1522 W. Causeway Approach

Mandeville, LA 70471

504-236-8587

KellyWaltemath@gmail.com

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A Third-Party Inspection Is Important

SK Collaborative, a construction consulting firm that helps industry experts to achieve green building certification for their residential and commercial projects, did a recent study that finds value in a third-party inspection. The company analyzed ten new construction and renovation projects that were recently completed for multifamily affordable housing in Georgia. Around five of these […]

A Fourteen Year High for Existing Homes Sales

A Fourteen Year High for Existing Homes Sales

The National Association of Realtors (NAR) reported that existing home sales reached the highest level it has been in close to 14 years this August. The seasonally adjusted annual rate was 6.00 million in August showing a 2.4% increase for existing homes sales. A big part of the rising numbers is contributed to the rebound […]

Demand In Homes Above Last Year’s Pace

Demand In Homes Above Last Year’s Pace

The economy has seen record-breaking home sales through the summer and is still going strong this fall. Buyers are actively looking and purchasing homes faster and the inventory is falling behind. The National Associations of Realtors (NAR) believes this a good time to sell if you are thinking about doing so. According to the NAR’s […]

Today’s Housing Market Benefits for Buyers & Sellers

Today’s Housing Market Benefits for Buyers & Sellers

The current housing market is bustling with activity. There are fantastic opportunities for both the buyer and seller. Today’s market has some perks that we just don’t see all the time. Here are the top two that are seldomly at one’s fingertips. The most talked-about benefit today for a buyer is the average mortgage interest […]

Mortgage Interest Rates Under Three Percent

Mortgage Interest Rates Under Three Percent

Mortgage interest rates are at record lows and will keep falling in the near future. August 6 saw a drop in mortgage interest rates to under 3 % giving buyers a huge incentive to purchase a new home. According to forbes.com, the spread between 30-year fixed-rate mortgages and the yield on 10-year treasury bonds is […]

Record Low Mortgage Rates Increase Homebuyer Demand Thirty-Three Percent

Record Low Mortgage Rates Increase Homebuyer Demand Thirty-Three Percent

The pandemic shut-in is lifting and potential homebuyers are starting to branch out and look for a new home. With the shut-in lifting and record-low mortgage rates, the Mortgage Bankers Association’s index reported a 33% increase in homebuyers than this time last year. The report also showed that mortgage applications to purchase a new home […]

June Sees A Positive Housing Market In Builder Confidence

June Sees A Positive Housing Market In Builder Confidence

  According to the latest NAHB/Wells Fargo Housing Market Index (HMI), builder confidence in the housing market for newly-built single-family homes rose 21 points to 58 this June. This is a great reading as anything above 50 shows a positive market. “As the nation reopens, housing is well-positioned to lead the economy forward,” said NAHB […]

Mortgage Demand Up Now More Than Ever

Mortgage Demand Up Now More Than Ever

Mortgage demand from potential homebuyers is up 13% annually even though the interest rates are rising. According to CNBC mortgage rates were at a record low at the beginning of the second week of June but began to rise throughout the week and spike at the week ending. The 30-year fixed increased to 3.38% from […]

Fed Says Stimulus Will Keep Coming Years After the Pandemic

Fed Says Stimulus Will Keep Coming Years After the Pandemic

As of last Wednesday, the Federal Reserve did not change the rates and maintain they will keep going with the stimulus plan until the economy “has weathered recent events.” The majority of policymakers say that the current rate levels will remain low in 2022. The Federal Reserve’s “dot plot” shows that the forecast of the […]