How much house you can buy has a lot to do with where you’re buying. A 1,500-square-foot home will have a much different price tag in New York than it would in St. Louis. But though this is obvious to most potential home buyers, we…
Author: agruzman01
Younger Americans Show They’re Eager To Buy
It is commonly assumed that homeownership isn’t as popular among younger Americans as it was among previous generations. But recent data seems to tell a different story. For example, according to the most recent homeownership numbers from the U.S. Census Bureau, Americans under the age…
Prices Increase Slower For More Expensive Homes
It’s said that real estate is all about location. And that’s generally true. But it isn’t the only thing that influences which way prices are headed and how quickly. Price range also makes a difference. For example, a recent analysis of current home prices found…
What’s Happening In The New Home Market?
New homes only represent about 11 percent of all home sales. But, though they’re a small slice of housing market activity, they do play an important role. That’s because, when new homes are selling, builders build more houses. And, since adding new homes to the…
56% Of Homes Sell In Under A Month
If you’re shopping for a house this summer, you should be prepared to move fast. That’s because, homes are selling quickly so far this season and new numbers from the National Association of Realtors show the trend continuing through June. In fact, 56 percent of…
Homeowners Are Staying In Their Homes Longer
Buying a home is a commitment. Part of that commitment is financial; the other part is time. In other words, if you’re buying a home, you’re likely planning on staying there a while. But how long do buyers typically stay in the home they buy?…
Inventory, Sales Expected To Improve This Year
If you’re thinking about buying a house, you’re probably focused on finding something that fits your lifestyle but doesn’t blow a hole in your budget. In short, you want to find the best house for your money. In a market where there are too few…
How Long Does It Take To Close A Loan?
If you’ve never been through the buying process before, you might think you get the keys to your new house right after having your offer accepted. After all, you’ve been approved to borrow the money and the home seller has agreed to sell you their…