Archives for February 2018

Stronger Job Market Keeps Home Buyers Hopeful

There are a lot of different factors that play a role in determining whether or not you can buy a house and how much house you should buy. Current mortgage rates, home prices, your personal debt, income, and financial situation can all factor into your decision. That means, … [Read more...]

New Home Inventory Reaches 9-Year High

The number of new homes for sale is an important barometer for the housing market. That's because, new homes are the fastest way to add inventory to the market. And, because inventory shortages are currently pushing home prices upward, the number of new homes available for … [Read more...]

Number Of Showings Up Over Last Year

If you want an accurate read of how many interested home buyers are active in the housing market right now, you can't do much better than a measure of appointments to view available homes. The number of showings potential buyers set up provides a pretty good snapshot of how … [Read more...]

Home Sales Cool Before Spring Season Heats Up

According to the National Association of Realtors, sales of existing homes fell 3.2 percent in January and are now at their slowest pace since last September. This isn't all that surprising, considering home sales tend to slow during the winter. However, there are a few … [Read more...]

Rising Mortgage Rates A Sign Of A Stronger Economy

For many years following the financial crisis, interest rates hovered near historic lows. Partly, this was because keeping rates low was a way to encourage investment in the economy. However, as the economy grew stronger, the expectation has always been that rates would … [Read more...]

Owners Of Smaller Homes Seeing The Biggest Gains

Smaller, affordable homes are in high demand these days. With a growing number of first-time home buyers entering the market and a lower-than-normal number of entry-level homes available for sale, there is a lot of competition for good, affordable homes among younger buyers. … [Read more...]

Conditions Are Ripe For Spring Home Buyers

As the spring home buying season approaches, there are many moving parts analysts and experts look at to determine how home buyers and sellers might fare. Economic growth, the job market, interest rates, home prices, buyer demand, and inventory are just some of the factors … [Read more...]

Builders Expect New Home Sales To Grow

If anyone knows the new home market, it's builders. After all, their business depends on demand for newly built homes. That's why the National Association of Home Builders surveys them monthly to gauge their perception of the market today and over the next six months. … [Read more...]

Stock Market Volatility Shakes Mortgage Demand

According to the Mortgage Bankers Association's Weekly Applications Survey, demand for mortgage applications fell 4.1 percent last week from the week before. But though there was another increase in average mortgage rates, the decline was not seen as solely a reaction to … [Read more...]

Bedroom Communities Top List Of Safest Cities

A “bedroom community” refers to a suburb outside a major metropolis where the majority of residents commute to the city for work. These town have a number of characteristics that identify them but, according to new research from NeighborhoodScout, they are also known for … [Read more...]