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
What we consider a big house changes over time. Someone in 1910, for example, would have a very different idea about how much living space
Since COVID-19 hit the country, closing businesses and schools, the phrase, “new normal,” became a part of everyday speech. As the housing market starts to
If you’re considering buying a home, you’ve likely already thought about whether or not you can afford it. After all, buying a home is a
When the coronavirus pandemic began in mid-March, there were understandable concerns about how it would affect the housing market. But fortunately, though activity did fall,
The National Association of Realtors’ consumer website recently released the results of their quarterly Cross Market Demand Report, which looks at the homes and neighborhoods
Fannie Mae’s Home Purchase Sentiment Index surveys Americans about their feelings toward the housing market, buying and selling a home, job expectations, and their personal
Simply put, having equity means your home is worth more than the amount you owe on it. And, according to ATTOM Data Solutions’ second-quarter 2020
Everybody’s home search is different. Where one buyer may fall in love, make an offer, and sign a contract after seeing a single house, another
In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage
Typically, home shoppers would have to take their daily commute into consideration when weighing whether or not to buy a particular house. After all, no
Low inventory has been the housing market’s main challenge since well before the coronavirus pandemic began. Since its onset, though, the number of homes for
The S&P Case-Shiller Home Price Indices are considered the leading measure of U.S. home prices. According to their most recent release, which covers data through
The housing market continues to show encouraging signs of improvement. Just how encouraging becomes clearer with each new data release. For example, it was just
At the beginning of the year, most analysts were predicting a hot spring sales season for the housing market. But in the wake of the
Accessory dwelling units (ADUs) are defined as secondary, self-contained housing units located on the same lot as a primary single-family home. In other words, guest
The coronavirus outbreak has caused us to change a lot about the way we get things done. Everything from grocery shopping to getting a haircut
Whether you’re looking to buy a new house or not, what’s happening in the new home market should matter to you. That’s because, when the
In an effort to determine how affordable it is to buy a home, ATTOM Data Solutions looked at how much of the average wage earner’s
When there are more home buyers than there are homes for sale, prices rise. Mostly, that’s because buyers have to compete with each other for
A new survey of Realtors found that the vast majority say home buyers have returned and are eager to make a move. The survey, conducted