home buyers

The U.S. housing market faced a prolonged period of disequilibrium following interest rate hikes. While mortgage rates are poised to continue their fall, experts say homebuyers should capitalize now. The Data: Redfin released a report on Tuesday following a weak July jobs report that sent mortgage...

As the housing market in the U.S. continues its remarkable ascent, the landscape of home buying is seeing a significant shift in down payment trends.  What Happened: According to a study by Realtor.com, the overall percentage of down payments decreased in 2023 compared to the...

Existing home sales in the U.S. rose in June and received a strong boost from first-time buyers. According to the National Association of Realtors, existing home sales rose 1.1 percent in June to a seasonally adjusted annual rate of 5.57 million. Sales are now higher by 3 percent compared to...

The financial crisis of 2007–2008 isn't necessarily a distant memory in many people's minds. It is, however, a long enough period for credit reports to purge negative entries for more than half a million potential home buyers. Bloomberg, citing data from the Federal Reserve Bank of New York,...

A house will be the largest purchase that many Americans make in their lifetime. Unfortunately, for the majority of the country, that purchase is getting more and more expensive. A new report by RealtyTrac found that home prices have been rising at a higher rate than wages in nearly two-thirds...