Buying, Selling

Jan. 27, 2017

New Home Sales Rose 12.2% Last Year

The number of new homes sold last year was 12.2 percent higher than it was the year before, according to new estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. The numbers show an estimated 563,000 new homes were sold in 2016, compared to …

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Jan. 26, 2017

Home Buyers Not Deterred By Higher Rates

According to the Mortgage Bankers Association, mortgage rates increased last week but, despite higher rates, so did demand for mortgage loan applications. In fact, the number of Americans requesting applications for loans to buy homes was up 6 percent from the week before, reaching its highest level since last June. …

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Jan. 25, 2017

Existing Home Sales Have Best Year Since 2006

In 2016, sales of previously owned homes reached their highest level in 10 years, according to new estimates from the National Association of Realtors. A combination of low mortgage rates and an improving economy helped push sales higher than the year before. Still, they remain about 1 million short of …

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Jan. 23, 2017

Housing Outlook Sees Strong Year Ahead

Though there is some uncertainty about how changing economic policies might affect the economy and housing market in the months to come, Fannie Mae's most recent Economic and Housing Outlook from their Economic & Strategic Research Group sees continued improvement ahead. In short, improved consumer spending, a healthy labor market, …

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Jan. 10, 2017

Survey Finds Americans In The Mood To Buy

There are an endless number of reasons you might decide to buy a home at any particular time in your life. Whether you just got a new job on the other side of town or are looking for a place closer to family, the motivation behind a move is usually …

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Jan. 6, 2017

The Real Estate Trends To Watch In 2017

The real-estate market is constantly evolving and there are a lot of moving parts. So, whether you're buying or selling a home, it's good to have some awareness of your local market, average mortgage rates, home prices, inventory, etc. That way, you aren't approaching a major financial transaction …

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Jan. 5, 2017

Mortgage Rates Fall Over Holiday Season

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates fell over the two-week holiday season. Rates were down for 30-year fixed-rate loans with both conforming and jumbo balances, as well as 15-year fixed-rate loans. Rates for mortgages backed by the Federal Housing Administration were unchanged. But despite …

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Jan. 3, 2017

The Top Spots For Buying A Second Home

Buying a second home is a common dream. Whether you want a place at your favorite vacation spot or a getaway close to home, it's fun to imagine the possibilities. And, according to recent estimates from the National Association of Home Builders, millions of Americans are doing more than …

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Dec. 19, 2016

Top Tips For Selling Your House Quickly

Selling a house can be an emotional experience. On the one hand, you're moving and eager to get started on a new and exciting chapter of your life. On the other, you're leaving a place where you've made memories and developed attachments. So the last thing you want, once you've …

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Dec. 5, 2016

What 1st-Time Home Buyers Need To Know Now

It's normal to feel a little bit of stress when buying a house. Whether it's financial worry or just the logistics of moving all of your belongings to a new home, there's a lot to think about and plan for. This is especially true for first-time home buyers. That's because …

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