MORE HOMEBUYING OPTIONS TO COME IN 2015

The number of first-time homeowners reached its lowest level in three decades. According to an annual survey of homebuyers by the National Association of REALTORS®(NAR), only 33 percent of total purchases this year were by first-timers, down from 38 percent … Continue reading

STOCK SELLOFF OFFERS RATE RELIEF

STOCK SELLOFF OFFERS RATE RELIEF

In early October, investors sold shares in the Stock market and reallocated money to other investment engines. The upside to this Stock selloff? Lower interest rates for the housing market—in fact, rates reached their lowest levels in over 17 months … Continue reading

HOMEBUYING SEASON BEGINS WITH A BUZZ

HOMEBUYING SEASON BEGINS WITH A BUZZ

In early May, the National Association of REALTORS® reported that the volume of purchase contracts signed for existing homes rose 3.4 percent in March. That was more than the 1 percent increase forecasted by economists who were surveyed by The … Continue reading