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
December isn’t usually the month people think of when they think about buying a home, but this year is different. The housing market is hot
Homebuyers have a lot to think about. After all, there’s a laundry list of factors, features, and amenities to consider when deciding on a house
In the minds of home buyers, there are two big numbers to consider. One is the monthly mortgage payment. Calculating what a particular house will
In the past, shopping for a house to buy involved calculating how difficult your commute to work would be. Whether it was measuring the distance
Typically, this is the time of year when buyers put a pause on house hunting and wait until spring. However, this year is different. Evidence
The idea of packing up your things and moving somewhere new can be exciting – especially if your current living situation isn’t ideal. So it’s
After the coronavirus’ onset in March, remote work became much more widespread. With it, Americans began to realize the benefits of not having to commute
The ebb and flow of the housing market is hard to predict. Unforeseen events, like the COVID-19 pandemic, can come along and ruin all of
Sales of newly built single-family homes are now 41.5 percent higher than they were last year at the same time, according to new numbers from
It’s well known that spring and summer are the housing market’s hottest seasons. But while they’re definitely the busiest times of year, are they really
The S&P Case-Shiller Home Price Indices are among the most closely followed measures of US home values. According to their most recent release, their National
If you’ve been searching for a house to buy, you’ve likely heard that inventory is low right now. There are fewer homes for sale than
Sales of previously owned homes increased 4.3 percent in October, according to new numbers from the National Association of Realtors. The improvement marks the fifth
The Mortgage Bankers Association’s Mortgage Credit Availability Index measures how easy or difficult it is for borrowers to secure financing. If the index increases, that
There are different types of competition. Some are more enjoyable than others. Competition on a golf course, for example, can be fun, while in the
The monthly mortgage payment on the typical single-family home is now $1,059, according to new third-quarter data from the National Association of Realtors. Up $27
Favorable mortgage rates have helped the housing market handle affordability challenges, low inventory, and the coronavirus. With record low rates counteracting continuing price increases, demand