What’s Wrong With Woodbury’s Housing Market?

A year ago homes were selling faster than we could put a sign in the yard.  The combination of interest rates near 3.5% and record low inventory made for an extremely active housing market in Woodbury.  Homes increased in value nearly 13% last year and home sales were...

Mortgages Hit Lowest Levels Since 1950s

If you are thinking of buying a home in the next year, do it now!  Mortgage rates can only go up. Thirty-year fixed mortgages slipped to 4.27 percent this week, the lowest on records dating back to 1971, from 4.32 percent last week. A drop in interest on 15-year loans...