As society evolves, so do the trends of homebuying. What was once seen as a rite of passage for married couples is now becoming increasingly more popular with singles and, in particular, single women.
Read More »Building a Home Isn’t Getting Less Expensive
Necessary materials such as softwood lumber, oriented strand board, and ready-mix concrete used in homebuilding aren’t getting cheaper, according to August’s Department of Labor’s Producer Price Index.
Read More »Freddie Mac Tackling Senior Housing Needs
The United States Census Bureau reported that in 2029, more than 20 percent of the total U.S. population will be over the age of 65—that’s why part of Freddie Mac’s mission is addressing the impending issue of senior housing.
Read More »Underestimating Home Values
Quicken Loans released their Home Price Perception Index for August, which showed a continued gap between appraisal values and homeowners expectations. By region, the nation was split as to whether homeowners over, or underestimated the value of their home.
Read More »Housing Market Remains Strong: Great Time to Sell
Fannie Mae released its August 2017 National Housing Survey on Tuesday, which showed that overall confidence in the housing market is on the rise despite a decrease in job confidence and wage growth.
Read More »Home Prices: Out of Recovery Mode?
Since the housing crash and recession in 2008, some metro areas have made full recoveries, while others continue to struggle. And despite the challenges of the market today—high ...
Read More »The Week Ahead: Housing Market Update
Real estate data service provider Bright MLS will release its August 2017 Housing Market Update on Tuesday, providing insight into the latest trends. Find out more and see what’s to come next, in The Week Ahead.
Read More »143 Million Consumers Affected in Security Breach
Approximately 143 million U.S. consumers’ names, Social Security numbers, birth dates, addresses, and in some cases, driver’s license numbers were exposed Thursday due to a Equifax cyber security incident.
Read More »Housing Market: Confidence is Key
Consumers are becoming more confident in the housing market according to Fannie Mae’s August Home Purchase Sentiment Index. But what aspects of the market are causing the increase?
Read More »Millennial Homebuyers: The Future of the Housing Market
Considering they are the future of the housing market, the mortgage industry is becoming increasingly interested in millennials. Take a look what the generation is doing in the mortgage market.
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