Market Activity, Housing Payments IncreaseThe typical U.S. homebuyer's monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a year earlier. However, this isn't deterring market activity. Mortgage-purchase...
Spring Home Sales Green UpAs the spring season gets into gear, more buyers are viewing properties. Last month's sales of previously owned homes rose 4.2% from the month before, racking up 4.26 million units on an annualized basis. This was a welcome result, especially...
Mortgage Interest Rates DecreasingThe average interest rate for a 30-year fixed-rate mortgage is finally beginning to edge lower, just in time for the spring home buying season. Applications for home financing rose 7% for the week of March 9th-15th, and were 4% higher...
Girls Just Wanna Have EquityThe National Association of Realtors (NAR) recently released their annual Profile of Home Buyers and Sellers for 2024. While most homebuyers were married couples, the next largest percentage (20%) were single women. Single males trailed at...
Pending Sales Plummet in the Southeast, VegasJanuary saw the cancellation of around 14% of homes under contract, especially in Florida and metro areas Atlanta, Las Vegas and Houston.This added up to just over 41,000 U.S. cancelled home-purchase agreements. Stats show...
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