Home Buyers Feel Pressure To Purchase Fast

Confidence is growing in many home buyers while the sense of urgency to purchase quickly may, as well, be growing. 70% of home buyers believe that home prices will continue to rise and are acting accordingly. Only 30% of future buyers believed that home prices will...

Housing Market Recovery Rises To 51%

The housing market is continuing to improve according to Trulia, an online residential real estate site. The housing market in October was suggested to be 47% back to normal. Last month the U.S stepped over the halfway mark making the housing market recovery adjust to...

Housing Market Stays Strong

According to Fannie Mae’s Economic & Strategic Research Group, the housing market is still standing strong while in a slower season. Economic activity has taken a slower pace over the last month with many doubts over the fiscal cliff. The recent decrease is...

Previously Occupied Home Sales Jump 5.9%

According to the National Association of Realtors, U.S. sales of previously occupied homes increased 5.9%  last month, jumping 4.76 million from October. November now holds the highest level of previously occupied home sales in three years. Sales have...

New Housing Completions Continue To Grow

New housing starts on private residences in November came in 3% below the October estimate of 888,000 starts, according to the U.S. Census Bureau and the Department of Housing and Urban Development. While the estimated percentage was not met,  analysts with...

15-Year Mortgage Loans Are Up 10%

Low mortgages have borrowers cutting their mortgage loan time in half. Approximately 16% of the fixed-rate mortgages  sold to Freddie Mac in the third quarter were 15-year loans, as opposed to the standard 30 year mortgage loans. This percentage is up almost 10%...