Buying a Home

Aug. 1, 2022

How Your Credit Score Can Save You Money

It's easy to ignore your credit score. After all, it's not something that comes up that often in day-to-day life. But, if you're thinking about buying a house, it's important to check yours sooner than later. Why? Well, according to one new analysis, it could save you money. Your credit …

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July 29, 2022

Contracts To Buy Homes Slide In June

When a buyer has their offer accepted by a home seller, a contract is signed. The transaction isn't closed, though, until after the details of the home's sale and financing have been worked through. During that process, the home's sale is considered pending. Typically, there are several weeks between signing …

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July 27, 2022

Price Gains Continue But At A Slower Pace

Home prices have been increasing at an accelerated pace for years now. That's great for homeowners but an obvious challenge for buyers, who could likely use some relief. Fortunately, they're starting to get it. The number of homes available for sale is improving and the added inventory should begin to …

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July 25, 2022

New Home Construction Beats Last Year's Pace

The rate of new home construction is an important housing market indicator. It not only says something about the economy and buyer demand, it also tells you something about where home prices are headed. If new home construction is rising, inventory is improving and – with more homes available for …

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July 20, 2022

How Buyers Benefit From A Changing Market

The housing market is in transition. For years, there's been a shortage of homes for sale and an abundance of buyers. But elevated buyer demand – fueled, in part, by historically low mortgage rates – slowed this spring when mortgage rates increased and caused some buyers to hit pause on …

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July 18, 2022

Time On Market Showing Signs Of Improvement

In a competitive market, homes for sale don't last long. A listing can appear mid-week and have multiple offers by the weekend. Because of this, recent home buyers have had to move quickly. There's no time to linger or deliberate when there are other buyers ready to make a move. …

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July 15, 2022

Low Inventory Still Ranks As Buyers' Top Problem

The number of homes for sale has recently showed signs of a rebound after hitting historic lows during the pandemic. The additional listings are obviously welcome news for prospective home buyers. But while there have been signs of improvement, listings remain low. In fact, according to one new survey of …

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July 11, 2022

Are You Willing To Take On A Project?

Unless you're buying a newly built house, you're going to be shopping for home that is likely decades old. That can mean charm and character. It can also mean renovations and home improvement projects. As a home buyer, how much you're willing to take on will depend on things like …

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July 6, 2022

Competition Slows As Showings Per Listing Fall

The best way to get a feel for whether or not a home for sale fits your needs is to see it in person. Nothing beats actually walking through a house to get a sense of its layout and how it would accommodate your life. That's why, when buyers find …

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July 5, 2022

Home Price Increases Show Signs Of Deceleration

Home prices had already been increasing by the time the pandemic started. After it began, though, prices shot up even faster than before. Since then, double-digit, year-over-year increases have been common in a lot of markets. But, according to the latest S&P Case-Shiller Home Price Index – which covers data …

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