- Interest Rates are still below historic numbers.
- 88% of property managers raised their rent in the last 12 months.
- Credit score requirements to be approved for a mortgage continue to fall. The 723 average score is the lowest since Ellie Mae began reporting on scores in August 2011.
- The average first-time buyer down payment was 6% in 2015 according to NAR.
If you're curious about your home's market value, use our free Comparative Market Analysis tool! You'll get an instant home evaluation and even a free in-person assessment provided by one of our agents at your leisure.
Thanks to our friends at KCM for the awesome market information!