Housing Outlook Sees Strong Year Ahead

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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, and rising wages should continue to support economic growth. But …

Where Millennial Home Buyers Are Buying Now

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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. There are, of course, many factors that have made it …

The Top Buyer Fears And How To Fight Them

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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 of the top fears of potential home buyers? Well, according …

The Cost Of Renting Continues To Climb

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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 the more affordable option. In fact, rent has been climbing …

Top Tips For Selling A House This Year

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Selling a home can be challenging in any year. Even if market conditions are perfect for homeowners who want to sell, just the act of finding a buyer, shopping for a new place, and organizing a move can be overwhelming. Add in lower for-sale inventory, higher mortgage rates, and economic uncertainty and it may seem like too much to take …

The Real Estate Trends To Watch In 2017

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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 totally in the dark. So what should you be watching if you’re …

The Surest Path To A Lower Mortgage Rate

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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 moved higher over the past several weeks, they still remain low …

The Top Spots For Buying A Second Home

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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 imagining them. There are 7.5 million houses that are being used …