Welcome to the Housing Market Trends monthly update for May 2022 from Homes for Heroes. This report focuses on the residential real estate housing market and we attempt to provide useful information to assist our heroes with decision making regarding buying and selling a home, or refinancing their mortgage.
Welcome to another Housing Market Trends monthly update from Homes for Heroes. This report focuses on the residential real estate housing market and we attempt to provide useful information to assist our heroes with decision making regarding buying and selling a home, or refinancing their mortgage.
It is an honor to present the 2021 Homes for Heroes Affiliate Awards to these amazing affiliate members who went above and beyond in 2021! Thanks to the effort of our network of talented affiliate real estate and mortgage specialists, Homes for Heroes assisted over 9,000 heroes in buying or selling a home, and gave back nearly $20 million in Hero Rewards savings.
The war in Ukraine has created some market volatility, but that’s not unusual. In uncertain times global investors will look to move their investments into areas they feel are safe from conflict. This can cause fluctuations in the prices of US Treasuries, and yes, even mortgage bonds – which in turn impacts mortgage interest rates.
The amazing people at Homes for Heroes® continue to bring home the gold. Homes for Heroes’ Founder/CEO Ruth Johnson recently received the prestigious Beverly Faull Affordable Housing Leadership Award from the Down Payment Resource, the nationwide database for U.S. homebuyer assistance programs. Joining her ranks and gaining recognition is our own, Abby Waltz, recently announced as a RISMedia 2022 Real Estate Newsmaker!
It has never been more important to recognize the everyday trials the pandemic has created for our brave community heroes and find ways to give back to them. They have remained dedicated to serving our country and its diverse communities throughout this crisis.
Homes for Heroes Foundation is off to a good start in 2022, granting $10,000 to the North Carolina Fallen Firefighters Foundation. This grant is part of the Homes for Heroes Foundation’s circle of giving, providing assistance for heroes in dire need across the country. Read More “Homes for Heroes Foundation Grants $10,000 to North Carolina Fallen Firefighters Foundation”
Homes for Heroes Foundation has kicked off their 2022 grant giving with a $10,000 donation to the nonprofit Nurses House. Read More “Homes for Heroes Foundation Grants Nurses House $10,000”
In 2021, the supply and demand imbalance fueled runaway house prices, as well as incredible competition as the limited supply of housing available was snapped up quickly. Sellers were clearly in control and there’s unfortunately no sign of that dynamic abating in 2022. According to the latest Market Pulse Report from HouseCanary, a real estate valuation brokerage, inventory levels dropped again in December to near-record lows. HouseCanary expects the nationwide shortage of homes for sale to persist well into the spring, projecting another double-digit home price increase by the end of 2022. Read More “Is There Any Relief in Sight For the Housing Shortage Supply?”
The Homes for Heroes Foundation presented a $5,000 grant to the Colorado Nurses Foundation in December, 2021. The Colorado Nurses Foundation commits to advancing the nursing profession through education, advocacy, and recognition. This includes providing scholarships and grants to make education more accessible to future nurses. Read More “Homes for Heroes Foundation Provides Support for Colorado Nurses Foundation”