Mid America Mortgage Blog

February Named Most Affordable Month for Home Buyers by Attom Data Solutions

house in winter

We all know that spring and summer are traditionally the busiest home buying seasons, but are they actually the seasons to purchase real estate? According to recent information from Attom Data Solutions, which tracks real estate data across the nation, February has historically been the best month to get a good deal on a home.

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Airbnb promises to change policy to help cities struggling with housing shortages

condo

Airbnb, the popular home-sharing platform, recently announced it will be adding new restrictions to select large cities that will ban homeowners from renting their properties to long term visitors. The new rules are being set in place as a response to officials in some cities having difficulty enforcing similar restrictions that are already in place. 

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Despite challenges, 2016 was the best year for existing-home sales in a decade.

Although the U.S. real estate market continues to deal with certain struggles (low inventory, rising prices, etc.), 2016 was officially the best year for existing-home sales in the last 10 years. Last year’s distinction is based on recently released data from a report from the National Association of Realtors (NAR). According to the report, 2016 saw an impressive 5.45 million sales of previously lived-in homes — the highest since 2006 when there were 6.48 million existing homes purchased. These figures are seasonally-adjusted, meaning they are smoothed out over the 12 month period to balance out common seasonal fluctuations in the real estate market

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