Residential Real Estate: A Southeast Update

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Refinancing has been a key part of the mortgage market as rates have remained historically low during the last 10 years. Refinance activity in 2016 just surpassed the level seen in 2010 when the District struggled to recover from the sharp decline in property values following the real estate crisis (see the charts).

Residential Real Estate: A Southeast Update The FED Said. Job creation-particularly in major cities-is one of the biggest drivers of residential real estate, attracting individuals and families to a new area. Over the past seven years, the United States has created an average of 200,000 new.

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