Manufactured Homes to Ease Housing Shortages? The federal government may increasingly be eyeing manufactured housing as one potential solution to ease shortages of affordable homes across the country. Mortgage financing giants Fannie Mae and Freddie Mac announced plans in January to purchase more manufactured housing loans over the next three years. Further, the U.S. Department …
Tag: News
Mar 05
Robots Suit Up for Bigger Roles in Real Estate
Robots Suit Up for Bigger Roles in Real Estate Several new companies are introducing robots that could reshape how property is rented and sold. Robots are showing properties, creating floor plans, and shooting videos of homes and freeing the time of agents to focus on other tasks in a transaction. The Wall Street Journal recently …
Feb 28
A home for sale at 303 Meadowbrook Ln Broomall, PA 19008 in Delaware County
A home for sale at 303 Meadowbrook Ln Broomall, PA 19008 in Delaware County Broomall, PA 19008 4 beds 3 baths 2,257 sqft 0.48 acres lot size Single-Family Home For Sale $445,000 Est. Mortgage $2,552/mo Description of this home for sale at 303 Meadowbrook Ln Broomall, PA 19008 Welcome to 303 Meadowbrook Lane, a quaint …
Feb 27
8 Hot Markets for Millennials, Gen X, Boomers
8 Hot Markets for Millennials, Gen X, Boomers Because millennials, Generation X members, and baby boomers are in different stages of their lives, they are seeking different types of real estate markets that meet their specific needs. Realtor.com® found the hottest locations for each age cohort based on migration data for each of the major …
Feb 26
The Power of Flowers in Your Listings
The Power of Flowers in Your Listings Forty-eight percent of the country has recently been covered in snow, according to the National Weather Service. If the cloudy skies and muted winter landscape have your listing looking ho-hum, try some greenery to get potential buyers thinking about spring. According to a Harvard University study, seeing flowers first …
Feb 23
Spring May Not Be Pretty for First-Time Buyers
Spring May Not Be Pretty for First-Time Buyers A shortage of homes and surging prices are hitting first-time buyers particularly hard heading into the spring season. The share of first-time homeowners dropped to 29 percent of all existing-home sales in January, down from 33 percent a year ago, according to the latest housing report from …
Feb 22
Home Sales Off to Sluggish Start
Home Sales Off to Sluggish Start Blame it on the housing shortage: Existing-home sales posted their largest declines on an annual basis in more than three years, the National Association of REALTORS® reported Wednesday. All major regions of the U.S. saw monthly and annual sales decline in January. “The utter lack of sufficient housing supply …
Feb 20
Climbing Mortgage Rates Reach 4-Year High
Climbing Mortgage Rates Reach 4-Year High Mortgage rates continued to inch higher this week, marking the sixth consecutive week for borrowing cost increases for home shoppers. “Wednesday’s Consumer Price Index report showed higher-than-expected inflation; headline consumer price inflation was 2.1 percent year-over-year in January, two-tenths of a percentage point higher than the consensus forecast,” explains …
Feb 19
First-Time Buyers May Have it Easiest Here
First-Time Buyers May Have it Easiest Here First-time home buyers are entering the market under tight inventory conditions and rising home prices. But not all cities are posing a challenge for those looking to break in to homeownership. A new study by LendingTree ranks the top cities for first-time home buyers in the nation’s 100 …
Feb 16
‘Tiny Homes’ May Have a Wider Buyer Pool
‘Tiny Homes’ May Have a Wider Buyer Pool The tiny-home movement has been a popular topic among design television shows in recent years, but there was some debate about whether it was truly a lasting trend or not. But a new survey confirms that consumers are definitely intrigued by smaller homes, often described as less …
Feb 15
Market Volatility Giving Buyers Cold Feet?
Market Volatility Giving Buyers Cold Feet? It seems a 1,000-plus point drop in the stock market last week mixed with rising interest rates may have been enough to give homeowners and buyers the jitters. Overall mortgage applications last week dipped 4.1 percent week over week on a seasonally adjusted basis, the Mortgage Bankers Association reported …
