Dennis Hobbs

04/05/2023

It wasn’t yet the season, but February’s home price environment seems to have gotten a jump on the vaunted spring housing market. Black Knight’s Mortgage Market reports that home prices rose 0.16 percent on a seasonally adjusted basis during the month, the first increase in seven months . This...

10/04/2022

Spending on residential construction, while down a bit in August and in spite of the gloom and doom about the housing market, continues to run significantly higher than in 2021. This is also true, although to a lesser extent, for construction spending as a whole. The U.S. Census Bureau put spending....

08/09/2022

The pace of rising home prices is slowing and interest rates are tailing down!

It will be a few weeks before we get the next installment of the bellwether home price indices (Case Shiller and FHFA), but today's Mortgage Monitor from Black Knight has an earlier look at June's results.   Much like FHFA and Case Shiller, Black Knight's data for May h...

08/02/2022

Please read the entire article and Don't panic!

Mortgage rates leapt higher at a record pace today--a statement that sounds a bit scarier than it really is by the time we consider the context. The first part of the context is the limitations of day-over-day record keeping for rates.  Our data only goes back to 2008.  There were....

01/07/2022

11/10/2021

Real Estate Market Update for New Hanover County!

This is "Carolina Forest" by CB Sea Coast Advantage on Vimeo, the home for high quality videos and the people who love them.

11/10/2021

Credit Access Remains Tight; Shift to Cash-Out Apparent; Delinquencies Down

11/08/2021

Things may come to those who wait, but only the things left by those who hustle.
Abraham Lincoln

11/04/2021

Have room to build an ADU on your lot?? Check out this story from Realtor Magazine.

Accessory dwelling units have been on the rise since the pandemic, and are commanding higher home prices for properties that have one.