by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, New Construction
Some Highlights:Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase.The median home price decreased slightly from...
by Brent Knapp | For Sellers, Infographics
Some Highlights:The National Association of REALTORS® surveyed their members for the release of their Confidence Index.The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners....
by Brent Knapp | For Buyers, For Sellers, Infographics
Every Hour in the US Housing Market: 633 Homes Sell253 Homes Regain Positive EquityMedian Home Values Go Up $1.43 Source: KCM
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights:36% of Americans think they need a 20% down payment to buy a home.44% of Millennials who purchased a home this year have put down less than 10%.71.8% of loan applications were approved last month.The average credit score of approved loans was 731 in...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights:Distressed property sales fell to its lowest number since NAR began tracking it in 2008.As you can see, with less distressed properties, sales are up in all price ranges except the $0 – $100K price range.Interest rates are still at historic lows,...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights:Only 2.9% of homes are in serious delinquency, down 17.1% from July 2015.This is the 57th consecutive month with a year-over-year decline.The national foreclosure rate has returned to August 2007 levels, at only 0.9%. Source: KCM