NEW Home Market for the Month Ended April 2023
COVID started in March 2020, and Mortgage rates declined to record lows of 3.00% between October 2020 and February 2021.
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COVID started in March 2020, and Mortgage rates declined to record lows of 3.00% between October 2020 and February 2021.
COVID started in March 2020, and mortgage rates declined to record lows of 3.00% between October 2020 and February 2021.
WATSONVILLE, SANTA CRUZ COUNTY (March 2023)—Hillcrest Residential Development, the 144-unit housing subdivision located just off Ohlone Parkway in Watsonville, has announced
COVID started in March 2020 and Mortgage rates declined to record lows of 3.00% between Oct 2020 thruFeb 2021. This
WATSONVILLE—Watsonville’s newest residential development broke ground on Feb. 17, nearly five years after it was originally approved by the city
COVID started in March 2020 and Mortgage rates declined to record lows of 3.00% between Oct 2020 thru Feb 2021.
As new home sales spiked in August, months of inventory dropped. Speculation as to why the increase in buying New
Mortgage rates are back on the rise today. Borrowers looking for a 30-year fixed-rate mortgage will find rates over 6.52%.
NEW Home Sales to Existing home sales is currently 14% (1 out of 7). NEW home sales are a key
NEW Home Sales compared to Existing home sales are currently 12% (1 out of 8). NEW home sales are a key
Daily changes in the 10 years have been swinging up and down in groups of days. The market is trying to
At the start of 2022 mortgage rates increased FASTER than the 10-year Treasury rates. This past week the 10 Year treasury rates increased 17 bps while Mortgage rates decreased by 3 bps thus a 20 bps decrease in spread occurred.
Nearly 4 years ago in November 2018 mortgage rates briefly went about 5.00% and sales of New Homes stalled, and
Mortgage rates decreased 15 basis points, while 10 Year US Treasuries decreased 9 bps, thus spread decreased by 6 bps to 258 bps or 90 bps ABOVE the 168 bps average.
When coronavirus first impacted the United States in March 2020, sales of NEW homes immediately stalled but quickly recovered as