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
Naturally, the coronavirus and efforts to slow its spread have affected the housing market. Early on, surveys showed home sellers were more pessimistic about conditions
The coronavirus hasn’t just changed the way we shop for homes. It’s also changed where we shop for homes. In fact, according to new data
When considering where to live, there are some factors that are based on your specific preferences and others that are universal. For example, we may
Approximately one in four of the 54.7 million mortgaged homes in the United States was considered equity rich in the first quarter of 2020, according
Fannie Mae’s most-recent Home Purchase Sentiment Index found Americans aren’t expecting big changes ahead for home prices and mortgage rates. The survey – which measures
Everybody knows location is important in real estate. But, if you’ve got a home to sell, when you do it makes a difference too. And
Predicting the housing market’s future is always an inexact science. Trying to factor in the effects of a global health crisis makes it even more
Homeowners who sold their homes during the first quarter of 2020 saw a 33.7 percent return on investment compared to the original purchase price, according
There is growing evidence that home buyer demand is beginning to bounce back. After plunging in March, as coronavirus-related stay-at-home orders were put in place,
According to Freddie Mac’s newest quarterly forecast, most of the economic damage from the coronavirus will be felt in the first half of the year.
New numbers from the National Association of Realtors show sales of previously owned homes down 8.5 percent in March from the month before. The slowdown
Naturally, the coronavirus has made buying and selling a home more complicated this spring. Social distancing and other mitigation efforts have changed the way we
New home construction plays an important role in the overall economy. That’s why the National Association of Home Builders’ Housing Market Index is a closely
Typically, economic forecasts rely on a mix of current and historical data. After all, if you understand where things are today and what’s happened in
First-time home buyers are an important demographic for the housing market. Historically speaking, they represent about 40 percent of buyers in any given year. Naturally,
When thinking about the costs of homeownership, there are some big-ticket items that get most of the attention. But while prospective buyers focus on their
Fannie Mae’s monthly Home Purchase Sentiment Index measures Americans’ perceptions of the housing market, buying and selling a home, prices, mortgage rates, and their personal
Spring is typically the housing market’s busiest season. Mostly, that’s because warmer weather and the chance for families to move and get settled in between
It isn’t surprising that housing market activity fell in March. Coronavirus mitigation efforts were just beginning mid-month and the normal home buying process quickly became
The number of homes for sale has been lower than normal for some time now. A combination of homeowners staying in one place longer, fewer