New Home Buyers Bounce Back In October
Mortgage rates were at their recent peak in October. But despite elevated rates, new home buyers were active, pushing sales of newly built single-family homes higher than the month before.
Mortgage rates were at their recent peak in October. But despite elevated rates, new home buyers were active, pushing sales of newly built single-family homes higher than the month before.
Mortgage rates were at their recent peak in October. But despite elevated rates, new home buyers were active, pushing sales of newly built single-family homes
Each month, Fannie Mae’s Economic and Strategic Research Group releases a forecast detailing its outlook for the economy and housing market. According to their most
The number of rooms a house has – and how they’re distributed – is even more important than the overall size of the home. A
Your mortgage lender is the first person you should talk to once you’ve decided to buy a home. After a preliminary review of your finances,
The best time to buy a house is when you’re ready. But, once you’re ready, picking the right time of year to start the process
If you want to be approved for a mortgage, you have to qualify. This means, if you have too much debt, too little income, or
Equity is the difference between what you owe on your house and what it’s worth. So, when home prices are growing, equity is too. And
Fannie Mae’s Home Purchase Sentiment Index is based on a monthly survey gauging Americans’ feelings about the housing market and the overall economy. It asks
The typical home buyer doesn’t spend much time considering the price of gypsum products or ready-mix concrete. But the prices builders pay for building materials
There are many gauges of U.S. home prices but the S&P Case-Shiller Indices is among the most closely followed. The index is constructed to accurately
For most of the past year, average mortgage rates have hovered at, or just above, historic lows. Favorable rates helped home buyers at a time
For a prospective home buyer, the more homes there are for sale the better. After all, more available homes mean more choices and a better
Rents recently hit new highs in 40 of the 50 largest U.S. cities, according to a new analysis from the National Association of Realtors’ consumer
If you’re a prospective home buyer, the latest existing home sales data from the National Association of Realtors is a mixed bag. On the one
New technology always takes a while before it catches on. People need to warm up to the idea and make sure it can deliver as
In a competitive market, a good home is likely to draw multiple offers. That means the home’s seller gets to choose the best one. And
Sales of vacation homes started to surge soon after the pandemic began. With more Americans able to work remotely, demand for second homes skyrocketed. It
When a homeowner lists their home for sale and can’t find an interested buyer, the most obvious thing for them to do is lower their