With prospective homebuyers finding it a little easier to find a house thanks to inventory finally rising, interest in buying a home is now at the highest level in four months.
It appears there may be an answer to the eternal question of 'When is the best time to buy a home?'. As it turns out, the answer may be right now.
Newly released data shows that mortgage credit availability increased in August, meaning it got a little easier to get a mortgage last month.
With available inventory slowly increasing and the bidding wars seemingly beginning to dissipate, it appears that prospective homebuyers are starting to feel a small sense of relief.
Thanks in large part to the consistent rise in home prices, homeowners are tapping into their growing home equity more often than they have in more than a decade.
It's the same song, different verse when it comes to home prices these days. They keep going up and up and up.
There's much-needed relief on the way for beleaguered home shoppers who are having difficulty finding the home of their dreams, as the number of homes hitting the market is on the uptick.
In many cities and towns across the country, the hallmark of the housing market this year has been fewer homes hitting the market, leading to multiple offers and even downright bidding wars for the homes that do become available. However, it appears that things may be starting to calm down…a bit.
Despite a dip in mortgage applications in July, 2021 had the second-strongest July since 2012, with new home sales unchanged from June.
If you're thinking of selling a house, you might be feeling a little overwhelmed—especially if you need to sell your house fast. You're constantly running through the to-do list in your head: hire a real estate agent, stage the home for viewings, get a home inspection.