Each month, Fannie Mae’s Home Purchase Sentiment Index measures Americans’ feelings about the housing market, the economy, and their personal finances. Survey participants weigh in on their expectations for mortgage rates, home prices, their job … [Read more...] about Americans Are Optimistic About Housing Market
In a competitive market – where there are more home buyers than there are homes for sale – buyers often have to offer to pay more for a house than the seller is asking. By raising their offer, buyers better the odds that theirs will be the one chosen … [Read more...] about Homes Sold Above List Price At 3-Year Low
During the 36 years between 1968 and 2004, home prices increased every year. The average annual increase during that period was 6.4 percent. These days, home values are climbing but not as quickly. In fact, according to the most recent data from the … [Read more...] about Home Prices Increase Just 3.5% From Last Year
It’s no secret that home prices have been climbing in recent years. And though increases have slowed from what they were a few years ago, prices are still heading higher. That can cause affordability challenges for prospective buyers, especially … [Read more...] about Average Home Seller Profit Tops $65,000
Deciding which home to buy is a big decision. The home you choose will likely be the one you live in for the next several years. So naturally, when you find one that fits your needs and lifestyle, you should take your time and weigh out all the pros … [Read more...] about Homes Stay On The Market For 41 Days In December
The housing market has up years and down years. And the list of factors that influence it is long. Everything from geopolitical tension to student loan debt has a role in determining how many Americans decide it’s time to buy a house. So what do … [Read more...] about Will 2020 Be A Good Year For The Housing Market?