Tag Archives: Mortgage

Housing Market Is Feeling Effects of Coronavirus Outbreak

February 6, 2020 The U.S. housing market is feeling the impact of the new coronavirus outbreak from China. Mortgage interest rates have dropped because of it, and the luxury sector has seen Chinese buyers, who had been propelling that market, … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Housing Market Is Feeling Effects of Coronavirus Outbreak

Existing-Home Sales Climb 3.6% in December

WASHINGTON (January 22, 2020) – Existing-home sales grew in December, bouncing back after a slight fall in November, according to the National Association of Realtors®. Although the Midwest saw sales decline, the other three major U.S. regions reported meaningful growth … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Existing-Home Sales Climb 3.6% in December

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

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , | Comments Off on Consumers Say Housing Is a Strong Financial Investment

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

Posted in Mortage/ Finance News, Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Lower Mortgage Rates May Sprout Early Spring Buying Season

Millennials Are Undeterred by Fixer Uppers

Young adult home buyers aren’t afraid to buy a home in need of some major TLC. Sixty-seven percent of millennial home shoppers who participated in a recent Clever Real Estate survey of 1,000 U.S. residents in the market for a … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Millennials Are Undeterred by Fixer Uppers

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

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Existing-Home Sales Increase for the 1st Time in 6 Months

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

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Metro Home Prices Rise 4.8% in 3rd Quarter

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

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Homeowners Ready to Sell in Third Quarter of 2018

Market Shifting to Buyers’ Favor

September 26, 2018 A housing market defined by rapidly rising home prices, bidding wars, a lack of inventory, and sellers with the upper hand in negotiations may be changing. “The signs are pointing to a market that’s shifting toward buyers,” … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Market Shifting to Buyers’ Favor