Will Demand Go Down Now That Home Building Has Stopped?

By: Gem Home Loans

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development shows the number of new homes that began construction in February was 10.3...

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February Proves Boon For Sellers

By: Gem Home Loans

The price a home is listed for isn’t necessarily the price its buyer will pay. That’s especially true when the number of homes for sale is low, as it...

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Experts Think Stable Credit Will Result In Higher Demand

By: Gem Home Loans

Each quarter, Fannie Mae asks senior mortgage executives for their views on the upcoming mortgage market. Their Mortgage Lender Sentiment Survey can be a good predictor of what’s ahead...

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A Swing Back To Urban Neighborhoods?

By: Gem Home Loans

The coronavirus caused a shift in home buying preferences. Mitigation efforts led to more Americans working from home, which then caused buyers to look for houses in areas where...

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New High For Homeowners Contract Signings

By: Gem Home Loans

When a home seller accepts an offer and a contract to buy is signed, that home’s sale is considered pending until it closes weeks later. Because of the gap...

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When Will The Hot Housing Marketing Cool?

By: Gem Home Loans

High buyer demand and low for-sale inventory have made for a hot housing market. Homes are selling quickly and buyers are having to compete for available listings. But, according...

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Home Prices Hit Decade High

By: Gem Home Loans

The S&P Case-Shiller Home Price Indices has collected home price data for the past 30 years and is considered among the leading measures of U.S. home values. Their most...

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Most Homes Sell In Less Than One Month

By: Gem Home Loans

The typical home for sale was on the market for just 21 days in January, according to the National Association of Realtors. That’s down from 43 days one year...

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Builders Confident In New Home Market

By: Gem Home Loans

Homebuilders know the housing market. Their business depends on it. That’s why the National Association of Home Builders keeps a monthly measure of how confident they are in the...

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If You Are Selling Your House Chances Are You Are Going To Get Your Asking Price

By: Gem Home Loans

Generally speaking, home prices rise more than they fall. If you look at year-over-year data, you’ll see home prices increase a few percentage points almost every year. There are,...

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