Home buyers and sellers can have very different views when it comes to housing market conditions. Rising prices, for example, are bad news for buyers but good news for anyone thinking about putting their home up for sale. In other words, your perception of the…
Over the years, American homes have grown larger. In fact, the typical new home is about 1,000 square feet bigger than it was in 1980. But is the decades-long trend toward bigger homes coming to an end? Well, according to recent data, it may already…
There are some rooms you’ll find in every house. Kitchens, bathrooms, and bedrooms come to mind. Libraries, on the other hand, aren’t as common. In short, some rooms are more essential than others. But these days, the list of essential spaces is expanding. And, according…
Home buyers have a lot to consider. They have to think about the size and location of the house they’ll buy, how much storage it’ll have, the school district, how many bathrooms, the kitchen, mechanical systems, the roof, the neighborhood, etc. It’s a lot. But,…
Though spring and summer are the housing market’s busiest time, winter may be the best time for buyers. In fact, according to a new analysis from ATTOM Data Solutions, winter buyers have the best chance of buying a home at a price below its estimated…
After a contract to buy a home is signed, that home’s sale is considered pending until closing. This period usually last several weeks, while the home and its sale goes through all the necessary steps to confirm, verify, and ensure every part of the transaction.…
According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates fell again last week, with rates dropping for 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate loans. The decline follows a long-term…
In October, sales of newly built, single-family homes were relatively flat from the month before, according to a new report from the U.S. Census Bureau and the Department of Housing and Urban Development. But, despite a flat month, they’re now up 32 percent from last…