Tag Archives: buyers

Yun: ‘Flashing Yellow Lights on Affordability’

Daily Real Estate News | Monday, June 27, 2016 The median price of an existing home reached a new record last month at $239,700. That price increase was primarily driven by repeat buyers trading up or downsizing from their current … Continue reading

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Average Time to Close: 45 Days

Daily Real Estate News | Thursday, June 16, 2016 For home buyers financing a home purchase, they should expect about 45 days to close, according to the latest Origination Insight Report from Ellie Mae. Last month the average closing time … Continue reading

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Down Payment Aid Programs Save Buyers $17k

Daily Real Estate News | Monday, June 13, 2016 Down payment assistance programs can help home buyers save big over the lifespan of a loan. On average, qualifying home buyers can save $17,766 over the life of the loan, according … Continue reading

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The Buyers Are Coming

Daily Real Estate News | Wednesday, May 25, 2016 Mortgage rates may have inched up slightly but that didn’t seem to deter home buyers from shopping for a loan last week. Mortgage application volume rose 2.3 percent week-over-week on a … Continue reading

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Mortgage Rates Drop to 3-Year Lows

Daily Real Estate News | Monday, May 16, 2016 The 30-year fixed-rate mortgage averaged 3.57 percent in the most recent week, the lowest average in three years, Freddie Mac reports in its weekly mortgage market survey. “Disappointing April employment data … Continue reading

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NAR: Home Prices Maintain Strong Growth

Daily Real Estate News | Monday, May 09, 2016 Tight inventories of homes for sale helped push home prices higher in the first quarter. The median price of existing single-family homes rose in 87 percent or 154 of 178 of … Continue reading

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Rising Sales Contracts Make for Strong Spring

Daily Real Estate News | Wednesday, April 27, 2016 Pending home sales last month zoomed to the highest level in nearly a year, according to the National Association of REALTORS®’s Pending Home Sales Index, a forward-looking indicator based on contract … Continue reading

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4 Factors Boosting Housing This Month

Daily Real Estate News | Monday, April 18, 2016 Warmer weather across the country is drawing more people to look at open houses and available homes this month, says Jonathan Smoke, realtor.com®’s chief economist. Here are four current housing market … Continue reading

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First-Time Buyers Bypass the Starter House

Daily Real Estate News | Thursday, April 07, 2016 Seventy-five percent of first-time buyers say they prefer to not purchase a starter home and instead want to purchase a home that will meet their future needs, according to the Bank … Continue reading

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