PAT'S Financial Services

07/25/2022

The US supply, sales and the median price in May

07/19/2022

Ask Me Anything!
Have questions about real estate but not sure where to start?

Have questions about real estate but not sure where to start?

07/11/2022

How buyers can get an edge in a cutthroat seller’s market?

Jean Patrick Ledain is a real estate agent with Highlight Realty. Check out Jean Patrick Ledain's listings or office listings.

07/05/2022

9 charts show the massive slowdown hitting the housing market as the Fed drives borrowing costs up
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It's not just interest rates that are going up — everything else in the economy is getting more expensive as pandemic-era wage increases begin to taper off, leading to a dramatic drop in the National Association of Realtors affordability index, which has fallen nearly 40 points this year. The perc...

06/28/2022

Changes in Value of Household Real Estate - Q3 2019
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The Federal Reserve released its Flow of Funds data on Thursday. The total value of owner-occupied real estate registered a new high at $39.7 trillion. With mortgage debt climbing at a slower pace than the value of real estate, homeowners saw a big increase in equity.

06/19/2022

House prices in the US: Is 2022 a Good Time to Buy a Home?
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According to the S&P CoreLogic Case-Shiller Index, the housing market increased by 19.2% annually. Experts say several factors should guide you to rent or acquire a home. Money is a crucial factor to consider.

06/18/2022

Happy Father’s Day

Jean Patrick Ledain is a real estate agent with Highlight Realty. Check out Jean Patrick Ledain's listings or office listings.

06/18/2022

Lumber cheapest in 7 months as housing markets soften
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Futures fell as low as $604.50 per 1,000 board feet in Chicago on Wednesday. The commodity’s collapse is a stark reversal from all-time highs set in 2021 during a pandemic-fueled homebuilding boom.

06/16/2022

NAR Study Identifies Biggest Obstacle to Home Buying

Jean Patrick Ledain is a real estate agent with Highlight Realty. Check out Jean Patrick Ledain's listings or office listings.

06/14/2022

How Today's Housing Market Is Different From Previous Booms and Busts
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"But as opposed to when we had the Savings and Loan Crisis, or the bubble before that in the '70s, we still have a situation where you have somebody who originates a mortgage, somebody who s

06/12/2022

The Red-Hot U.S. Housing Market Finally ‘Offers Hope’ for Buyers and Sellers, According to This Real-Estate Economist
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This year’s sellers “are looking to buy their next homes at more approachable price points,” the report noted, with more than half (53%) of sellers aiming to buy a property priced at $500,000 and below, and 17% looking for one costing $200,000 or below. “The distribution of sale prices point...

06/11/2022

New home sales fall in April as interest rates rise
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In April, those sales fell 16 percent from the month before. It’s a drop of nearly 27 percent from April 2021. The region with the lowest drop in sales in April was the northeast.