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Inventory And Home Sales Flat In August

Inventory And Home Sales Flat In August

Sales of previously owned homes were unchanged from the month before in August, according to new data from the National Association of Realtors. The number of available homes for sale was also flat, with unsold inventory at a 4.3-month supply at the current sales...

Young Americans Choose The City Over Suburbs

Young Americans Choose The City Over Suburbs

When choosing where you’d like to live, there are a number of factors that you have to weigh. For example, some people may value privacy over convenience while others may prefer proximity to family and friends over entertainment and recreation options. In short, it’s...

Today’s Home Buyers Likely To Find Financing First

Today’s Home Buyers Likely To Find Financing First

Buying a home is not something most people do very often. Unless you’re a real-estate investor or have to move frequently for work, you’re likely going to stay in the home you buy for more than a couple of years. In fact, recent data shows homeowners tend to stay in...

Housing Forecast Has Good News For Buyers

Housing Forecast Has Good News For Buyers

In large part, home prices are a simple calculation of supply and demand. When there are more homes than interested buyers, home prices fall. When the opposite is true, home prices rise. In recent years, demand from potential home buyers has risen and the number of...

Few Buyers Research Their Prospective Neighborhood

Few Buyers Research Their Prospective Neighborhood

Choosing a house to buy is an important decision. After all, you’re committing a lot of money and several years of your life to a particular property. And so, home buyers tend to know what they want, whether it be a large kitchen, an appealing outdoor space, or an...

Americans’ Financial Security Boosts Housing Sentiment

Americans’ Financial Security Boosts Housing Sentiment

It’s said that there are two sides to every story. But there are also two sides to the calculations potential home buyers undergo when deciding whether or not it’s a good time for them to look for a new house. After all, buyers have to take into consideration the cost...

Where Buyers Are Stretching Their Budgets Most

Where Buyers Are Stretching Their Budgets Most

When calculating how much house you can comfortably afford, there are a few commonly cited rules that can be used. Among them, the one that says your home’s price shouldn’t be more than three times your annual income is popular. Of course, there are many other factors...

Fall Forecast Sees Improvement On The Horizon

Fall Forecast Sees Improvement On The Horizon

There are many different factors that play a role in the housing market’s health. When home buyers and sellers decide that its time for them to make a move everything from their job security to the global economy has an effect. For example, economic instability half...