Tag Archives: Home Buyers

The demand for housing is on the rise despite headwinds like inventory shortage, increased mortgage rates, and volatile stock markets according to online brokerage firm Redfin, which released ...

The housing prices show no sign of falling. Yet, according to the Real House Price Index released by First American Financial Corporation (First American) on Monday, the home ...

In a new survey, more homebuyers cited that their reasoning for buying a home was personal choice—build equity, move to a good school district, have a larger yard or living area, secure a vacation home—than out of necessity. Twenty-six percent said sudden or unexpected changes to their life, such as pregnancy, marriage, divorce, a death in the family, financial hardship, or health reasons necessitated their purchasing of a phone, as opposed to the former 31 percent. Unsurprisingly, those who wanted to buy were more likely to secure a FHA loan to pay for their home, while those who felt like they needed to buy took a 30-year mortgage or paid cash.

The Demand index, based on Redfin customer requests for home tours and writing offers, shows that buyers requesting tours were down 8.2 percent while buyers requesting writing offers were down 7.7 percent month-over-month. Redfin blames the slight reduction in demand on the small inventory.

The five major measuring tools used to rank each state for first time buyers were housing affordability, the job market for young adult, housing market tightness, credit availability, and homeownership among the under-35 crowd.

New homebuyers are seeking homes near growing job centers and with lower prices. Which state had the most markets in the top 10 hottest neighborhoods list?

Where people live and where they look for homes is not as easy a picture to paint as one might think. A new report by Zillow shows that ...