The ARAMCO Report

The Current State of the Real Estate Market

ARAMCO's President & CEO, Mehran Aram, discusses with Radio host Mark Carbonaro from Monterey's PowerTalk 1460 the current climate in the housing and commercial real estate industry and how it's being affected by the global pandemic.

Happy 4th of July!

Happy Independence Day! You can listen to veteran Jerry Coleman reading the Declaration of Independence

Construction Workers Help Boost Housing Starts in May

Housing Starts were up in May nearly 5% thanks in part to construction workers returning to employment following the Covid-19 outbreak. Meanwhile mortgage applications had another strong weak buoyed by mortgage rates reaching a new all-time low.

Mortgage Rates Reach Another Record Low

The housing market is holding fairly well in spite of the setback of the pandemic with mortgage rates reach fresh record lows making it an ideal time to refinance and lower monthly mortgage payments.

Stock Market Rebounds After March Lows

The stock market has improved after taking a hit due to the pandemic back in March. Meanwhile, mortgage rates are still hovering near all-time lows.