Home Buyers Finally Beginning To See Options

Finding the right home involves a little bit of luck. After all, the chances that there'll be a place in your price range, with all of the features you desire, in the neighborhood you want to live in, at the exact time you're looking aren't necessarily great. But, the more … [Read more...]

Mortgage Rates Are Dropping But So Is Demand

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates were down across all loan categories last week. Rates fell for 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing … [Read more...]

Analysis Looks At Down Payments By State

Saving for a down payment is often a big hurdle for buyers, especially those purchasing their first home. Without the benefit of equity from a previous home's sale, first-time home buyers have to come up with the money from scratch. That can be difficult, especially if they … [Read more...]

How Long Do Buyers Spend Looking For A Home?

Choosing a home to buy is a pretty big decision. For the amount of money and time you'll end up investing, it wouldn't be smart to make it a hasty one. But depending on how competitive your market is, you also can't spend too much time deliberating over a particular … [Read more...]

Number Of Equity Rich Properties On the Rise

Buying a home means making an investment in the real estate market. And, while it may not be your main motivation for buying, the chance that you'll see a return on that investment is undoubtedly a good thing. It's among the reasons that homeownership has retained its appeal … [Read more...]

Americans See Affordability Conditions Improving

Last year's housing market had its challenges. Though there was plenty of interest from home buyers, too few homes for sale, rising interest rates, and high prices dampened some of the enthusiasm. Now, according to the most recent Home Purchase Sentiment Index from Fannie … [Read more...]

Mortgage Demand Slips Even As Rates Fall

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates fell sharply last week across all loan categories, including 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing … [Read more...]

Average Home Seller Profit Hits 12-Year High

Homeowners who sold a house in 2018 saw an average gain since purchase of $61,000, according to new numbers from ATTOM Data Solutions. ATTOM's Year-End 2018 U.S. Home Sales Report found that home sellers averaged a 32.6 percent return on investment when comparing the price … [Read more...]

Lenders Say More Homes For Sale Are Needed

Fannie Mae's quarterly Mortgage Lender Sentiment Survey asks senior mortgage executives for their perceptions of the market and forecast for the future. According to the most recent release, lenders point to an “insufficient supply of homes available for sale” as the primary … [Read more...]

Fewer Buyers Pay Above Asking Price In December

Potential spring home buyers may find that they've regained some negotiating power when they head out to shop for a house to buy. That's because, after a few years where sellers held all the cards, buyers are beginning to see conditions shift in a more favorable direction. … [Read more...]