Favorable mortgage rates have helped the housing market handle affordability challenges, low inventory, and coronavirus. With record low rates counteracting continuing price increases, demand from home buyers has stayed...
Read MoreThere is a lot of real estate data devoted to tracking buyer demand. Reports covering home sales, contract signings, and builder confidence are all, in one way or another,...
Read MoreHome prices can be deceiving. After all, the sales price of a home isn’t really the number that matters most to a prospective home buyer. The monthly mortgage payment...
Read MoreThe National Association of Realtors’ Pending Home Sales Index measures the number of contracts to buy homes signed each month. It’s an important barometer of housing-market health because it...
Read MoreThese days, there are plenty of interested homebuyers but fewer homes for sale. That means home sellers have options and buyers have to be prepared. So what are some...
Read MoreNew numbers from the National Association of Realtors show just how quickly homes are selling these days. Their September existing-home sales report found that not only were sales of...
Read MoreIn a hot housing market, where there are more buyers than there are homes for sale, competition rises. A good house will attract multiple buyers and give the home’s...
Read Moret’s not surprising that the coronavirus had many economists, analysts, and experts expecting the housing market to suffer in 2020. Social distancing, stay-at-home orders, and fear were all expected...
Read MoreIf you made a chart comparing the number of home sales to the number of new homes being built they’d follow a similar path. After all, when homes are...
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