Real Estate News

March 24, 2021

The Best Strategies For Winning A Bidding War

In a today's market, buyers have to compete for available homes. That means, finding ways to make your offer stand out from others. Put simply, you can't expect to win a bidding war, if you aren't prepared to offer more than the next buyer. However, it's not just a matter …

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March 22, 2021

Home Building Halts, But Is The Setback Temporary?

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development shows the number of new homes that began construction in February was 10.3 percent lower than the month before. The decline marked the second consecutive month home building slowed. In a housing market starved …

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March 17, 2021

Lenders See Stable Credit, Higher Demand Ahead

Each quarter, Fannie Mae asks senior mortgage executives for their views on the upcoming mortgage market. Their Mortgage Lender Sentiment Survey can be a good predictor of what's ahead for housing. So what are mortgage execs saying about the coming spring and summer market? Well, for starters, they expect access …

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March 15, 2021

Millennials Say They're Comfortable Buying Online

Traditionally, before you make an offer on a house, you go see it in person. After all, buying a home is a major financial transaction. You wouldn't want to make that kind of commitment without seeing exactly what you were purchasing. But these days, there are other ways to see …

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March 12, 2021

A Look At The Market One Year Into COVID

The housing market has done pretty well in the year since the coronavirus' onset. Following an initial slowdown, home buyers bounced back in the months after the pandemic began. Then, the market benefited from record low mortgage rates and remote work – which helped fuel Americans' interest in making a …

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March 11, 2021

Median Down Payment Reaches New High

To buy a house, you need to make a down payment. But how much of a down payment you decide to make depends on a lot of factors, including your savings, the price of the house you're buying, and the terms of your loan. Which means, the amount varies from …

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March 8, 2021

Vaccine Distribution Could Help The Housing Market

Last year was a surprisingly good year for the housing market. Despite the coronavirus and its economic impact, residential real estate was hot. Buyer demand was high and homes for sale sold quickly. Still, there were plenty of people who delayed their plans to buy or sell a home because …

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March 5, 2021

Are Urban Markets Starting To Heat Up Again?

The coronavirus caused a shift in home buying preferences. Mitigation efforts led to more Americans working from home, which then caused buyers to look for houses in areas where they could get more space and privacy for their money. Naturally, that shift caused home prices in rural and suburban markets …

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March 3, 2021

Mortgage Rates Help Keep Buying Affordable

If you're trying to figure out whether or not you can afford something, you typically only have to consider its price. Buying a home, however, is a bit more complicated. When you buy a house, there are variables to consider beyond the list price. You have to take things like …

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March 1, 2021

Contract Signings Hit All-Time High For January

When a home seller accepts an offer and a contract to buy is signed, that home's sale is considered pending until it closes weeks later. Because of the gap between contract signings and closings, pending sales can be a good indicator of future home sales. That's why the National Association …

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