Archive for Market News

Home prices are getting slightly more affordable, but down payments are still holding buyers back

 

Source: Diana Olick

https://www.cnbc.com/2025/12/30/home-prices-affordable-down-payments-buyers.html

 

Mortgage rates are lower, home prices are easing and there is more supply on the market for sale. All of that adds up to improved affordability for today’s homebuyers. Saving for a down payment, …

NASA Wants to Build Homes on the Moon by 2040

Abby Monteil

published Oct 22, 2023

Credit: Shutterstock/Chockdee Permploysiri

Article Source: https://www.apartmenttherapy.com/nasa-moon-houses-2040-37329016

Forget astronaut space walks or brief rocket rides — within the next 20 years, NASA predicts that Americans will be moving … to the moon.

According to …

New Year, New Home: Is 2025 Your Year to Buy?

Home spelled out with holiday ballsIn 2025, many of us are setting fresh goals and envisioning new possibilities. For some, that vision includes homeownership. Whether you’re tired of renting, looking to invest, or simply ready to upgrade, the new year presents a perfect opportunity to …

Does Curb Appeal Make Houses Sell Faster?

In front of their first home purchasePotential buyers’ first view and impression of properties for sale is from the curb as they arrive. About 40% of homebuyers conduct house searches online. The first online view is usually from the curb. An unimpressive or poor curb appeal …

Breaking Through Financial Wealth Barriers: 3 Traps to Avoid

Regardless of the income you may, money management is the key to a financially successful future. You’ll want to build your funds as carefully as possible, ensuring that you’re fully prepared for any catastrophic circumstances. We’re all just a debt …

How Does the Fed’s Lowering Short-Term Rates Impact Mortgage Rates

I get asked if I think the news and our industry puts too much emphasis on what the Federal Reserve is doing, and its being able to control inflation. In a word, my answer is yes. The Fed has a …

Purchase Agreement Contingencies You Should Never Remove When Buying a House

With inventory low and high competition for homes in the lower price points we know it can be difficult going up against other buyers with more down payment right now.

This demand means buyers are going to great lengths to …

92% of millennial homebuyers say inflation has impacted their purchase plans, but most are plowing ahead anyway

KEY POINTS

  • Millennials — who are roughly ages 27 to 42 — are in their prime homebuying years.
  • While the combination of high home prices and rising interest rates has caused affordability issues for many buyers, the situation is gradually

Lowest Rates in Months After Inflation Data

By: Matthew Graham

December 13, 2022

There aren’t many scheduled economic reports that are as hotly anticipated as was today’s Consumer Price Index (CPI).  The market’s reaction more than validated the anticipation.  What does all this mean for rates?

Inflation …

Is it a Bad Time to Buy a Home?

Is now a good time to buy?

It can’t be both a great time to sell and an awesome time to buy at the same time. It is a tough time to buy, but things are getting better.Buying a home as an investment in your future

Mortgage rates …