Home-Buying

Buyers Caught in Deadlock: NAR

February 7th, 2018
Buying a home is a mark of the American Dream—but even though the desire exists, realizing it is a struggle, according to the Aspiring Home Buyers Profile recently released by the National Association of REALTORS® (NAR). Homebuyers are hopeful, however....

Confidence in Housing Soars at Start of Year

February 8th, 2018
Confidence in housing is breaking new records, soaring in January in the Fannie Mae Home Purchase Sentiment Index® (HPSI). The HPSI overall posted 89.5 in January, 3.7 percentage points higher than the month prior and 6.8 percentage points higher than...

Home Prices Relax Ahead of Spring

February 26th, 2018
The brakes are on growing home prices, with appreciation at 6.7 percent—the lowest rate since November 2016, according to the January Zillow® Real Estate Market Report. Appreciation hit 7.6 percent in May 2017 but tempered through the year. The deceleration...

Pending Sales Cave Under Mortgage Rate, Supply Pressures

February 28th, 2018
January’s pending home sales caved, dropping 4.7 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). All four of the major regions in the U.S. experienced fewer sales, with the Northeast 9 percent lower, the Midwest...

Confidence in Housing U-Turns

March 8th, 2018
Confidence in housing u-turned in February in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with the HPSI overall posting 85.8, 3.7 percentage points lower than the month prior and 2.5 percentage points lower than the year prior. The backtrack...

5 Great Cities for Millennial Homebuyers

March 11th, 2018
(TNS)—For millennials who are ready to become homeowners, finding an affordable house in a great community can be challenging. With housing inventory historically low, real estate in major metro areas is at a premium. It’s no surprise, then, that young...

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...
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