If you’re in the market for a home, play the recent trends to your advantage. Today, homes are affordable and mortgage rates are low. This may not be the case later this year. The best “deals” of the year may be what you buy now.
Tag Archive: Home Supply
October Existing Home Sales : Buyers And Sellers In Balance
It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.
Pending Home Sales Data Points To Higher Home Prices This Fall
Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.
Existing Home Sales Rebound In August, Give Hope For Autumn
Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.
As The Pending Home Sales Index Falls, Home Buyers See Dollar Signs
June’s Pending Home Sales Index is weak by most measures, but if you’re a home buyer, the headlines aren’t so bad. Fewer home sales can push negotiation leverage to the buy-side of a transaction.
Existing Home Sales Drop In June But Hint At Higher Price Tier Support
Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month’s data reveals some interesting trends.
Increased Home Inventory Spells Opportunity for Today’s Florida Home Buyers
Florida mortgage borrowers looking to buy homes in Florida can look forward to a continuation of a “buyer’s market.”
Housing Starts Rise In April, Exerting Downward Pressure On Home Prices
Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.
