Michael Isaacs

Fairway Independent Mortgage Corporation

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FOMC Meeting Minutes: Why Fed’s Rate Policy Reversed Course

February 22, 2019 by Michael Isaacs

After raising the target range for the federal funds rate in 2018, the Fed's Federal Open Market Committee did not raise the Central Bank's key interest rate at its meeting of January 29 and 30. While Committee members did not raise the Fed's key rate, members were divided on the interest rate decision.

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Filed Under: Real Estate Tagged With: FOMC, Housing Trends, Market Conditions

Case-Shiller: Home Prices Lower in November

January 31, 2019 by Michael Isaacs

Home price growth continued to struggle in November, with Case-Shiller's 20-City Home Price Index moving from October's reading of 5.30 percent annual growth to 5.20 percent growth in November. This was the lowest reading since January 2015.

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Filed Under: Real Estate Tagged With: Case-Shiller, Housing Trends, Market Conditions

NAHB: Home Builder Confidence Grows After Lowest Level in 3 Years

January 17, 2019 by Michael Isaacs

After two months of declining builder confidence, the National Association of Home Builders Housing Market Index gained two points in January with a reading of 58. Component readings of the HMI were also higher with builder confidence in current market conditions rose two points to an index reading of 63. Builder confidence in housing market conditions over the next six months rose three points to 64.

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Filed Under: Real Estate Tagged With: Housing Trends, Market Conditions, NAHB

Big Cities vs. Secondary Markets: Where to Buy?

December 21, 2018 by Michael Isaacs

Atlanta, Charlotte, New York and Los Angeles are always on the real estate radar because of big ticket sales and good media coverage. The secondary markets - those markets without the celebrity undertones - may actually be better deals. With the price of borrowing money rising and occupation rates dropping in primary markets, places like Nashville and Birmingham are looking better to investors.

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

NAHB Reports Lowest Builder Confidence Reading Since 2014

November 29, 2018 by Michael Isaacs

Obstacles facing home builders have caught up with high builder confidence according to the National Association of Home Builders Housing Market Index for November. Builder confidence dropped eight points to an index reading of 60, which was the largest month-to-month drop in builder confidence since 2014. November's decline in builder confidence was greater than the largest month-to-month decline during the housing crisis.

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Filed Under: Real Estate Tagged With: Builder Confidence, Housing Trends, NABH

5 Trends Shaping Green Homes

November 9, 2018 by Michael Isaacs

Think green home design is a fad? Well, think again. Sustainable home designs are gaining popularity at a breakneck speed. In 2017, green homes accounted for more than 60 percent of family home builder's portfolios, according to a survey conducted by the National Association of Home Builders.

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Filed Under: Real Estate Tagged With: Green Living, Housing Trends, Real Estate

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Michael Isaacs

Contact Michael


Branch Manager and Mortgage Loan Originator

NMLS #26591 • AZ License #BK-0904162
Licensed in: AZ, CA, CT, FL, IL, KS, KY, ME, MD, MO, NH, NJ, OH, PA, TN, VA.
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Direct: 614.383.7341
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Michael.isaacs@fairwaymc.com
4215 Worth Avenue, Suite 220, Columbus, OH 43219
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