Home Builders Cut Prices On New Homes
New homes are generally more expensive than previously owned homes. That's not surprising. Anything…
Nearly Half Of All Homes Are Equity Rich
Equity is the difference between what your home is worth and what you owe on your mortgage. Which means, it's a good thing to…
Home Sales Fall But Market Remains Hot
Home sales fell in June, according to new numbers from the National Association of Realtors. Sales of existing homes dropped…
How Buyers Benefit From A Changing Market
The housing market is in transition. For years, there's been a shortage of homes for sale and an abundance of buyers. But elevated…
Time On Market Showing Signs Of Improvement
In a competitive market, homes for sale don't last long. A listing can appear mid-week and have multiple offers by…
Home Buyer Affordability Stable In May
For home buyers, affordability is always a top concern. That's why news of home price increases and rising mortgage rates has some buyers feeling…
How Much Should You Budget For Utilities?
You can certainly buy a home without thinking about your budget, but it's not advisable. Without a clear…
Home Builders Cautious About Market
Home builders are a good gauge of where the housing market is headed. After all,…
Mortgage Credit Availability Tightens In May
The standards lenders use to determine whether or not a borrower is approved for a mortgage aren't fixed. There are times when…
Active Listings Grow For First Time In Years
The number of homes for sale has been lower than normal for years now. Home shoppers looking for a home to buy have had…
Large Suburbs See New Home Construction Dip
Pandemic-related lockdowns made many Americans want more space. So when home buyers…
Americans Say It's The Right Time To Sell
Fannie Mae's monthly Home Purchase Sentiment Index measures how Americans feel about the housing market and economy. It asks respondents whether they think…
Typical Mortgage Payment Increased In April
Calculating how much house you can afford can be difficult. Not only do you have to take your budget and lifestyle into account, you also have to…