If you’re thinking about buying a house sometime soon, you should be prepared to act fast. New numbers from the National Association of Realtors show that the typical property was on the market just 29 days in July. And, while that’s up from the month…
Buying a house is a major financial transaction no matter where you live. But just how big the transaction is largely depends on where you’re buying. From one neighborhood to the next, affordability conditions can change. And when comparing metropolitan areas, that change can be…
Work is a fact of life. For the vast majority of us, it’s unavoidable. After all, unless you’re independently wealthy, you probably need to work for a living. And if you do, you most likely want to live fairly close to where you do it.…
You don’t have to be an economist to know that recessions aren’t good. And, because the memory of the Great Recession and housing crash is still fresh, it’s natural that prospective home buyers and sellers worry when they hear that another one may be on…
For most buyers, finding a house that doesn’t require a major renovation is a priority. After going through the buying process, moving, and settling in, few of us want to immediately get started on a huge home improvement project. But even if the house you…
Competition can sometimes be fun. But shopping for a house to buy isn’t one of those times. When it comes to buying a home, competition usually leads to stress and disappointment. That’s why data from one new national report is good news for potential home…
Americans are feeling financially confident and it’s good news for the housing market, according to the latest Home Purchase Sentiment Index from Fannie Mae. The survey – which measures consumers’ perceptions of buying and selling a home, job security, mortgage rates, prices, etc. – hit…
Living close to a grocery store is a plus. It may not be your top priority when you’re out shopping for a house, but there’s no denying that the convenience of having a good store in the neighborhood is appealing. That’s why a recent analysis…
Buying a home is more than just finding a place to live. It’s an investment. Which means, as you pay down your mortgage and your home’s value appreciates over time, you build up equity. In simple terms, equity is the difference between what you owe…