Home Buyers

  There’s a new divide in housing right now. In some states, buyers are gaining ground. In others, sellers still have the upper hand. It all depends on where you live. Curious what's happening in your state? The 3 maps show how the split is playing out across the country.  Full article here: Why Buyers and Sellers Face Very Different Conditions Today (512) 853-0110...

  If you’ve been thinking about downsizing to lower your expenses, be closer to family, or just make life easier, here's a trend worth paying attention to: More homeowners are buying their next house outright, without taking on a new mortgage. And, if you’ve owned your home for a while, you may be able to do the same. No mortgage. No monthly housing payments. Full article here: Downsizing Without...

  For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of them. But there’s some encouraging news. If you’ve been waiting for a better time to jump back in, affordability may finally be showing signs of improvement this...

Waiting for interest rates to drop when looking for a home  A while back, I penned a piece here on this particular site telling a story about a longtime friend who was preapproved for a mortgage before rates started to jump but she waited too long and the rates had moved to a point where she could no longer qualify. Fortunately, she had the assets to be able to put more down therefore borrowing less....

  Single-family built-for-rent construction fell back in the second quarter, as a higher cost of financing crowded out development activity. Over the last four quarters, 71,000 such homes began construction, which is a 16% decrease compared to the 85,000 estimated SFBFR starts in the four quarters prior to that period. This is great news as these large institutional investors buying up homes the past 10...

  Home buyers today are navigating elevated mortgage rates and high prices that have been blamed for straining budgets. At first glance, new construction—which often carries a premium over resale homes—may seem out of reach. But a new study from realtor.com® shows the price gap between newly built and existing homes has fallen to a record low.Prospective Buyers Rush for Loans as Rates Drop Full...

  As the global economy evolves, certain cities in the United States are experiencing rapid population growth, which is contributing to a rise in home values. This trend is driven by factors such as job opportunities, quality of life, and a thriving local economy. Here are 12 cities where population growth is expected to significantly impact the housing market, making them prime spots for homebuyers and...

  Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price. Maybe the layout feels off. Maybe it still needs some updating. Or maybe it’s just more of the same. That’s why more buyers are turning to new construction – and finding some of the best deals available today. Full article here: Builder Incentives Reach 5-Year...

  Believe it or not, there are clear signs buyer interest is heating up again. Let’s talk about what’s really going on behind the scenes, and why the housing market might not be as quiet out there as it seems. One of the clearest ways to measure what people are thinking about is to look at what they’re searching for online. And according to Google Trends, searches for phrases like “home for...

  Prices, rates, and finding the right home are three of the biggest challenges for buyers today. You may find better luck with all 3 if you look at newly built homes. There are more available. Builders are more flexible on prices right now. And people who buy new homes tend to get lower rates in this market thanks to the incentives builders can offer. Full article here: 3 Advantages of Buying a...