April 2019 Mortgage Market Share Report

May 23, 2019 Four things worth knowing: 1. If you’re counting Multiple Listing Sales, the Bloomington Board of Realtors® reported closed sales through April 30th are identical to last year ─ 591 sales. 2. The same BBOR reports shows a year over year increase of 16.2% in the medium sales price and 10.8% in the …

March 2019 Mortgage Market Share Report

April 17, 2019   Three things stand out to me after reviewing the recording statistics for the first quarter. First, none of us are as busy as we were six years ago, the last refi market. (chart page 7) Second, the purchase market is in its fourth consecutive year of steady volume. (chart page 13) …

February 2019 Mortgage Market Share Report

March 13, 2019   February’s mortgage recordings held steady from January.  The market is now showing signs of warming up, both figuratively and weather-wise. Year to year comparisons tell a different story. Mortgages securing between $50,000 and $500,000 are down about ten percent during the first two months of the year ─ 385 to 427 …

Mortgage Market Share Report January 2019

February 14, 2019   As always, the number of January transactions is low making it impossible to draw any conclusions about the health or direction of the market. The Polar Vortex undoubtedly affected the number of new transactions. Recorded mortgages were down about fourteen percent from a year ago. Deed recordings were down about seven …

End of 2018 Mortgage Market Share Report

January 21, 2019   After studying the 2018 full year recording numbers, I’ve concluded that the Monroe County sale and mortgage market remains steady without any discernable trends – either increasing or decreasing. (chart page 7). Sales disclosure data (charts pages 17 & 18) reflect the same level of consistency. Given the continued shortage of …

2018 December Mortgage Market Share Report

December 18, 201   To our valued customers:   I couldn’t be more grateful for the support of our friends and clients during 2018, one of our most successful years ever! We helped over 4500 people buy, sell and refinance their homes. That’s a lot of lives we impacted. Your trust in us is humbling. …

August 2018 Mortgage Market Share Report

September 12, 2018   Once again sales in Monroe County made a strong comeback in the second half of August. The monthly total of 274 deeds representing a transaction compared favorable to last August?s number of 276. For the year, deed recordings are down about two percent from 2017. The same holds true for mortgage …

July 2018 Mortgage Market Share Report

August 21, 2018   Mortgage recordings in July showed a significant increase from a year ago. There were 301 mortgages recorded in amounts between $75K and $424K compared to 256 last year. This is consistent with our own book of business which has shown a decline in the percentage of cash deals from about 33% …

July 2018 Mortgage Market Share Report

  July 27, 2018 A consistent theme this spring and early summer is that property values are increasing fast. There?s evidence of this in both the mortgage and deed transaction numbers in the second quarter. The last four years, mortgages securing between $75K and $200K are holding steady at around 600 and change. (see chart …

June 2018 Mortgage Market Share Report

June 20, 2018   On June 11th the Federal Bureau of Investigation announced the arrests of 42 individuals in the United States, 29 in Nigeria and 3 others allegedly involved in a massive business email compromise (BEC) scheme. ?Operation WireWire? succeeded in recovering approximately $14 million in fraudulent wire transfers and seized another $2.4 million …