Tag Archives: buyers

Fannie Mae Tweaks 3% Loan Program

Posted on July 29, 2016 by Erin Johnston

Daily Real Estate News | Thursday, July 28, 2016 Fannie Mae announced that it has changed income maximums and some eligibility criteria for its HomeReady mortgage program that it believes will allow more borrowers to qualify for a mortgage with … Continue reading →

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What Are Americans’ Top Housing Concerns?

Posted on July 27, 2016 by Erin Johnston

Daily Real Estate News | Wednesday, July 27, 2016 It might not be all low inventory and high prices. It seems Americans have a confidence problem when it comes to the housing market. They’re increasingly apprehensive to move forward, citing concerns over … Continue reading →

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How Long Does It Take to Build a New Home?

Posted on July 25, 2016 by Erin Johnston

Daily Real Estate News | Monday, July 25, 2016 The average time it takes to complete a new single-family home is seven months, according to recent Census Bureau data. That completion time includes nearly a month for getting the permit … Continue reading →

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First-Time Buyers Not Picking “Starter Homes”

Posted on July 20, 2016 by Erin Johnston

Daily Real Estate News | Tuesday, July 19, 2016 The “starter home” trend may be fading in real estate. Prior to the housing bubble, first-time buyers with average incomes would shop for a more affordable, smaller house with the idea … Continue reading →

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The Pros and Cons of Low Mortgage Rates

Posted on July 13, 2016 by Erin Johnston

Daily Real Estate News | Tuesday, July 12, 2016 Many economists saw their predictions of higher interest rates and stronger economic growth shattered this year, mainly due to global economic uncertainty which was then heightened by June’s Brexit vote in … Continue reading →

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The Luxury Deck Becomes Latest Must-Have

Posted on July 11, 2016 by Erin Johnston

Daily Real Estate News | Monday, July 11, 2016 The average size of decks and patios is expanding, as luxury home buyers even in cold-weather markets are paying more attention to these outdoor spaces. For example, a home for sale … Continue reading →

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3 Mortgage Mistakes Buyers Keep Making

Posted on July 8, 2016 by Erin Johnston

Daily Real Estate News | Friday, July 08, 2016 The mortgage process can be overwhelming to your buyers. David Gunn, mortgage sales effectiveness director for Fifth Third Mortgage, recently shared with HousingWire some of the biggest mistakes buyers make when … Continue reading →

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City Living Not Just a Modern Shift

Posted on July 6, 2016 by Erin Johnston

Daily Real Estate News | Wednesday, July 06, 2016 We live in an age of rapid urbanization, with those migrating to city centers largely being rich, college-educated, and childless. But the uptick of urban wealth and decline in rural populations … Continue reading →

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5 Tips to Help Buyers Save for a Down Payment

Posted on July 1, 2016 by Erin Johnston

Daily Real Estate News | Thursday, June 30, 2016 Saving for a down payment can pose one of the biggest challenges for potential home buyers. Indeed, “a down payment is often the largest single payment a consumer makes in their … Continue reading →

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