Within Recent Home Sales, Multigenerational Purchases RiseAccording to a survey from the National Association of Realtors, sales of primary homes to multigenerational families grew from 12 % to 15 % in just the first three months of the pandemic. Taking care of aging...
Consumers Demand Online Mortgage OptionsIn the latest mortgage news the past year has radically reshaped consumer expectations, with the availability of online mortgage options now a significant factor in choosing a lender. 58% in a recent survey by ICE Mortgage...
Prices Rose Everywhere99% of metro areas saw home prices rise in the first quarter of the year, according to the National Association of Realtors. Though some cities saw year-over-year jumps as high as 35%, even smaller places saw at least modest rises. Experts credit...
Mortgage Market Update Experts Say the Housing Market isn't About to Crash - Real Estate Market Boom ContinuesRecord sales, high demand, soaring home prices, low rates; the real estate market hasn't been this hot since before the crash of 2008. As the real estate...
Mortgage Market UpdateFirst-time Homebuyer Tax CreditRecent legislation seeks to bolster homeownership for low to middle-income earners. The newly introduced "First Time Homebuyer Act" could provide a tax credit of up to 10% of the home purchase price, or $15,000, to...
Mortgage Market UpdateA Closing Door for Rates For homeowners wondering if it's a good time to upgrade to a different home: While you have heard, no doubt, that housing supply is tight and prices are high, there are several reasons why it may be a good time to buy -...
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