Home insurance isn't required by law but, most likely, your lender's going to require it to get a mortgage. Even if they didn't, it'd probably be in your best interest to have some coverage. After all, the most common home insurance claims are damage from wind, hail, water, fire, and …

The National Association of Realtors' Pending Home Sales Index is considered a good indicator of future home sales because it measures contract signings rather than closings. Generally speaking, contracts to buy are signed weeks before a sale is closed, which means a drop in the number of signed contracts will …

Home buyer preferences are usually pretty consistent. What home shoppers are looking for in a house or neighborhood doesn't change all that much from year to year. But, while that's typically true, the pandemic caused a shift in what buyers are looking for and, two years after its initial onset, …

Homes for sale continue to sell quickly, according to new numbers from the National Association of Realtors. Data from April shows 88 percent of homes sold during the month were on the market less than 30 days and the typical property was on the market just 17 days. Lawrence Yun, …

Affordability is a hot topic these days. After two years of rapid home price growth and the recent spike in mortgage rates, prospective home buyers are increasingly wondering about the cost. That's natural. When affordability conditions change quickly, it can lead to uncertainty. So what should home buyers expect in …

Whether or not buying a home is considered affordable depends on a number of factors. Home prices, mortgage rates, and income all play a role. That's why, despite mortgage rate increases during the first quarter of the year, the share of homes considered affordable actually rose from the previous quarter. …

Mortgage rates have been moving higher in recent months. Which means, if you're currently shopping for a home, your prospective monthly mortgage payment has too. But with rates moving quickly, it can be hard to keep up with what it means for your budget. So what should you know about …

A housing market with too few homes for sale can be frustrating for home buyers. For home sellers, though, it's an opportunity. Evidence of this can be found in ATTOM Data Solutions most recent U.S. Home Sales report. The report covers the first quarter of 2022 and shows the typical …

There is an expectation that this year's market won't be quite as competitive as last year's. In 2021, homes sold quickly, bidding wars were common, and buyers had to be prepared and decisive when they found a house that fit their needs. A significant share of homes sold were on …

There are two ways of looking at today's housing market. On the one hand, buying conditions have gotten more challenging, as prices and mortgage rates have risen. On the other hand, the market looks like it's starting to cool off, after an overheated year where the number of interested buyers …