All posts by Team Kriege

Hot Property for April 2023

Looking to relocate? Check out this Hot Property in Meridian, Idaho!

This beautiful 4-bedroom, 2.5-bathroom home is a must-see. The home features an open and spacious floor plan, perfect for entertaining guests or enjoying time with family. The kitchen is the center of the home with granite countertops and plenty of storage space. The cozy living room has large windows, letting in natural light and providing a peaceful view of the backyard. The master suite, which is on the main level, is spacious, featuring a walk-in closet, dual vanities, a large linen closet and a large step in shower. There are three additional bedrooms, providing ample room for guests or a growing family. Situated on a quiet lot, the backyard is ideal for outdoor entertaining with landscaping and has a large garden area and no rear neighbors. The home is located in a highly desirable neighborhood (adjacent to Paramount Subdivision), with easy access to shopping and dining and the best schools. Don’t miss your chance to make this home yours!

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2023 04 10 MBS HIGHWAY NEWSLETTER

Week of April 3, 2023 in Review

The labor sector delivered plenty of news for the markets to digest, including some important signals about what may be ahead. Plus, the latest on home prices, manufacturing and more in these stories:

  • Mixed Jobs Report for March
  • Disappointing Private Sector Job Growth Signals “Slowing” Economy
  • Reporting Adjustment Sheds Light on Unemployment Claims
  • Home Price Forecast Sees Upward Revision
  • Recession-like Conditions Continue in Manufacturing

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Hot Property for March 2023

Looking to relocate? Check out this Hot Property in Katy, Texas!

Spacious, open concept home on a cul-de-sac street in the well kept Kelliwood Terrace neighborhood. Open to the den, the kitchen has a large island, breakfast bar, granite counter tops, tile backsplash, stainless-steel appliances, double-ovens, and a large stainless-steel undermount sink. This great home also has high-ceilings throughout, easy to care for hardwood floors and ceramic tile in the living areas, carpet in the bedrooms. You will love all the closet space. The relaxing primary bedroom suite has two closets. The huge primary bathroom has dual vanities, a jetted tub and a separate shower. There is a flex room currently being used as an office that could also be used as a fourth a bedroom. The garage has a large bonus room with air conditioning that can be used as a workout room, office, or storage.

Moving Out of State?

WE HELP THE BEST COMPANIES: Toyota, Microsoft, Costco, hP, Coca Cola, Cisco, The Home Depot, Walt Disney, FedEx, Sprint, Anthem and many more!

TRUST US WITH YOUR RELO!

2023 02 13 MBS HIGHWAY NEWSLETTER

MBS Road Signs 2-13-23

Week of February 6, 2023 in Review

News on home price appreciation, mixed auction results, and tough talk from central banks around the world highlighted an otherwise quiet week:

Does the Future Look Good for Home Prices?

CoreLogic’s Home Price Index showed that home prices nationwide fell by 0.4% from November to December but they were 6.9% higher when compared to December of 2021. This annual appreciation reading declined from 8.6% in November but is still solid. CoreLogic forecasts that home prices will drop 0.2% in January but rise 3% in the year going forward.

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2023 02 06 MBS HIGHWAY NEWSLETTER

MBS Road Signs 2-6-23

Week of January 30, 2023 in Review

The Fed hiked its benchmark Fed Funds Rate, while there’s more to January’s job data than the headlines suggest. Plus, find out what the latest news on home price appreciation really means, all ahead in these stories:

Are More Fed Rate Hikes Ahead This Year?

As expected, the Fed hiked its benchmark Fed Funds Rate by 25 basis points at its meeting last Wednesday. The Fed has now hiked the Fed Funds Rate eight times since last March, bringing it to a range of 4.5% to 4.75%. The Fed Funds Rate is the interest rate for overnight borrowing for banks and it is not the same as mortgage rates. When the Fed hikes the Fed Funds Rate, they are trying to slow the economy and curb inflation.

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MBS Highway Housing Survey

The MBS Highway Survey, which is comprised of roughly 3,000 Mortgage and Real Estate Professionals, was just released for October. There is certainly a slowdown in activity and pricing pressure from September to October, with only 29% of respondents are still citing that their markets are active, while 71% note that it is slower. 5% of those surveyed are still seeing price increases, while 74% are seeing some degree of price decreases, although many of these are listing prices that are coming down to earth and not home value declines.