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
These days, most buyers start their home search online. In fact, according to one analysis, 97 percent of recent home buyers used the internet while
New data from the National Association of Realtors show sales of previously owned homes fell in May. Existing home sales were down 3.4 percent from
You can certainly buy a home without thinking about your budget, but it’s not advisable. Without a clear understanding of what you’ll be spending and
Home builders are a good gauge of where the housing market is headed. After all, their business depends on being able to tell when and
The standards lenders use to determine whether or not a borrower is approved for a mortgage aren’t fixed. There are times when it’s easier to
The number of homes for sale has been lower than normal for years now. Home shoppers looking for a home to buy have had to
Pandemic-related lockdowns made many Americans want more space. So when home buyers came back to the market, sales in the suburbs heated up. Buyers wanted
Fannie Mae’s monthly Home Purchase Sentiment Index measures how Americans feel about the housing market and economy. It asks respondents whether they think it’s a
Calculating how much house you can afford can be difficult. Not only do you have to take your budget and lifestyle into account, you also
Every homeowner with a home to sell wants to attract qualified buyers. After all, the more interest there is in your home, the more likely
These days, it seems like most housing market forecasts are predicting home price increases will begin to slow at some point this year. Whether it’s
Home insurance isn’t required by law but, most likely, your lender’s going to require it to get a mortgage. Even if they didn’t, it’d probably
The National Association of Realtors’ Pending Home Sales Index is considered a good indicator of future home sales because it measures contract signings rather than
Home buyer preferences are usually pretty consistent. What home shoppers are looking for in a house or neighborhood doesn’t change all that much from year
Affordability is a hot topic these days. After two years of rapid home price growth and the recent spike in mortgage rates, prospective home buyers
Homes for sale continue to sell quickly, according to new numbers from the National Association of Realtors. Data from April shows 88 percent of homes
The standards lenders use to determine whether or not a borrower is approved for a loan aren’t fixed. That means there are times when it’s