Rising mortgage rates could have minimal impact on the housing market according to a study by real estate consulting firm John Burns. The study, that surveyed over 300 homebuilders found that 85 percent home builders said home sales would decline ...
Read More »Home Bidding Sight-Unseen?
An increasing number of homebuyers are making offers for homes without first seeing them in person, according to an analysis by online brokers Redfin. The study, which surveyed 1503 respondents who purchased a home in the last one year in November and ...
Read More »Study Says: Rising Rates to Marginally Affect Home Buying
They may slow down their search for a new home or look for smaller homes, but a very few buyers looking at purchasing a home in 2018 will halt their plans if mortgage rates go beyond 5 percent, according to ...
Read More »Collingwood Webinar Breaks Down 2018 Mortgage Trends
On Friday, February 9, MountainView Financial Solutions presented its monthly mortgage servicing rights (MSR) seminar, featuring Tim Rood, Chairman of The Collingwood Group, LLC. Rood presented a webinar entitled “Rightsizing Your Mortgage Business for 2018: Planning for the Uncertainties.” If ...
Read More »Home Values Hit a Low in Suburban U.S.
Over the past several years, many homebuyers have traded big-city living for an abode in the ’burbs. But flash ahead to now, and those same folks may be kicking themselves, at least if they take a look at Zillow’s recent ...
Read More »Homes are a Better Investment than Retirement Savings
Americans want to buy homes and they want to buy them as an investment option. According to a study on homebuyers by NerdWallet, a personal finance website, 75 percent Americans say that buying a home was a priority for them. ...
Read More »Can the Housing Market Maintain Its Momentum?
Pending home sales inched up 0.5 percent during the year according to the Pending Home Sales Index released by the National Association of Realtors (NAR) on Wednesday. The Pending Home Sales Index is a monthly forward looking indicator based on ...
Read More »Home Buying Goes High-tech
As technology makes the process of home buying and selling simpler and faster, an increasing number of homebuyers are looking at homes that have pre-installed smart technology and prefer virtual tours while looking at prospective homes.
Read More »Inventory Shortages & Affordability Leading Some Homeowners to Renovate
Potential homebuyers are having their plans hampered by limited availability and affordability, leading some to reconsider staying in their current home and renovating instead. That’s according to a new report by the National Association of Home Builders, released recently during ...
Read More »Homebuyers Seek Innovation From Mortgage Lenders
People looking at purchasing a home think mortgage products are not innovative enough and look instead for lowest rates or points, rather than who is offering the loan.
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