Spring and summer are the busiest seasons for the housing market. Home buyer demand ramps up in March and doesn't typically start falling until after Labor Day. But this year is far from typical. And with buyer demand running well above last year's pace, it's natural to wonder what the …

When the coronavirus took hold in March it required a lot of adjustments. Everything from how we shop for groceries to how we socialize underwent an instant change. The way we work was among the biggest changes. Many Americans, who once commuted to-and-from the office every day, transitioned to working …

Fannie Mae's Home Purchase Sentiment Index is a monthly measure of how Americans view the housing market and their personal financial situation. The survey asks respondents for their feelings about whether it's a good time to buy or sell a home, home prices, mortgage rates, job security, income, etc. In …

If you know nothing else about how financing works, you know a lower mortgage rate is better than a higher one. You don't need to be an expert to have figured that out. But calculating exactly how a good rate affects how much house you can afford is a little …

Ideally, the number of homes for sale would be equal to the number of interested home buyers. After all, an equally balanced housing market would mean no competition, no bidding wars, and no threat of spiking home prices. Unfortunately, though, that's not how it works. And so, there are times …

During the second quarter, the economy suffered the worst contraction since World War II. But the strength of the subsequent rebound has Fannie Mae's Economic and Strategic Research Group expecting further improvement. In fact, according to their latest forecast, the group believes that – barring a worsening of the coronavirus …

In July, sales of newly built, single-family homes soared to their highest level since 2006, according to new estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. Sales increased 13.9 percent from the month before and are now 36.3 percent higher than at the …

The coronavirus pandemic has caused Americans to spend more time in their homes than they did in the past. Remote work and stay-at-home orders have kept people at home and it's changed how they feel about their living space. Mostly, it's caused them to dream of a bigger house. The …

When the coronavirus pandemic began in mid-March, there were understandable concerns about how it would affect the housing market. But fortunately, though activity did fall, it rebounded just as quickly. Home buyers who delayed their plans adapted to new safety regulations and resumed their home search. But while buyers were …

Accessory dwelling units (ADUs) are defined as secondary, self-contained housing units located on the same lot as a primary single-family home. In other words, guest houses, in-law apartments, garage apartments, and carriage houses. In most cases, these dwellings include a bathroom, kitchenette, living area, and a separate entrance. They're also …