Sales Numbers Show Homes Selling Quickly

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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, says buyer traffic is stronger than last year and it’s …

Will This Year Be Better For Buyers Or Sellers?

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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 made buying a home slightly less affordable than it was …

The Nation’s Best Cities For Selling A Home

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With spring quickly approaching, now is the time of year when home buyers start getting serious about finding a house to buy. That means, it’s also the best time of year for homeowners who have been thinking about putting their home up for sale. With for-sale inventory low in many markets, it’s a good time to be a home seller. …

The Return Of The Gen X Home Buyer

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Generally, Generation X is used to refer to people born in the 1960s and ’70s. Because they reached peak home buying age right around the time home prices began to drop, many found themselves underwater on their mortgage and unable to sell their house and upgrade to a larger home. Now, according to the National Association of Realtors 2017 Home …

What New Homeowners Say They’d Do Differently

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Buying a house is no small purchase. So you definitely don’t want to find yourself regretting your choice after you’ve signed the papers and settled in. But though we all know it’s an important decision and one to be taken seriously, a lot of new homeowners say they’d do things differently if they had the chance to go through the …

How Inflation Might Affect The Housing Market

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The dictionary definition of inflation is a “substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency.” In other words, inflation means you get less bang for your buck. And, according to a new outlook from Freddie Mac, it has shown signs it may …

Home Buyer Demand Hits Post-Recession High

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Though this year’s real estate market may not look as buyer friendly as it has in recent years, demand is at its highest level since the Great Recession, according to the National Association of Realtors’ chief economist, Lawrence Yun. Yun says Americans are feeling more confident about their financial status due to better job prospects and recent stock market gains. …