The Neighborhood Feature Buyers Want At Any Age

The factors that influence a home buyer's decision to buy a particular house in a particular neighborhood are very similar across demographic groups. After all, our lives are more similar than they are different. We all want to live in a safe neighborhood with access to … [Read more...]

Demand For Home Purchase Loans Picks Up

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates were up and down last week, with rates rising for FHA and 30-year fixed-rate loans with conforming loan balances but down for jumbo loans and 15-year fixed-rate mortgages. But … [Read more...]

Homeowner Equity Continues To Increase

When you buy a house, you're not just purchasing a place to live. You're also making an investment in the real estate market. Which means, as your home's value grows, so does your equity. Equity, of course, refers to the amount a property is worth minus the amount still owed … [Read more...]

Home Flipping Returns, Hits 11-Year High

Home flipping – which typically refers to the practice of buying a home, renovating it, and selling it for a profit – is popular again and, according to one recent analysis, has now returned to levels not seen since 2006. ATTOM Data Solutions' Year-End 2017 U.S. Home … [Read more...]

The Best Markets For First-Time Home Buyers

Buying a house in a competitive market can be challenging, even for buyers that have been through it before. Getting into a bidding war with another buyer means possibly pushing your budget, or worse, losing the house you set your sights on. But finding and buying a house in … [Read more...]

Incomes Have Risen But Will It Lead To Home Sales?

A rising number of Americans surveyed for Fannie Mae's monthly Home Purchase Sentiment Index say their income is higher than it was last year at this time. But has more money made them more likely to buy or sell a house? Well, according to February's survey results, it's … [Read more...]

Mortgage Rates See Little Movement Last Week

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates were mostly flat last week. In fact, the average contract interest rate for 30-year fixed-rate loans with both conforming and jumbo balances, as well as loans backed by the … [Read more...]

The Top Sacrifices Millennial Buyers Say They’ll Make

Buying a house is a major financial transaction and, for most Americans, the largest one they'll ever undertake. So pulling the necessary resources together to be able to afford the upfront costs, in addition to the ongoing obligations, maintenance, and upkeep can be … [Read more...]

Contract Signings Fall In January

In January, there were more people looking to purchase homes but fewer people signing contracts to buy. The numbers, from the National Association of Realtors' Pending Home Sales Index, show that pending home sales – which refer to contract signings, not closings – were down … [Read more...]

Nearly 60% Of Homeowners Plan Home Improvements

If you're a homeowner, you know the to-do list is never ending. And, if you're a buyer, you'll know soon enough. That's because, owning a home means maintaining a home. Proof of that can be seen in the fifth annual LightStream Home Improvement Survey. According to the … [Read more...]