Tag Archives: buying a home

What the Fed’s Rate Cut Means for Buyers

The Federal Reserve on Wednesday cut interest rates for the first time since the Great Recession took hold in 2008, though the move is not likely to deliver significant juice to an already favorable borrowing environment for home buyers. The … Continue reading

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Gap Widens Between What Buyers Want, What’s for Sale

Home buyers are finding fewer homes for sale that are meeting their price expectations. Half of all home buyers say they’re looking for a home priced under $288,000. But that is 9.1% below—or $27,000 less–than the median list price of … Continue reading

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Lower Mortgage Rates May Sprout Early Spring Buying Season

Mortgage rates inched lower for the third consecutive week. Freddie Mac Chief Economist Sam Khater says the lower rates bode well for the spring home buying season, typically the busiest time of the year for home shopping. “Mortgage rates … … Continue reading

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First Time Home Buyers Continue To Struggle

Single Females Remain a Force in Market, While First-time Buyers Continue to Struggle, According to Realtor® 2018 Buyer and Seller Survey WASHINGTON (October 29, 2018) – Single female buyers continue to be a powerful force in the market, while low … Continue reading

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Metro Home-Price Growth Quickens to 5.7% in the 1st Quarter

WASHINGTON (May 14, 2018) – Inventory levels hovering at all-time lows weighed down home sales and fueled faster price appreciation during the first three months of the year, according to the latest quarterly report by the National Association of Realtors®. … Continue reading

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7 Compromises You Should Never Make When Buying a Home

By Wendy Helfenbaum | Sep 21, 2017 Every successful home search begins with a wish list. Armed with your inventory of must-haves, you’ll know how to focus your search and recognize a potential home that isn’t worth your time. Still, there’s a … Continue reading

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Existing-Home Sales Retreat 1.8% in June

WASHINGTON (July 24, 2017) — Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an … Continue reading

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84% of Americans See Homeownership as Good Investment

 WASHINGTON (July 12, 2017) — According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white … Continue reading

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How Long Does It Take to Get a Mortgage?

Daily Real Estate News | Tuesday, June 13, 2017 Home shoppers may need to plan for more time than they realize when they’re starting the process of obtaining a mortgage. “Today’s mortgage process is very involved, particularly with regard to … Continue reading

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