More home buyers are searching out new homes that can accommodate their older family members according to a new report. As senior living centers have grown to be lethal hotspots because of the coronavirus, family members are working hard to keep their older relatives at home. The National Associati...
Read MoreAcross the U.S. buyers are competing with one another for the limited selection of homes for sale. According to new data from Redfin, 56.8 percent of offers made on the real estate site had multiple bids as of October. While this is slightly down from the 59.3 percent peak reached in August, it repr...
Read MoreHome prices across much of the U.S. have continued to see a sharp increase as mortage rates remain low and buyers compete for the limited selection of homes for sale. The demand for housing continues to defy historic norms as Americans continue to be impacted by high unemployment and a global pandem...
Read MoreWith so many college students graduating with tens-of-thousands of dollars of loans, taking on a mortgage may seem to many of them like a dauting prospect. According to a new report from the National Association of Realtors, 47 percent of potential homebuyers say student loan debt is the biggest obs...
Read MoreAmericans are feeling more optimistic about buying or selling a home than they have all year. Fannie Mae’s Home Purchase Sentiment Index for October shows that the index has recovered over 60 percent of its COVID-19 related loss as of last month. However, the report also suggests that the impact of...
Read MoreHow Americans feel about their local governments response to the ongoing coronavirus pandemic is factoring in to their desire to move or stay put. A recent survey conducted by Redfin of more than 3,000 U.S. residents during the month of October, shows just over 1 in 4 respondents are unhappy and dis...
Read MoreThere has been an apparent and radical shift in home buyer tastes and desires in 2020 as a global pandemic caused Americans to rethink their way of life and what kind of place, they call home. According to the National Association of Realtors’ 2020 Profile of Home Buyers and Sellers, buyer preferenc...
Read MoreCases of mortgage fraud are on the rise in U.S. as lenders grapple with limited capabilities during the coronavirus pandemic. For the 12 months ending mid-2020, CoreLogic’s newly released Mortgage Fraud Trends Report shows that there was a 74 percent jump in fraud risk in buyers of investment proper...
Read MoreAs America celebrates its veteran hero's this year, members of the armed forces are enjoying homeownership at a greater rate than in years. The increasing rate of homeownership among military personnel is in part due to the versatile loan process available through the Veterans Administration. For ma...
Read MoreThe winter months are generally known as the time of year when the housing market cools down, buyers face much less competition and sellers are willing to negotiate on price to unload their properties faster. But like much else in 2020, that isn’t true this year. According to a new report from Real...
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