Homebuyers looking to stay within their budget should find themselves with a bit more breathing room as the number of people paying more than the list price for their home declines to 40.9% of buyers.
Read More »Mortgage Credit Availability Ticked Upwards in October
Lending standards loosened, driven by an increase in conventional mortgage credit, as well as an expansion in agency programs for ARMs and high-balance loans, according to a new report.
Read More »Is Listing Your Home Soon a Good Idea?
Prospective sellers who list their homes in the near future may be able to take advantage of a number of factors, netting them the best deal possible for an off-season sale.
Read More »Home Prices Find a New High in Q3
According to a report, the median sales price of single-family existing homes climbed 16% from one year ago, but the rate of growth slowed when compared to the prior quarter.
Read More »Where Does Gen Z Stand on Homeownership?
Despite a generally positive outlook on homeownership, it’s not a goal that many Gen Z renters are actively working toward. Here’s how many say that it’s currently their top financial priority.
Read More »Share of Single-Income Homes on the Rise
The pandemic has caused shifts in the demographics of households including how many streams of income a household has while others found happiness by moving to a new metropolitan area to take advantage of a different housing market or to be closer to family.
Read More »Investors Are Returning to the Market in Big Ways
Nationally, investor activity accounted for 5.7% of home purchases and 4.5% of home sales in July meaning that on net, they were buying more than selling and competing with homebuyers nationwide.
Read More »Refis Reduced to 45% of Total Volume
The latest data from Optimal Blue’s daily interest rate tracker found interest rates for a 30-year mortgage by the end of October increased 6 basis points to 3.27%, which now totals a 30 ...
Read More »Rising Interest Rates Driving Late-Season Homebuying Push
In an unseasonable move, home prices and the rate at which they sell both ticked upwards in October, bucking trends that usually see a cooling during this time of year.
Read More »No Matter the Price, Homes Selling Quickly
An average-priced home now sells within 16 days, down by 12 days year-over-year, when it took about a month to sell the same home.
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