Buying

March 29, 2017

The Truth About Affordability Conditions

If you're like most home buyers, affordability is among your top concerns. After all, the first question you ask when deciding to buy a house is typically going to be whether or not you can afford it. So recent news reports showing mortgage rates and home prices on the rise …

View More
Posted in Buying
Feb. 21, 2017

Despite Challenges Outlook Sees Growth Ahead

The housing market is always evolving – and at different rates depending on where you live. Whether you're looking at new home construction or mortgage rates, the numbers are always in flux. Because of this, Fannie Mae's monthly Economic & Strategic Research Group releases a monthly Economic and Housing Outlook …

View More
Posted in Buying
Feb. 10, 2017

59 Million Americans Say They Want To Buy

A recent survey conducted by Princeton Survey Research Associates says 59 million Americans are considering buying a home this year. That's roughly one in four adults. Conducted on behalf of Bankrate, the survey shows the strongest demand among parents with young children and adults between …

View More
Posted in Buying
Feb. 9, 2017

Mortgage Rates Dip Within Narrow Range

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates moved lower last week across all loan categories. Rates were down for 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate loans. Since the beginning of the year, …

View More
Posted in Buying
Jan. 20, 2017

New Home Market Off To Optimistic Start

New data from the Commerce Department and the National Association of Home Builders shows builders are optimistic about the market for new homes this year. That's an encouraging sign, as a lower than normal number of homes available for sale has caused affordability conditions to decline in recent months. If …

View More
Posted in Buying
Jan. 18, 2017

Where Millennial Home Buyers Are Buying Now

The fact that young Americans aren't buying homes at the rate they used to isn't news. Ever since the housing crash, Millennial homeownership rates have been lower than historically normal. In fact, homeownership rates among buyers between the ages of 18 and 34 dropped 8 percent between 2006 and 2015. …

View More
Posted in Buying
Jan. 17, 2017

The Top Buyer Fears And How To Fight Them

For a lot of people, buying a home is both exciting and a little bit intimidating. On the one hand, it's seen as a vital part of achieving the American dream and, on the other, it's a major financial undertaking that comes with some real risks. So what are some …

View More
Posted in Buying
Jan. 11, 2017

The Cost Of Renting Continues To Climb

Naturally, affordability is a concern for anyone deciding whether they'll rent or buy their next home. Buying a house is a significant undertaking and involves a number of costs and responsibilities that renters don't have to worry about. That, however, doesn't necessarily mean that renting is always going to be …

View More
Posted in Buying
Jan. 4, 2017

The Surest Path To A Lower Mortgage Rate

With the recent rise in mortgage rates, many Americans who were thinking of buying a home this year may be feeling concerned about how much house they'll be able to afford. If that describes you, there are a couple of things to remember. First off, even though rates have …

View More
Posted in Buying
Dec. 7, 2016

Smart Home Technology Beginning To Catch On

Though still new to most homeowners and buyers, smart home technology is starting to catch on. These days, you can find everything from smart thermostats to locks and light bulbs that use an Internet connection to allow you to control them from your phone or computer. These devices and home …

View More
Posted in Buying