As consumer confidence continues to increase, and jumbo loan rates look more like conventional loan rates, expensive home sales are rising. According to the National Association of Realtors the number of home sales priced at $500,000 to $750,000 grew by 15% from January 2013 to January 2014. The time it takes to sell a house…

The number of homebuyers who believe that now is a good time to sell a home is increasing, according to new information from a Fannie Mae survey. Mortgages are also considered much easier to get at present when compared to recent years. Fannie Mae’s Nation Housing Survey states that the number of participants who consider…

A recent Realtor survey suggests that many older people in or approaching their retirement years are making plans to buy a new home. The survey found that 57% of baby boomers have plans of moving out of their current residence. Boomers have, on average, become more confident about their retirement and believe they can achieve…

According to experts this spring is shaping up to be a highly competitive selling season as the economy improves, housing confidence rises, and a growing number of homes are expected to go on the market. Experts have compiled a list of valuable tips to take notice of when putting your house up for sale, such…

Researchers at CoreLogic predict that the U.S. will see an average home price gain of 4.2% this year. The number of homes for sale is expected to increase, and construction starts are expected to rise. Experts say there is no way to accurately predict a national average for the housing market as some areas will…

According to CoreLogic’s most recent report, home prices have increased in many States. In February, prices increased 12.2% when compared to February 2013, marking the 24th consecutive month that home prices have shown growth in the United States. Fourteen States have experienced double-digit price growth year-over-year. A few of the states with the most gains…

Consumer confidence in the United States jumped to a six-year high last month while home prices also showed measurable gains at the beginning of the year. Many experts suggest that the slump experienced in February was due to extreme winter weather conditions. Ryan Sweet, the senior economist at Moody’s Analytics said, “the economy is showing…

According to Trulia’s Housing Barometer, the housing market is recovering and has made a significant improvement over the last 12 months. The report shows that four out of the five housing indicators have improved from last year. The Housing Barometer is made up of five key factors: new construction starts, existing home sales, delinquency and…

According to Freddie Mac, average fixed mortgage rates increased from the previous week. Mortgage rates are still considered historically low, but are expected to increase over time. Freddie Mac chief economist, Frank Nothaft said, “mortgage rates rose following the uptick on the 10-year Treasury note after comments by the Federal Reserve Board Chair Janet Yellen…

Many lenders are now beginning to offer subprime mortgages to those with credit scores under 640. After the housing bubble burst, many borrowers with poor credit scores were eliminated from the mortgage market, but according to recent data, many of these borrowers are now beginning to qualify for loans. Experts say it may be more…