Most Can Raise Their Credit Scores
The common wisdom is that would-be homebuyers with lower credit scores benefit the most from improving them. But that’s not the case, says a new survey.
Homebuying, Selling Pessimism Ticks Up in Fannie Survey
The share of consumers who think it’s a less-than-optimal time to buy or sell a home keeps ticking upwards as interest rates rise and housing affordability drops.
Listings Fall Out of Contract as Rates Spike
A new report from Redfin suggests another way higher mortgage interest rates are taking their toll on the housing market: more homebuyers bailing on purchases.
Local Lenders Confront Challenging Mortgage Market
With mortgage rates rising to heights not seen in 10 years, lenders are looking for different ways to stay competitive, from lowering rates on 30-year fixed products to offering more ARMs.
Signs Point to Housing Slowdown
Owners who are just now putting their homes on the market appear to be an optimistic bunch. Whether they are too hopeful remains to be seen, but the signs are pointing to a slowdown that could stop the march of ever-higher prices.
War, Rate Hikes Will Heap Costs on Prospective Buyers
As we head into the spring market, predictions that 2022 would see home prices continue on their record tear, posting another year of double-digit increases, no longer looks like a sure bet.
Is the Housing Demand Slump for Real?
Are we finally seeing the surge in home prices slowing? Or is it just an early summer mirage driven by exhausted buyers?
Survey Finds Homebuyer Pessimism Grew as Prices Surged
Just over 1 in 3 Americans thought it was a good time to buy a home in May according to Fannie Mae’s regular consumer survey, down from just under half of the country the previous month.
Beware Agents Who Double-Dip
A new report from the Consumer Federation of America argues that agents who represent both the buyer and seller in a transaction do a disservice to buyers, and the practice of dual agency should be banned.
Housing Confidence Gaining Steam After Nearing Survey Low
About 61 percent of Americans think June was a good time to buy a home according to a new survey from Fannie Mae which wrapped up just before COVID-19 cases started spiking in many states outside the Northeast.
Some Buyers, Sellers Soldier On
New and existing houses aren’t selling like they were prior to the pandemic. But people are still transacting.
Consumer Confidence in Housing in February Was Near All-Time High
A new survey from Fannie Mae has found that, despite the coronavius outbreak in countries around the world, a majority of Americans in February thought it was still a good time to buy a house.
Redfin: Boston Top Destination in U.S. for Home Searchers
Boston is seeing a record level of interest from prospective homebuyers looking to relocate to a different metro area, according to a new report from online home search site and brokerage Redfin.
Believe It or Not, Holidays Are a Good Time to Sell
With far fewer sellers distracting buyers from your listing and pretty holiday decorations providing excellent staging, the only challenge is keeping the walk shoveled and the piles of coats tucked away.
Bank of America Brings Down Payment Assistance Program to Boston
Through a down payment grant program, BofA will give eligible homebuyers 3 percent of the home purchase price or up to $10,000. In Massachusetts, the year to date median single-family home sale price is $385,000.
Survey Finds Boston Millennials Pessimistic About Ability to Buy Homes
A new survey of Greater Boston residents has found that while area homeowners are generally optimistic about their ability to sell their home and buy a new one, Millennials are much less confident.
Immigrants, Minorities Dramatically Reshaping Boston Neighborhoods, Suburbs
Boston and its suburbs have become remarkably more diverse, new data show.
Study: Homebuyers Put Less Money Down
Homebuyers nationwide are putting less money down up front.
Naveo Finds the Secret to Attracting Millennial Homebuyers
It’s a problem that has long plagued the lending and real estate industry: how to get more Millennials into the market?
