25 03, 2020

OUR RESPONSE TO THE COVID-19 OUTBREAK

2020-04-27T16:57:34-04:00March 25th, 2020|Annapolis, Market News|

The COVID-19 health crisis is presenting challenges that are unprecedented in our lifetime. Our thoughts and well wishes are with everyone affected by COVID-19. At Stahley Thompson Homes we have been carefully evaluating the situation, following the guidance of public health officials and listening to news reports from around the world. The safety of our clients and agents is our [...]

25 03, 2020

Coronavirus Impacts On Real Estate and Statistics that will surprise you

2020-03-25T12:47:40-04:00March 25th, 2020|Annapolis, Market News|

The real estate industry is constantly changing, both in terms of residential and commercial. Now add the current state of the Corona Virus and you have an industry that is very unsettled right now. Knowing the latest real estate statistics (as of February 2020) is a great way to better position yourself for success as the industry attempts to get [...]

8 10, 2018

Increase in 10-Year Yields are hurting our Financial System

2020-03-31T11:32:21-04:00October 8th, 2018|Market News|

The short term interest rate increases from the FED are affecting our Personal Finances. The recent spike in the yield of the 10-year Treasury note to 3.25% is the highest level since the Spring 2011. You can expect your borrowing costs and investment accounts to be affected.  The yield on the key U.S government bond influences everything from fixed-rate mortgages to [...]

30 08, 2018

The recent drop in rates is not Helping the Mortgage Business

2020-03-31T11:32:33-04:00August 30th, 2018|Market News|

According to the Mortgage Bankers Association, total mortgage application volume decreased 1.7 percent last week, leaving volume was 15 percent lower that a year ago. We had hoped that the drop in mortgage rates should have given a little life to the mortgage business, but it did not. The weekending is aggravating potential home-buyers, and it is taking a real chunk [...]