Tag: buy a home
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Buyer Urgency!!
Buyer Urgency Expected to Drive 2013 DAILY REAL ESTATE NEWS | WEDNESDAY, DECEMBER 19, 2012 Home shoppers will likely have more urgency in the new year, wanting to buy before home prices rise even more. Home prices are edging up in most markets, and buyers are taking notice. Buyer surveys recently have shown that home […]
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4 Million Homes Return to Positive Equity
Many home owners had a return of equity in their homes last year due to rising home prices. 4 million homes returned to positive equity in 2013, this brought the total up to 42.7 million. Of those 42.7 million homes with positive equity- around 21.1% of them have less than 20% equity. More than 1.6 […]
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4 Million Renters Say They’re Eager to Buy
According to a new survey by Zillow of renters in the 20 largest housing markets in the U.S., 10% of renters say they want to buy a home in the next year. If those 10% of renters all buy homes in the next year, it’ll amount to 4.2 million first-time home buyer sales. That number […]
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Jumbo Mortgages Are More Affordable
Wealthy home buyers are paying lower average rates on jumbo mortgages and sometimes, they don’t even have to come up with a large down payment or mortgage insurance. In the last several months interest rates on jumbo loans (mortgages that are $417,000 or more or $625,000 or more in high-priced markets) have been lower than […]
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Low Inventory May Drive Prices Up
For the first time in 16 months, inventory of homes available for sale dropped last month, according to the National Association of REALTORS®. Although the decline was slight, less than 1 percent, per month, the drop does indicate “a reversal to the general growth of listings that had been occurring throughout 2014,” writes Lawrence Yun, […]
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