Fannie Mae’s quarterly Mortgage Lender Sentiment Survey tracks the views and outlook of senior mortgage executives. And, according to their first quarter survey results, those executives feel good about the mortgage market. Why? Well, mostly because mortgage rates are at, or hovering just above, historic…
These days, you hear a lot about how there are too few homes for sale and it’s driving prices upward. But though that’s true in many markets, it doesn’t mean hopeful home buyers should give up on buying. In fact, the most recent Housing Opportunity…
There’s usually a long checklist of items to go through before selling a house. After all, you want to maximize your profit and make sure your home is attractive to buyers. That’s why, in addition to cleaning up clutter, planting some flowers, and touching up…
A lot of what you look for in a home has to do with the particulars of your day-to-day life. For example, a home buyer who has young children would be more likely to prioritize living in a good school district than a buyer who…
Home design trends come and go. But whether today’s fad is mid-century inspired or favors a more contemporary look, home buyers can’t help but be swayed by the latest décor trends. After all, no one wants their house to look dated or like it hasn’t…
You don’t have to be an economist to understand supply and demand. When there are more buyers than there are sellers, prices rise. This is true for any market, including the housing market. When there are too few home buyers, homeowners have to price their…
Spring is traditionally thought of as the start of home buying season. Harsh winter weather begins to fade and interested buyers become more active. Because of this, homeowners who hope to sell often wait for spring to list their home. But what is the best…
New home sales are an important barometer for the housing market. When they’re selling quickly, home builders build more homes, which helps balance inventory and keeps home prices from spiking. In other words, if you want to know how the housing market is doing, new…