Freddie Mac blames seniors for the current housing shortage



Seniors are said to be creating a barrier for young adults entering home ownership for the first time, due to not moving out of their homes and instead deciding to “age in place”, according to a report from Freddie Mac. Freddie Mac’s February Insight report notes that around 1.6 million existing homes are being held […]

Best Life Hacks to Help You Find the Perfect Home



Buying a home is not just about having a place to stay in. You should also see it as an investment that you can use in the future. That is why it is essential to look for a property that can serve as a place where you can live as well as an investment for […]

Six Tips for First Time Home Buyers



Congratulations! You’ve made the decision to buy your first home – this is a hugely exciting step. It can often be slightly overwhelming with lots of different options to choose from – not only in the property that you go for but also in the type of home loan you apply for. Do as much […]

The Demise of the Open House Market – Is 2019 The Year?



At the start of every year the real estate business brings a plethora of new potential dream houses for buyers that are looking for the perfect home. Unless you have been living under a rock you are no doubt aware that buyers have much more power. With all the technological tools and information available right […]

Pending home sales are down, but prospects for 2019 are good



With consumers growing increasingly concerned about the economy and home prices increasing more, pending home sales slumped at the end of 2018, according to new data from the National Association of Realtors. The NAR’s Pending Home Sales Index is said to be a key forward-looking indicator of real estate market activity, based on contract signings. […]

First time buyers earn $12K a year more than median national income



Buying a home is one of the most expensive transactions most Americans will make in their life, and breaking into the housing market can be especially difficult for first-time buyers. A new RealEstate.com analysis finds that the typical first-time buyer earns more than the median household income, helping them afford to buy a home. The […]

NAR forecasts better days for real estate in 2019



The National Association of Realtors has just published its latest housing report, showing that pending home sales fell slightly in November. However, the NAR says a reversal is within sight and that it is optimistic about the state of housing in 2019. The NAR’s Pending Home Sales Index is often seen as an important forward-looking […]

Most influential factors for first time buyers



The idea of love at first sight is normally applied to human relationships, but the concept is also true for house hunters, according to a new survey published by home improvement website Porch.com this week. The survey of almost 1,000 consumers about their first home purchase looked at some of the factors that can influence […]

4 Things to Know About the Biggest Home Buying Group



Millennials have grown up in front of our very eyes. Perhaps surprisingly, the generation born in the 1980s and 1990s has been the most active segment of home buyers compared to other generations for five straight years, according to a study from the National Association of Realtors. But some real estate agents may see working […]

Attitudes towards housing shift as markets begin to cool



Residential real estate markets have been overheating for some time, but the vast majority of Americans now believe their local housing markets are beginning to cool, according to a new survey by ValueInsured. The survey found that 75 percent of respondents believe their local housing markets are starting to slow down, following five straight quarters […]