According to the National Association of Realtors® recent Existing Home Sales report, the median existing-home price for all housing types in February was $357,300, up 15.0% from February 2021 ($310,600), as prices grew in each region. This marks 120 consecutive months of year-over-year increases, the longest-running streak on record. Properties typically remained on the market […]
Monthly Archives: March 2022
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On Friday, March 11th, the Federal Reserve placed their last remaining order to purchase Mortgage Backed Securities (MBS) as part of their emergency Quantitative Easing program. This was a program where the Federal Reserve Bank of New York would purchase both U.S. Treasuries notes and MBS bonds. They did this to create an increase demand […]