Smart Home Technology

Smart-home technologies may help a growing number of older adults age in place, enabling them to improve their quality of life and continue to live independently longer, research shows. “Emerging technologies like smart beds and systems that detect falls can make aging in...

Mortgage Market Update

Consumer inflation remained near a 40-year high and home purchase activity stayed strong in May. Home prices also continued to rise in April. And with first quarter GDP reported at -1.6%, May’s lower than expected Personal Spending report was especially significant. Here’s what...

Kitchens and Bathrooms

Kitchens and bathrooms continue to be the most popular areas to renovate, according to the 2022 U.S. Houzz & Home Study. The median spend in 2021 on a kitchen remodel was $15,000, a 25% increase from 2020. A guest bathroom expenditure costs a median...

Jobless Claims

Initial Jobless Claims, which measures individuals filing for unemployment benefits for the first time, increased by 27,000 to 229,000. While this is still a very low level of initial claims, the four-week moving average is at its highest since early February and this...
100-150 economist shed some light on their thoughts/forecast of the housing market.   The MBA released their mortgage data for last week showing purchases are down 21% year over year.  Also, rates are 2.25% higher than this time last year. Refi’s are down...