Tag Archives: economy

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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Consumers Say Housing Is a Strong Financial Investment

May 23, 2019 Sixty-five percent of households nationwide view buying a home in their ZIP code as a good financial investment, according to the Federal Reserve Bank of New York’s 2019 Survey of Consumer Housing Expectations. Nearly 72 percent 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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Existing-Home Sales Increase for Second Consecutive Month

WASHINGTON (December 19, 2018) – Existing-home sales increased in November, according to the National Association of Realtors®, marking two consecutive months of increases. Three of four major U.S. regions saw gains in sales activity last month. Total existing-home sales1, https://www.nar.realtor/existing-home-sales, … Continue reading

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Existing-Home Sales Increase for the 1st Time in 6 Months

WASHINGTON (November 21, 2018) – Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors®. Three of four major U.S. regions saw gains in sales activity last month. Total existing-home sales1, https://www.nar.realtor/existing-home-sales, … Continue reading

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Metro Home Prices Rise 4.8% in 3rd Quarter

WASHINGTON (November 1, 2018) – Low inventory levels of moderately priced homes continue to stifle home sales and maintain the trend of increasing metro market prices according to the latest quarterly report (link is external) by the National Association of … 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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Homeowners Ready to Sell in Third Quarter of 2018

WASHINGTON (September 26, 2018) – New findings from the National Association of Realtors® show that a record high 77 percent of Americans believe that now is a good time to sell a house, while those that think now is a … Continue reading

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