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Robby Oakes Mortgage Team
A North Carolina Mortgage Originator Committed
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Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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Case-Shiller: Home Prices Hit 11-Month Low in July

October 3, 2018 by Robby Oakes

Home price growth slowed to its lowest pace in nearly a year according to the Case-Shiller Home Price Indices. National home price growth averaged 6.00 percent year-over-year as compared to 6.20 percent growth in June.

Filed Under: Real Estate Tagged With: Case Shiller, Home Prices, Market Conditions

What Are The Housing Market Projections For 3rd Qtr 2018 — And Beyond?

October 2, 2018 by Robby Oakes

The National Association of Realtors (NAR), in its ongoing analysis of home sales statistics, believes that prices will continue to rise during the third quarter, but that uncertainty over elections could be a factor during the second half of the year.

Filed Under: Real Estate Tagged With: Housing Trends, Market Projections, Real Estate

What’s Ahead For Mortgage Rates This Week – October 1st, 2018

October 1, 2018 by Robby Oakes

Last week’s economic readings included reports on home prices, new and pending home sales and remarks released by the Federal Open Market Committee of the Federal Reserve. Weekly readings on average mortgage rates and first-time jobless claims were also released.

Filed Under: Financial Reports Tagged With: Case Shiller, Interest Rates, Mortgage Rates

It’s Pumpkin Spice Season: Plan A Neighborhood Potluck

September 28, 2018 by Robby Oakes

Fall is the time to get back into a comfortable routine, but it’s also a great time to incorporate social events into weekend work parties, and gather friends to offer neighbors a helping hand — or just moral support — to spruce up their property.

Filed Under: Real Estate Tagged With: Home Improvement, Neighborhood Party, Real Estate

Fed Raises Key Interest Rate For 3rd Consecutive Time

September 27, 2018 by Robby Oakes

The Federal Open Market Committee of the Federal Reserve announced that it raised the target federal funds rate to a range of 2.00 percent to 2.25 percent. This was the third consecutive increase in the Fed’s key interest rate and was the eighth time the Fed raised its key interest rate since 2015.

Filed Under: Real Estate Tagged With: Federal Reserve, Interest Rates, Market Conditions

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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