Will Rate Increases Impact Home Prices?

From May 3 to July 12th , interest rates really zoomed. Is it enough to stall the housing recovery?  Fannie Mae’s Mark Palim says there is no historical precedent for knowing the impact on the housing market of an interest rate change, either up or down, because...

Sales of high end homes climb

Sales of Homes-priced greater than $500,000 increased to 11.6 percent in May.  Inventory is more plentiful in these price tiers, construction is limited, and distressed sales are continuing to drop, This chart is amazing....