Category Archives: From the Desk of J.D. Crowe

Interest Rates Inch Up

Posted on June 10, 2013 by admin

They say what goes up must come down. The reverse is true of mortgage rates. We’ve been enjoying historically low rates but it seems that they are on the rise.

Posted in From the Desk of J.D. Crowe | Tagged , , , , , , , , , | Leave a comment

Rest Assured, It’s Not a Bubble

Posted on June 3, 2013 by admin

Home prices skyrocketed in the first quarter of 2013, increasing 11 percent from first quarter 2012. The increase in home values, among other factors, led so many homebuyers into the market that bidding wars returned.

Posted in From the Desk of J.D. Crowe | Tagged , , , , , , , , | Leave a comment

Housing Market Turnaround Takes Time

Posted on May 21, 2013 by admin

The lack of construction right now could be in part due to the need for the employment rate to go up – and whether or not the growing workforce will move at the same pace of needed construction.

Posted in From the Desk of J.D. Crowe | Tagged , , , , , , , | Leave a comment

Realtors Confidence Index Supports Optimism in Industry

Posted on April 22, 2013 by admin

According to the Realtors Confidence Index produced by the National Association of Realtors, Realtors’ confidence in the market stems from strong buyer demand and a tight inventory.

Posted in From the Desk of J.D. Crowe | Tagged , , , , , , , , , , | Leave a comment

The New York Times Agrees: Now Is the Time to Buy

Posted on March 11, 2013 by admin

Mortgage rates are expected to rise slightly over the year and home prices are expected to rise rapidly. Many homebuyers may be wondering, “Is now the time to pull the trigger?”

Posted in From the Desk of J.D. Crowe | Tagged , , , , , , , , , , , , , , | Leave a comment

Hiring in Housing Industry will Accommodate Growing Business Volume

Posted on March 4, 2013 by admin

A recent article on Bloomberg.com discussed the stimulus plan that Chairman of the U.S. Federal Reserve, Ben S. Bernanke, created in relation to job growth in the auto industry and housing industry. While we can’t speak directly for the auto …

Posted in From the Desk of J.D. Crowe | Tagged , , , , , , , , , , , , , , | Leave a comment

Housing Takes the Lead in Economic Recovery

Posted on February 11, 2013 by admin

Housing is leading the way in the economic recovery because of the ripple effect it’s creating for corporations. The Wall Street Journal reported the phenomenon and explained how many corporations have reported increased sales and earnings as an effect of …

Posted in From the Desk of J.D. Crowe | Tagged , , , , , , , , , , , , , , , , | Leave a comment

MLOs Will Become More Professional in 2013

Posted on January 21, 2013 by admin

If you want someone to renovate your house, you don’t just hire a neighborhood kid with a decent set of tools. You get references from your neighbors and hire a professional who is experienced at home renovation. So why should …

Posted in From the Desk of J.D. Crowe | Tagged , , , , , , , | Leave a comment

Buying a Home Can Be Deal of a Lifetime in 2013

Posted on January 14, 2013 by admin

The data is in for 2012 and the numbers look good. According to the National Association of Realtors, 2012 is a year for the record books in terms of housing affordability. The Housing Affordability Index released by the National Association …

Posted in From the Desk of J.D. Crowe | Tagged , , , , , , , , , , , , | Leave a comment

Mortgage Interest Tax Deduction Survives Fiscal Cliff

Posted on January 8, 2013 by admin

The fiscal cliff has been avoided and a deal has been made. Some components of the deal related to the housing industry were extended for 2013 and will operate as they have prior to their expiration. In addressing the survival …

Posted in From the Desk of J.D. Crowe | Leave a comment