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New Rate Prediction by Windermere Windsor Windermere’s Chief Economist, Matthew Gardner has made his new mortgage interest rate prediction for 2021.   You can see his breakdown of interest rates and other economic factors by clicking on the image below and watching his newest video.   By the end of the year he predicts rates […]

Homebuilder Headaches by Windermere Windsor The National Association of Home Builders recently surveyed their members to ask them about the challenges they currently face and the challenges they expect to face.   Far and away, the biggest headache for homebuilders right now is the rising cost of building materials.   96% of the survey respondents […]

Days of Inventory by Windermere Windsor In the residential real estate industry, inventory is typically measured in months.   For example, the definition of a “sellers’ market” is when there is less than 4 months of inventory on the market.  Meaning, at the current pace of sales, it would take less than four months to […]

Job Bounce by Windermere Windsor “How could the real estate market be so strong in the middle of a pandemic?” That is a fair question and one we hear frequently from our clients. There are several reasons for this but two stand out. Interest rates Jobs Employment has bounced back much quicker than most people […]