonfarm payroll employment increased by 263,000 in November, and the unemployment rate was unchanged at 3.7 percent. Notable job gains occurred in leisure and hospitality, health care, and government. Employment declined in retail trade and in transportation and warehousing. Both the labor force participation rate, at 62.1 percent, and the employment-population ratio, at 59.9 percent, were little changed in November and have shown little net change since early this…

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Century Communities Announces New Homes in Fernandina Beach, FL

Century Communities Announces New Homes in Fernandina Beach, FL The anticipated new community offers a versatile mix of single-family and townhome floor plans from the $300s, boasting exceptional included features like the builder’s Century Home Connect® smart home package. Read More Century Communities https://investors.centurycommunities.com/news-and-events/news-releases/news-release-details/2022/Century-Communities-Announces-New-Homes-in-Fernandina-Beach-FL/default.aspx

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KB Home Announces the Grand Opening of Merryfield Estates, a New-Home Community in Kent, Washington

KB Home Announces the Grand Opening of Merryfield Estates, a New-Home Community in Kent, Washington Homebuilder offers personalized, new homes in a prime Seattle-area location, priced from the $630,000s Read More KB Home https://news.kbhome.com/press-releases/news-details/2022/KB-Home-Announces-the-Grand-Opening-of-Merryfield-Estates-a-New-Home-Community-in-Kent-Washington/default.aspx

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