CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who... Read More
Confidence up, renting down It looks like 2018 could be a banner year for housing. Not only has homebuilder confidence hit its highest point in 18 years, but renting – and the building of rental units – is on a downturn. Both spell good... Read More
Buyer preference breakdown It appears the ultimate dream home looks very different from buyer to buyer. According to a new study, men, women, parents, non-parents and even dog- and cat-owners have distinct preferences when it comes to homes... Read More
There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by Apartment List addressed... Read More
The Federal Housing Administration (FHA) announced a new schedule of loan limits that will go into effect on Jan. 1. In high-cost areas of the country, FHA’s loan limit ceiling will increase from $636,150 to $679,650, while its floor... Read More
Last year, the Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac for the first time since the housing crisis. And now, the FHFA is doing it again. For the... Read More
The national median home value during October reached $203,400, which is $12,500 or 6.5 percent higher than it was one year ago, according to new data from Zillow. The spike in median home value is being attributed to a low inventory. Zillow... Read More
Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are... Read More
Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association... Read More
Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com, “Nearly 1 in 5 Americans... Read More
Knowing the right time to buy Experts say the right time to buy a home is when you feel right about purchasing. That means being financially and emotionally ready, of course. And this could be the best time of year to buy a home and hit both of... Read More
Sellers, buyers, renters all confident The housing market is on an upswing — at least that's what most American buyers, sellers and even renters think. According to Fannie Mae's Home Purchase Sentiment Index (HPSI), all three are... Read More
Prepare to close on your home purchase Nationwide, nearly six million new and existing homes are expected to be sold this year, the largest tally in nearly 10 years. Meanwhile, each transaction will culminate in a "closing", the legal... Read More
Married couples once again dominated the first-time homebuyer statistics last year at 66% of all buyers, according to the most recent Profile of Home Buyers & Sellers. It is no surprise that having two incomes to save for down payments and... Read More
The neighborhood matters When you ask a real estate agent the three most important things about any home, she's likely to reply, "Location, location, location." Before you buy a new home, you should carefully check out the neighborhood to which you... Read More
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