Archives for March 2017

Home Buyers Get An Early Start On Spring

A home sale isn't official until the closing process has been completed and all the paperwork has been signed. However, that usually doesn't happen until about a month after the buyer's offer is accepted. In the meantime, the sale is considered pending. In other words, the … [Read more...]

Mortgage Rate Drop Is 1st In Three Weeks

The Mortgage Bankers Association's Weekly Applications Survey has been conducted every week since 1990 and covers 75 percent of all retail residential mortgages. In other words, it's a pretty reliable gauge of where mortgage rates and application demand are headed. According … [Read more...]

The Truth About Affordability Conditions

If you're like most home buyers, affordability is among your top concerns. After all, the first question you ask when deciding to buy a house is typically going to be whether or not you can afford it. So recent news reports showing mortgage rates and home prices on the rise … [Read more...]

Some Simple Steps To A Greener Home

There are a variety of reasons you might want to make your home green. From allergies to energy bills, giving your home an environmentally minded upgrade can not only be better for your health and utility costs, it can also improve the value of your home when it comes time … [Read more...]

New Home Sales Surge In February

The U.S. Census Bureau and the Department of Housing and Urban Development's monthly new residential sales statistics show sales of new homes rose 6.1 percent in February and are now 12.8 percent above last year's figure. The numbers are an indication that sales may have … [Read more...]

Sales Numbers Show Homes Selling Quickly

Though the number of previously owned homes sold in February fell from the month before, homes sales are still up from one year ago. There's also no shortage of interested home buyers, according to a new report from the National Association of Realtors. In fact, Lawrence … [Read more...]

City Living May Cost More Than Move To Suburbs

Whether you prefer to live in the city or suburbs depends on a lot of factors. From the size of your family to your age and career, there are many different considerations that come into play when deciding where you might want to settle down. Of course, money is always a … [Read more...]

Financial Optimism May Boost Housing Market

The number of American households that believe the economy is improving has jumped 14 percent since last year at this time, according to the recently released results of a quarterly survey from the National Association of Realtors. That improvement could have an impact on … [Read more...]

Will This Year Be Better For Buyers Or Sellers?

If you want to know whether this year is going to be good for buyers or sellers or both, you need to watch for a couple of factors. First, take a look at the housing market. A recent uptick in mortgage rates, combined with higher prices and lower inventory, have made buying … [Read more...]

Builder Confidence Reaches 12-Year High

There are a lot of stages a house goes through on its way to becoming someone's home. And one of the most important steps along that path is its construction. Because builders are there at the beginning of the process, they have an unique perspective on, not only the market, … [Read more...]