Seller’s Bonanza! Home Prices Soar 41% Higher Than 2019

By: Gem Home Loans

Sales of newly built single-family homes are now 41.5 percent higher than they were last year at the same time, according to new numbers from the U.S. Census Bureau...

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The Best Time To Buy A House Is Now

By: Gem Home Loans

It’s well known that spring and summer are the housing market’s hottest seasons. But while they’re definitely the busiest times of the year, are they really the best for...

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2020 Ending With A Bang! Home Prices Are Up

By: Gem Home Loans

The S&P Case-Shiller Home Price Indices are among the most closely followed measures of US home values. According to their most recent release, their National Home Price Index showed...

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New Builds Gives Options For Vibrant Housing Market

By: Gem Home Loans

If you’ve been searching for a house to buy, you’ve likely heard that inventory is low right now. There are fewer homes for sale than normal. That means, more...

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It’s 2020. Fall Housing Market Makes Up For Weak Spring

By: Gem Home Loans

Sales of previously owned homes increased 4.3 percent in October, according to new numbers from the National Association of Realtors. The improvement marks the fifth consecutive monthly gain and...

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Even In Pandemic, Mortgage Credit Readily Available

By: Gem Home Loans

The Mortgage Bankers Association’s Mortgage Credit Availability Index measures how easy or difficult it is for borrowers to secure financing. If the index increases, that means lending standards have...

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Bidding Wars More Common Than Not In Today’s Housing Market

By: Gem Home Loans

There are different types of competition. Some are more enjoyable than others. Competition on a golf course, for example, can be fun, while in the housing market, competition can...

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One Positive To 2020? Home Prices Up Everywhere

By: Gem Home Loans

The monthly mortgage payment on the typical single-family home is now $1,059, according to new third-quarter data from the National Association of Realtors. Up $27 from last year, the...

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