Home-Buying

Buying Costs Mount This Spring

March 14th, 2018
Are you looking to purchase this spring? The combination of increasing prices and rates is making the price tag steeper. The average monthly mortgage payment has risen by $168, or 12.7 percent, year-over-year, according to an analysis by realtor.com®. The...

Buyers Have High Hopes for Spring

March 25th, 2018
Getting Equipped to Win Buyers are flocking to the market this spring, with high hopes even as they face a frenzy of multiple-offer situations, according to new realtor.com® research. Currently, inventory is down 8.5 percent year-over-year. In addition to the...

Is the Economy Fostering Optimism in Real Estate? Not Yet

March 27th, 2018
Confidence in the economy is high, but optimism about ownership is not, according to the National Association of REALTORS® (NAR). The amount of buyers who are confident about their prospects shrank to 68 percent in NAR’s quarterly Housing Opportunities and...

Buyer Preferences This Spring? Standard

April 2nd, 2018
With inventory lower-than-low and prices rising, the market is anything but ordinary this spring. Buyers, nonetheless, are opting for traditional, according to realtor.com®. The average buyer is on the hunt for a three-bedroom, two-bathroom home, complete with a garage and...

Confidence in Housing Makes Near-Record Return

December 10th, 2017
Confidence in housing made a near-record return in November in the Fannie Mae Home Purchase Sentiment Index® (HPSI), derived from Fannie’s National Housing Survey® (NHS). The HPSI overall posted 87.8 in November, 2.6 percentage points higher than the month prior....

Affordability Challenged in Over Half of Markets: Report

April 7th, 2018
Affordability is being crunched in 68 percent of, or 304 out of 446, counties in the U.S., according to ATTOM Data Solutions Q1 2018 U.S. Home Affordability Report. Buyers, in other words, are not earning enough to make monthly payments...

Millennials and the Silent Gen Agree: Walkability Wins

January 1st, 2018
Millennials are not the only generation preferring proximity to restaurants and retail. Americans born between the mid-1920s up until 1945—the “Silent Generation”—are also on the lookout for walkability. Fifty-five percent of members of the Silent Generation recently surveyed by the...

Confidence in Housing Jumps at Spring’s Start

April 9th, 2018
Confidence in housing jumped in March in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with the HPSI overall posting 88.3, 2.5 percentage points higher than one month prior and 3.8 percentage points higher than one year prior. The boost...

In 2017, Multiple Offers Scored Sellers Thousands

January 11th, 2018
Did you buy a home last year? Did you make an above-asking bid? Approximately 24 percent of for-sale homes in 2017 sold for higher than what they were listed for, according to an analysis recently released by Zillow. Five years...

Are Buyers Stretched Too Thin?

April 26th, 2018
With a nationwide inventory shortage, home prices are spiking, spurring bidding wars in tough-to-negotiate sellers’ markets—and yet, these conditions are not dissuading buyers from throwing their hat in the ring, even if that means stretching themselves thin to reach that...
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