Although declining mortgage rates haven’t sparked the housing market, it has sparked interest in investors, as they are purchasing homes at a record pace, according to analysis from ...
Read More »Surprising Markets Named Hottest in the Nation
Homebuyers are moving away from the expensive and big cities, and the smaller, less expensive markets are flourishing. According to a report by CNBC, which uses data from ...
Read More »Analyzing the Housing Market Amid Trade, Economic Turmoil
Monday was not a good day on Wall Street. Following comments by President Donald Trump, who added logs to an already growing fire that is a trade war ...
Read More »Education is Essential in the Mortgage Process
Although the majority of Americans favor homeownership, Fannie Mae’s latest National Housing Survey revealed many overestimate the qualifications and what it takes to own a home. “Despite increased ...
Read More »Markets at Risk for a Housing Crash in 2019
Bankingrates.com’s latest poll found that Newark, New Jersey, and Detroit, Michigan, were the two markets most likely to suffer a housing crash in 2019. The poll, which listed ...
Read More »Housing Industry Reacts to Latest Jobs Report
U.S. employers continued their trend of adding workers, as the Labor Department reported the economy added 164,000 jobs in July and the unemployment rate held at 3.7%. The ...
Read More »Chronicling California’s Affordability Issues
California is no stranger to affordability issues, but a new report by The Mercury News reveals that today’s buyers pay nearly nine times the median annual income—$100,000—for a ...
Read More »Housing’s Impact on the GDP
Although Q2 2019’s GDP growth of 2.1% exceeded expectations, housing’s share of the GDP declined to 14.6%, according to the National Association of Home Builders (NAHB). Recording its ...
Read More »Where are Homeowners Looking to Relocate?
Redfin reports that 25% of home searchers on Redfin.com are looking to relocate to a new metro in Q2 2019—a slight increase from last year. The report states ...
Read More »Cash Isn’t King for Homebuyers
The acceleration of the decline of cash buyers continued in June, as a new report in USA Today reveals that just 16% of home buyers paid in cash. ...
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