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
The coronavirus caused a shift in home buying preferences. Mitigation efforts led to more Americans working from home, which then caused buyers to look for
If you’re trying to figure out whether or not you can afford something, you typically only have to consider its price. Buying a home, however,
When a home seller accepts an offer and a contract to buy is signed, that home’s sale is considered pending until it closes weeks later.
High buyer demand and low for-sale inventory have made for a hot housing market. Homes are selling quickly and buyers are having to compete for
The S&P Case-Shiller Home Price Indices has collected home price data for the past 30 years and is considered among the leading measures of U.S.
The typical home for sale was on the market for just 21 days in January, according to the National Association of Realtors. That’s down from
Homebuilders know the housing market. Their business depends on it. That’s why the National Association of Home Builders keeps a monthly measure of how confident
Generally speaking, home prices rise more than they fall. If you look at year-over-year data, you’ll see home prices increase a few percentage points almost
There are many ways to measure housing market activity. You can look at it geographically and compare how one region’s homes are selling compared to
A property is considered equity rich when its value is more than double the amount of the loans used to purchase it. In other words,
Fannie Mae’s Home Purchase Sentiment Index surveys Americans each month to gauge their feelings about the housing market and their personal financial situation. The survey
Spring is typically the season when the housing market heats up. And, while it’s still more than a month away, prospective buyers hoping to start
A lot has been written about how the coronavirus and remote work have led home buyers to flee urban centers and head to the suburbs.
When there are fewer homes for sale, the homes that are available sell quickly. That’s no surprise. It’s common sense. And, since inventory has been
Last year was an unusual year for the housing market. Expectations of a busy spring sales season were dashed when the coronavirus took hold and
The number of previously owned homes sold last year was the most in any year since 2006, according to a new report from the National
The S&P Case-Shiller Home Price Indices have been considered among the leading measures of US home prices for decades. According to their most recent release,