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Housing Market Continues To Improve

The housing market has been taking a lot of heat over the last few months as inventory decreased and mortgage rates increased, but many experts say the housing market is on the right track. Home prices jumped 12.8% in August according to Robert Shiller’s S&P/Case-Shiller housing index, the largest increase since early 2006. Shiller did not expect the rebound saying that the housing boom in 2006 was a “fad”. The 20-city composite also increased 1.3% and showed gains in every U.S. metropolitan city. Many experts suggest that home prices will continue to climb in the coming months. More here

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NMLS ID#: 71222

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Jeffrey Halbert - First Home Mortgage
3240 Ferry Landing Road
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Dunkirk, MD 20754

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This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.