April is New Homes Month and, according to data from the Commerce Department, there's a number of reasons to celebrate. Not only do new homes offer buyers the advantage of having a brand-new house with all new plumbing, electrical, mechanical, and structural features but they also provide increased energy efficiency …

According to the Mortgage Bankers Association's Weekly Applications Survey, the size of the average home loan has reached a record high. And, since the survey has been conducted since 1990 and covers 75 percent of all retail residential mortgage applications, that's saying something. But, though the increasing size of the …

Home prices can be intimidating. Without some guidance and understanding, it's easy to get confused about what a particular price will mean when all is said and done. Mortgage rates, taxes, insurance, and your income all play a role in how much house you can afford. So a simple price …

It's somewhat natural to want to break up the housing market into buyers and sellers. You're either a homeowner looking for a home buyer or on the hunt for a new place to call your own. But though that's the way a lot of us think about the real estate …

A home sale isn't official until the closing process has been completed and all the paperwork has been signed. However, that usually doesn't happen until about a month after the buyer's offer is accepted. In the meantime, the sale is considered pending. In other words, the …

The U.S. Census Bureau and the Department of Housing and Urban Development's monthly new residential sales statistics show sales of new homes rose 6.1 percent in February and are now 12.8 percent above last year's figure. The numbers are an indication that sales may have begun improving before the official …

Though the number of previously owned homes sold in February fell from the month before, homes sales are still up from one year ago. There's also no shortage of interested home buyers, according to a new report from the National Association of Realtors. In fact, Lawrence Yun, NAR's chief economist, …

Demand for home loans dropped last week, according to new figures from the Mortgage Bankers Association. The MBA's Weekly Applications Survey – which tracks mortgage rates and application demand – showed a 2.7 percent decline in the number of Americans requesting applications for home loans. This time, however, the drop …

If you want to know whether this year is going to be good for buyers or sellers or both, you need to watch for a couple of factors. First, take a look at the housing market. A recent uptick in mortgage rates, combined with higher prices and lower inventory, have …

There are a lot of stages a house goes through on its way to becoming someone's home. And one of the most important steps along that path is its construction. Because builders are there at the beginning of the process, they have an unique perspective on, not only the market, …