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 asks Americans how they feel about the housing market, mortgage rates, prices, and whether it’s a good time to buy or
Home sales are a good way to measure how many buyers are active in the housing market. But home sales only count the buyers who’ve
When homes are selling quickly, home buyers need to be prepared. If they aren’t, they risk losing a home they’re interested in a better-prepared buyer
Home prices shot upward over the past two years. Driven by a historically low number of homes for sale and growing demand from buyers, prices
There’s a reason it’s called a seller’s market. When there are too few homes for sale and plenty of buyers, home seller’s set the terms.
Measuring the number of contracts to buy homes signed in a given month will give you a good idea of what the following month’s home
Home values have been rising steadily for years now. The pandemic caused them to accelerate, but it’s not as though they just start increasing two
The housing market has gotten a little easier for buyers lately. Listings are lasting longer and home-price increases have slowed. It’s definitely still a seller’s
Sales of previously owned homes fell 5.9 percent in July, according to new numbers from the National Association of Realtors. The decline continues a downward
Buying a house means setting priorities. More than likely, you won’t find one that checks off every single item on your wish list. So you’re
New homes are generally more expensive than previously owned homes. That’s not surprising. Anything brand new typically costs more than something used. But if you’re
A new quarterly report from the National Association of Realtors found the median home price reached a new record high during the second quarter. By
Before you can buy a house, you need to secure financing. That means getting a mortgage. But the standards used to determine whether or not
The number of homes for sale is growing at a record pace, according to new numbers from the National Association of Realtors’ consumer website. Their
Equity is the difference between what your home is worth and what you owe on your mortgage. This means, it’s a good thing to have
A competitive housing market can be stressful for home buyers. When there are more buyers than homes for sale, available homes sell quickly and for
According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates saw their biggest decline in two years last week. Rates fell across all
The past couple of years has been good for home sellers. A historically low number of homes for sale combined with elevated demand from buyers