The Federal Reserve met for the first time since the turn of the year and announced it would leave rates unchanged for now. The Fed’s last rate hike was in July 2023, and many have been waiting to see what …
There has been a lot of talk about what to expect for interest rates in 2024. If 2023 was the year for rate hikes, most experts are hopeful that 2024 will be the year for easing, and eventually rate cuts. …
Here at NDI, we have spent considerable time helping homeowners navigate the rising interest rate environment. We have provided important updates after each of the recent Federal Reserve announcements so that our friends and clients know what it means for …
At NDI, we watch the trends and shifts in the real estate market and recently, data shows building a new home, vs buying an existing home, is gaining popularity. Builder confidence is up, and new home sales are up as …
The Federal Reserve did it again in May. They raised rates when many experts were betting that hikes were done for 2023. If you’re planning on building a custom home, this news is important as you weigh all of your …
The Federal Reserve delivered some much-needed relief to the financial markets. There was a buildup of anxiety that another significant rate hike was coming, that the banks would be put under further pressure, and that mortgage rates would rise and …
All eyes and ears have been focused on the recent failure of Silicon Valley Bank (SVB). This is the first bank to fail since 2008 and everyone wants to know if this is an isolated case and what it means …
Economists and the media have been predicting that a recession is on the horizon month after month for far too long. After being proven wrong time and time again, it’s time to take a fresh look at the numbers and …
If you are thinking about building a custom home, especially if you’re considering tearing down the home you’re living in, understanding the value of new homes in this market is very important. There is a lot of data out there …
If you are ready to start building a home in Northern Virginia, you are likely monitoring the news about a recession. Smart move. Just recently some experts have indicated that an economic downturn might already be in full swing — …
