housing market

Read more about the article The Most Important Features Millennials Want in Their Homes
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The Most Important Features Millennials Want in Their Homes

There’s no doubt that millennials have finally entered the housing market. In fact, they currently make up 35 percent of buyers throughout the U.S. Approximately 68 percent of all first-time home buyers fall into this age bracket as well. But what do they want inside their homes? Here, RISMedia uncovered the four main features millennials…

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September 5, 2017
Read more about the article 30-Year Mortgage Rate Hits 2017 Low
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30-Year Mortgage Rate Hits 2017 Low

Freddie Mac’s most recent Primary Mortgage Market Survey shows the 30-year fixed mortgage rate dropping to its lowest mark since November 10, 2016. “The 10-year Treasury yield fell 6 basis points this week amid concerns over lagging inflation,” says Sean Becketti, Freddie Mac’s chief economist. “The 30-year mortgage rate also declined for the fourth consecutive…

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August 28, 2017
Read more about the article What’s the Best Time of Year for Home Buyers?
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What’s the Best Time of Year for Home Buyers?

The start of the busy home shopping season in early spring is a time of optimism for would-be home buyers—more new listings come on the market in spring than any other time of year. Come late spring, however, that optimism may turn into desperation as fear of missing out on the season’s newly listed homes…

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May 8, 2017
Read more about the article The Early Bird’s Guide to Buying a Home
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The Early Bird’s Guide to Buying a Home

Planning to purchase a home this spring? Then the last days of winter is the time to get rolling. Here, Realtor.com explains how to get way ahead of the pack before the busy spring home-buying season arrives. Find a buyer’s agent Teaming up with a buyer’s agent during the winter offers several advantages. For starters, because business…

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February 21, 2017
Read more about the article Baby Boomers Poised to Influence the Housing Market
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Baby Boomers Poised to Influence the Housing Market

Whether they decide to move from their current homes or age in place, the decisions baby boomers and other older homeowners make during the next few years could significantly impact the single-family housing market. Today, baby boomers and other homeowners age 55 and older control almost two-third (or about $8 trillion) of the nation's home…

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June 14, 2016
Read more about the article Spring Ushers in Robust Home Market
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Spring Ushers in Robust Home Market

This spring’s real estate market is coming in strong. New data released by realtor.com shows that homes in May are moving off the market at the fastest pace seen since the housing recovery began, despite record-high asking prices. Based on realtor.com's preliminary findings, homes spent a median of 65 days on the market in May—the…

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June 6, 2016
Read more about the article Dispelling the Myth About Millennials and Homeownership
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Dispelling the Myth About Millennials and Homeownership

“The American Dream of homeownership is as strong today as ever.” That's the belief of HUD Secretary Julián Castro, who in a May 10 address at the National Association of Realtors' Regulatory Issues Forum said millennials are just as committed to homeownership as their parents and grandparents. Despite a widespread impression that members of the…

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May 18, 2016
Read more about the article 5 Ways to Attract More Luxury Home Buyers
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5 Ways to Attract More Luxury Home Buyers

From posh outdoor living spaces to decked-out wine cellars, these luxurious features can transform ordinary homes into dream homes. According to real estate brokerage company Redfin, luxury home sales increased in fourth quarter 2015 and ended a nine-month slump, with an average luxury home sale price of $1.62 million. Sales in 2016 also are predicted…

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May 9, 2016
Read more about the article The New Definition of Suburbs
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The New Definition of Suburbs

A generation ago, the American dream was based in the suburbs. After an economic downturn and a housing crash, the upcoming generations have their own version of the American dream, and it looks decidedly more urban. In fact, while more people are moving back to cities in search of better jobs and more conveniences, suburbs…

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April 27, 2016
Read more about the article Your new neighbor in the ‘burbs? A millennial. Yes, really
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Your new neighbor in the ‘burbs? A millennial. Yes, really

If you are a member of the millennial group, you are maturing and are moving to the suburbs to escape the high rents and to take advantage of better school districts for your children. According to a national poll, only 17 percent of people in this group purchased a home within a major city last…

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April 18, 2016