Items Tagged with 'Spring homebuying season'

ARTICLES

  • Leading indicators point to a May pick-up in home sales

    Applications for purchase mortgages surpass last year
    Mortgage credit availability is the highest ever recorded for the spring housing market. Fixed rate for home loans are near 4% and wages are up. Hmmmm. What can that mean for the spring selling season? Unless Americans don’t want to own houses anymore – and that hasn’t happened yet – it means this month’s data should look pretty good.
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  • Freddie Mac: Mortgage rates rise for the fourth consecutive week

    The 30-year fixed-rate mortgage averaged 4.2% this week
    Mortgage interest rates have now risen for the fourth consecutive week, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said despite the recent rise in mortgage rates, both existing and new home sales continue to show strength.
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  • MarketWatch scenario: Facebook’s Mark Zuckerberg as a real estate agent

    A humorous take on Facebook’s expansion in housing marketing
    The story included a photo that was edited to put Zuck’s smiling face on the body of an agent wearing khaki pants topped with a long-sleeve shirt and tie. (Does Zuck even own a pair of khaki pants?) He’s standing in front of a house for sale, and he has a nametag that says: “Hello. My name is Mark.”
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  • Average home listing price reaches all-time high

    Home prices projected to set new records in 2019
    In March, the average American home listing price climbed to $300,000 for the first time ever, according to Realtor.com’s Housing Trend Report. Realtor.com Chief Economist Danielle Hale said the typical U.S. home list price has set a new high right on the cusp of the spring homebuying season.
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  • Home-price growth expected to pick up in year ahead

    Strong spring home buying season may spur growth
    Home prices have been appreciating rapidly since the housing market's recovery, but they've stepped off the fast track in recent months, displaying a notable slowdown in appreciation. But CoreLogic predicts a turnaround thanks to low mortgage rates, which should spur strong home-buying activity this spring and nudge home prices upward.
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  • Spring homebuyers likely to grapple with affordability

    Nearly half of shoppers are looking for homes priced at or under $200,000
    Spring home-buying season is officially here, and homebuyers across the country are now projected to dominate the market. But as homeownership demand heightens, new survey data from Realtor.com suggests many prospective buyers will grapple with housing affordability.
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  • Is now a good time to purchase a home?

    Expert says declining mortgage rates are heating up the market
    It’s almost spring homebuying season, and new data from the National Association of Realtors indicates Americans are ready to purchase homes. According to the group's Q1 HOME survey, 37% of Americans strongly believe now is a good time to buy a home.
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