Housing Market Updates Archives - Page 53 of 59

How Quickly Can You Save Your Down Payment?

Post published:29 April, 2019
Post category:Down Payments First Time Home Buyers For Buyers For Sellers Housing Market Updates Move-Up Buyers

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we…

Existing Home Sales Slow to Start Spring [INFOGRAPHIC]

Post published:26 April, 2019
Post category:First Time Home Buyers For Buyers For Sellers Housing Market Updates Infographics Move-Up Buyers

Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of…

Renters Paying Substantially More While Owning Costs Less

Post published:25 April, 2019
Post category:First Time Home Buyers For Buyers For Sellers Housing Market Updates Move-Up Buyers Rent vs. Buy

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in…

New Study Reveals One Surprising Reason for the Inventory Shortage

Post published:24 April, 2019
Post category:Baby Boomers Demographics First Time Home Buyers For Buyers For Sellers Housing Market Updates Millennials Move-Up Buyers Senior Market

There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the…

With Inventory Low: Will Your Dream Home Need Some TLC?

Post published:23 April, 2019
Post category:Demographics First Time Home Buyers For Buyers For Sellers Housing Market Updates Millennials Move-Up Buyers

According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a…

Buyer Demand Surging as Spring Market Begins

Post published:18 April, 2019
Post category:First Time Home Buyers For Buyers For Sellers Housing Market Updates Move-Up Buyers

Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred…

Are Low Interest Rates Here to Stay?

Post published:17 April, 2019
Post category:First Time Home Buyers For Buyers For Sellers Housing Market Updates Interest Rates Move-Up Buyers

Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage…

Homeowners: Now Is A Good Time To Sell Your House

Post published:16 April, 2019
Post category:First Time Home Buyers For Buyers For Sellers Housing Market Updates Interest Rates Move-Up Buyers

Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have…

3 Questions You Need To Ask Before Buying A Home

Post published:15 April, 2019
Post category:First Time Home Buyers For Buyers For Sellers Housing Market Updates Interest Rates Move-Up Buyers

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may…

Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]

Post published:12 April, 2019
Post category:Buying Myths Down Payments First Time Home Buyers For Buyers For Sellers Housing Market Updates Infographics Interest Rates Move-Up Buyers Pricing Rent vs. Buy

Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low…