Archives for June 2017

Buyer Interest High But Slowed By Supply

From all accounts, there are a lot of Americans interested in buying a home this year. Whether it's because of sustained job market improvement or mortgage rates that remain low compared to where they've been historically, home buyers are ready to buy. However, in many … [Read more...]

Mortgage Rates Steady As Jumbo Demand Falls

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates were largely flat last week, with little significant movement on rates for 30-year fixed-rate mortgages with both conforming and jumbo balances, loans backed by the Federal … [Read more...]

Real Estate Rebound Should Surpass Last Year

If you read real-estate news regularly, you may get the impression that homes right now are less affordable, buyers are less interested, and homeowners are less likely to sell than in the past. But, taking a big-picture view of where things are may give you a very different … [Read more...]

How Long Will The Housing Market Stay Hot?

Like any market, the housing market has its ups-and-downs. For the last several years, though, it's consistently been on the rise with no sign of slowing down. That means, home buyers have increasingly been met with higher home prices and listings that sell more quickly with … [Read more...]

New Home Sales Rise But So Do Prices

Following news that sales of previously owned homes rose in May, the U.S. Census Bureau and the Department of Housing and Urban Development released their estimate of how many new homes were sold during the month. According to the report, new home sales were up 2.9 percent … [Read more...]

Sales Of Previously Owned Homes Up In May

Sales of existing homes fell in April but bounced back in May, according to new numbers from the National Association of Realtors. May sales of previously owned homes rose 1.1 percent and are now 2.7 percent higher than they were at the same time last year. Lawrence Yun, … [Read more...]

Demand High As Mortgage Rates Remain Low

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates remained low last week. In fact, rates were mostly flat across all loan categories, including 30-year fixed-rate mortgages with both conforming and jumbo balances, loans backed … [Read more...]

Are Fewer Young Americans Buying Homes?

A newly released study from researchers at the University of Southern California looks at homeownership rates among young adults between the ages of 25 and 44. The study's results show, among that age group, there's been a 10 percent drop in the homeownership rate over the … [Read more...]

Housing Market Outlook Tells Familiar Story

Following the ups-and-downs of the housing market can be difficult for the average home buyer or seller. Because of this, many Americans get in the market without a basic understanding of the forces currently driving home prices, mortgage rates, demand, etc. However, it can … [Read more...]

Lawn Tips That Might Help Sell Your Home

When considering home improvement projects that can add value to your home or even help it sell faster, don't forget to pay some attention to your lawn and landscaping. Good landscape design can help you get a better price when it's time to move but will also help beautify … [Read more...]