Home Prices and Interest Rates

by | Mar 30, 2018 | Uncategorized | 0 comments

The FED interest rate hike and the Case-Shiller January results. The Fed increased the federal funds rate from 1.5% to 1.75% on 3/21/2018. This is the highest level since 2008 and most economists are predicting two more rate increases this


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DISCLAIMER

The Newport Beach Home Price Index (NBHPI™), Newport Coast Home Price Index (NCHPI™), and the Balboa Island Price Index (BIPI™) each represent compilations of sales activity based in whole or in part on data compiled from the CRMLS multiple listing service, and includes properties sold by other brokerages. The accuracy of the information on this website is deemed reliable, but is not guaranteed by Girling REIG or the CRMLS. Any individual or entity intending to rely on this information should seek verification and verify the accuracy through personal investigation or investigation by appropriate professionals. All information and materials are provided "as is" without any warranty of any kind, either expressed or implied.