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
It’s easy to ignore your credit score. After all, it’s not something that comes up that often in day-to-day life. But, if you’re thinking about
When a buyer has their offer accepted by a home seller, a contract is signed. The transaction isn’t closed, though, until after the details of
Home prices have been increasing at an accelerated pace for years now. That’s great for homeowners but an obvious challenge for buyers, who could likely
The rate of new home construction is an important housing market indicator. It not only says something about the economy and buyer demand, but it
Home sales fell in June, according to new numbers from the National Association of Realtors. Sales of existing homes dropped 5.4 percent from the month
The housing market is in transition. For years, there’s been a shortage of homes for sale and an abundance of buyers. But elevated buyer demand
In a competitive market, homes for sale don’t last long. A listing can appear mid-week and have multiple offers by the weekend. Because of this,
The number of homes for sale has recently shown signs of a rebound after hitting historic lows during the pandemic. The additional listings are obviously
In order to buy a house, you need a mortgage. To get a mortgage, you need to be approved for a loan. That means having
Unless you’re buying a newly built house, you’re going to be shopping for home that is likely decades old. That can mean charm and character.
Fannie Mae’s monthly Home Purchase Sentiment Index surveys Americans and asks them for their perception of the housing market and economy. Survey respondents are asked
The best way to get a feel for whether or not a home for sale fits your needs is to see it in person. Nothing
Home prices had already been increasing by the time the pandemic started. After it began, though, prices shot up even faster than before. Since then,
The housing market is in transition. Conditions are changing quickly and that can be scary for prospective home buyers. But while the market is definitely
According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates fell last week for 30-year fixed-rate loans with both conforming and jumbo balances.
The low supply of homes for sale has been the housing market’s primary issue for years now. That’s why an unexpectedly positive report from the
For home buyers, affordability is always a top concern. That’s why news of home price increases and rising mortgage rates has some buyers feeling hesitant