Builder Confidence Holds Strong At 54

According to the National Association of Home Builders/Wells Fargo Housing Market Index, home-builder confidence has not budged, remaining at a level of 54 this month. November is the 6th month in a row that home builders have agreed that the present conditions in the...

Home Sales Increase While Inventory Drops

According to new data, declining inventory may be helping to push more buyers to buy, increasing the amount of home sales across the nation. In September, homes listed on Zillow spent an average of 30 days less on the market than in September 2012. Chief Economist at...

Mortgage Rates Up From Last Week

30-year fixed-rate mortgage hit the highest levels since September, averaging approximately 4.35%, and have jumped .19% from last week according to Freddie Mac’s Primary Mortgage Market Survey. Fixed-rate mortgages overall have increased for the second...

55+ Housing Demand Grows

According to recent data released by the National Association of Home Builders, builder confidence has increased in the 55-and-up housing market. Experts say that the single family housing market demand has grown considerably with the help of senior citizens, jumping...

Mortgage Rates Expected To Average 5.4% In 2014

According to the National Association of Realtors, home sales and prices are expected to continue to rise over the next year as mortgage rates increase. Many experts are worried that the increase will cause housing affordability to decrease. Home prices have been...