Buying a Home

Aug. 31, 2022

Home Buyers Regain Some Negotiating Power

There's a reason it's called a seller's market. When there are too few homes for sale and plenty of buyers, home seller's set the terms. Take last year, for example. In the frenzy of last year's housing market, home buyers were waiving inspections and even ...

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Aug. 29, 2022

Contract Signings Fall But Less Than Month Before

Measuring the number of contracts to buy homes signed in a given month will give you a good idea of what the following month's home sales numbers will look like. After all, signing a contract to buy is the first step in a closing process that usually lasts a ...

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Aug. 26, 2022

Typical U.S. Home Value Sees Small Decline

Home values have been rising steadily for years now. The pandemic caused them to accelerate, but it's not as though they just start increasing two years ago. In fact, according to one monthly measure, there hasn't been a month when they haven't increased since 2012. There were ...

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Aug. 24, 2022

Market For Smaller Homes Remains Competitive

The housing market has gotten a little easier for buyers lately. Listings are lasting longer and home-price increases have slowed. It's definitely still a seller's market, but buyers have it easier than they did last year at this time. Of course, how much easier depends on where and ...

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Aug. 22, 2022

Existing Home Sales Fall In July

Sales of previously owned homes fell 5.9 percent in July, according to new numbers from the National Association of Realtors. The decline continues a downward trend that began earlier this year, when mortgage rates increased after years of hovering just above, or at, record lows. Lawrence Yun, NAR's ...

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Aug. 19, 2022

Buyers Say They Had To Compromise On Wish List

Buying a house means setting priorities. More than likely, you won't find one that checks off every single item on your wish list. So you're going to have to prioritize and choose which features are most important to you and which you can live without. You're also ...

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Aug. 17, 2022

Home Builders Cut Prices On New Homes

New homes are generally more expensive than previously owned homes. That's not surprising. Anything brand new typically costs more than something used. But if you're a prospective home buyer who's been reluctant to consider buying a new house because of the price tag, the latest Housing Market ...

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Aug. 15, 2022

Is Relief Ahead For Home Buyers?

A new quarterly report from the National Association of Realtors found the median home price reached a new record high during the second quarter. By the end of June, it was up to $413,500. That's after the vast majority of metro areas saw double-digit price gains from the ...

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Aug. 8, 2022

Nearly Half Of All Homes Are Equity Rich

Equity is the difference between what your home is worth and what you owe on your mortgage. Which means, it's a good thing to have – and, these days, nearly half of all homeowners do. In fact, according to ATTOM Data Solutions' second-quarter 2022 U.S Home Equity & ...

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Aug. 3, 2022

Is It Still A Good Time To Sell A Home?

The past couple of years have been good to home sellers. A historically low number of homes for sale combined with elevated demand from buyers made conditions perfect to sell a home quickly and for a great price. But this year, things have been changing. The housing market has begun ...

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