Posts Tagged real estate

Home builder confidence remains strong into the new year

new home builder

Builder confidence for new, single-family homes fell slightly as 2018 began, but overall remains strong. The National Association of Home Builders (NAHB) recently released the results of their monthly joint report with Wells Fargo, which support the continuing strength of the market for new homes. The NAHB/Wells Fargo Housing Market Index (HMI) dropped 2 points in January to 72 after reaching an 18-year high in December 2017. 

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Millennials going deeper into debt to buy homes, realtor.com study finds

family outside of home

  Older millennials have a strong presence in today’s real estate market; they’re buying homes, they’re getting mortgages. But unlike their Generation X and Baby Boomer predecessors, millennials are taking on significantly more debt to do so. According to a new analysis of mortgage origination data from Optimal Blue by realtor.com, millennials, many of whom are already burdened by student loan debt, are buying homes and starting families in an economy where home price increases have generally outpaced wage increases. This, combined with the fact that there are fewer starter homes on the market, led many millennials to purchase higher

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NAR Research publishes report on home buying with children

family meeting real estate agent

Did you know that 49 percent of home buyers that have children consider a neighborhood based on the quality of the school districts? Or that 22 percent had to delay buying a home due to childcare expenses? These are just a few of the many insights gleaned from the National Association of REALTORS (NAR) Research Department’s 2017 Moving With Kids report. While the report shed light on a number of interesting home buying and selling behaviors among those with and without children, there were three key findings that appeared to be most significant. First, the report suggested that nearly half

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