Buyers are walking away from new homes due to rising interest rates

Interest rates have been rising so fast that many buyers who signed contracts to purchase new homes in the last year have been caught off-guard. Mortgage rates were at record lows of 3% or even less in some cases last year. Yet, a series of sudden increases have sent mortgage rates to 5.3% as of

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New home buyers list multiple regrets, survey shows

Over two-thirds of new home buyers have revealed they have some kind of regret over the deal. Indeed, for 26% of survey respondents, their regret is so strong that they wished they’d bought an existing home instead, according to Clever Real Estate. Clever Real Estate surveyed 1,000 Americans who purchased a new-construction home or were

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5 Tips for Reaching New Home Buyers in 2022

Five tips showing how a solid online and traditional marketing strategy are essential for reaching new home buyers in 2022.

8.3 million first-time buyers poised to hit the market by 2022

A wave of first time buyers is expected to fall upon the U.S. housing market in the next three years. Around 8.3 million first-time buyers will be looking to apply for a mortgage between 2020 and 2022, according to a new report by the TransUnion credit rating agency. That’s significantly higher than the 7.6 million

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