Items Tagged with 'Spring homebuying season'

ARTICLES

  • Are we headed for a housing slowdown this summer?

    Will mortgage rates at recent record levels drive down home buying?
    Mortgage interest rates just hit the highest level in seven years, but those in the lending trenches already knew that, right? That news shouldn’t come as a surprise to those of you who live and breath the mortgage business. But what about everybody else? Is that sticker shock going to drive some prospective buyers to remain prospective buyers this summer?
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  • Spring home buying season begins: pending home sales rise

    Low inventory levels still restricting market
    The spring home buying season is already beginning as pending home sales reversed course and increased in much of the country in February. NAR explained the expanding economy and healthy job market are generating sizable homebuyer demand, but the minuscule number of listings on the market and its adverse effect on affordability are squeezing buyers and suppressing overall activity.
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  • Experts: Homebuyers should prepare for onslaught of competition this spring season

    High home prices here to stay
    The latest Case-Shiller report showed home prices are continuing to rise, but now experts say not only are those high prices here to stay, but homebuyers could be pummeled this spring by an increase in competition. Homebuyers will face not only the typical spring competition, but also the pent-up demand from would-be buyers who have been looking for, but unable to find, a home the past several months.
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  • And the most competitive housing market in March is…

    Redfin study names top 5
    Redfin’s recent study not only showed that the housing market is gearing up for a hot spring home-buying market, but also which markets are the most competitive. In some markets, homes are selling in just over a week, while in others nearly 70% of homes are selling above asking price. As the industry gears up for one of the busiest times of the year, here are the five most competitive markets.
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  • These are the top 5 real estate markets this spring

    Ten-X says housing facing headwinds, but these metros show solid growth
    A new report from Ten-X shows the top five hottest markets for this spring according to current and forecasted housing data. Some markets within the top five saw considerable increases in ranking before landing as a top market for the spring.
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