What are the chances of getting a plot of land for $1 in one of the country’s hottest housing markets, where the median home price is $540,000 to ...
Read More »How Will Rising Mortgage Rates Impact a Buyer’s Willingness to Enter the Market?
They may slow down their search for a new home or look for smaller homes, but a very few buyers looking at purchasing a home in 2018 will ...
Read More »The Week Ahead: Focus on Housing Starts
The U.S. Census Bureau will release its monthly housing starts survey on Friday, February 16, at 8:30 a.m. EST. The survey will reflect the commitment of builders to ...
Read More »Homebuyers: It Pays to be Married
Eleven years - that’s the time it would take for a single homebuyer to purchase a home, according to an analysis by Zillow. On the other hand, a ...
Read More »Ginnie Mae Asks Lenders to Address ‘Churning’
Ginnie Mae, the government-owned corporation that attracts global capital into the housing finance system, has notified a small number of issuers in the Ginnie Mae multi-issuer mortgage-backed security ...
Read More »Living it Up: High Demand Fuels Luxury Home Prices
Life's a beach for the luxury homes market which ended December with a year over year increase of 7.4 percent to an average of 1.76 million in the ...
Read More »Inventory and Affordability Issues Soften Existing Home Sales Growth
Existing home sales slipped 3.6 percent to 5.57 million in December from a downwardly revised 5.78 million in November 2017, according to the monthly existing home sales report ...
Read More »Homeowners Might Not be Ready to Sell Just Yet
Low inventory is expected to be the biggest market driver in 2018 as price growth remains strong and homeowners refrain from selling.
Read More »50% U.S. Households Won’t Have Enough Retirement Income
An index that gauges the country’s retirement risk shows that while rising home prices and stock market gains have decreased the risks associated with retirement, today’s working-age population will need to save more or work longer to retire comfortably.
Read More »Name your Price, Buyers Tell Homeowners
2017 was a great year for homesellers with one in four homes in the U.S. selling above their asking price and sellers netting an average of additional $7,000 over their initial price offer.
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