What you need to know about who is Buying Homes

There’s always a lot of news around housing numbers. Whether home sales are up or down, hot or cold, when they’re released, housing numbers grab headlines. According to the most recent numbers from the National Association of Realtors, nearly 5 million homes will be sold in 2014. That’s a lot of homes! One thing that [...]

13 Rules Today’s New Home Buyers Can Learn From The Past

Many of today’s new home buyers are Millennials – the generation born in the 80s and 90s – who are now getting married, starting families, and stepping into the real estate arena for the very first time. This is the same generation that grew up in a boom, followed by a bust and an insane [...]

Fed Keeps Interest Rates, Bond-Buying Program Unchanged

To the surprise of virtually no one, the Federal Reserve kept its cheap-money policy in place, but markets interpreted language in the decision to mean that the end may come sooner than expected. Wall Street had expected the Fed to refrain from tapering its so-called money printing operation. Economic data, particularly in employment and consumer confidence, has [...]

Mortgage Lenders Reportedly Accepting Lower Down Payments

The average down payment for 30-year fixed rate mortgages dropped to 15.73 percent of the home's value in the third quarter this year, down 2.74 percent from the second quarter, according to a report from LendingTree. A news release about report, which detailed the average down payment percentages by state, highlighted the relationship between down [...]

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