Should I Buy Now? Or Wait Until Next Year?
  • Post By : New Home Ambassador
  • Home buying,mortgage rates,builder trade in program,new home ambassador

 

  • The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019.
  • CoreLogic predicts home prices to appreciate by 5.1% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!
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New Home Friday 09-28-2018
  • Post By : New Home Ambassador

Toll Brothers' record shows the American housing boom has no end in sight
  • Post By : New Home Ambassador
  • new homes,new home construction,housing market,builder trade in program,new home ambassador

Unemployment keeps falling and home prices keep going up. It's a great recipe for a strong housing market.

Nothing has been able to stop the housing boom -- not even higher interest rates.

Higher rates do not seem to be an issue for prospective buyers, mainly because the job market remains strong and housing prices are rising.

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Home Prices Have Appreciated 6.9% in 2018
  • Post By : New Home Ambassador
  • home ownership,home equity,home appreciation,home price appreciation,builder trade in program,new home ambassador

Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey.

Every month, the economists at CoreLogic release the results of their Home Price Insights Report, which includes the actual year-over-year change in prices across the country and their predictions for the following year.

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What Does the Future Hold for Home Prices?
  • Post By : New Home Ambassador
  • housing prices,interest rates,new home construction,builder trade in program,new home ambassador

 

Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash?

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New Home Friday 09-07-2018
  • Post By : New Home Ambassador

Pending home sales fall for seventh straight month in July
  • Post By : New Home Ambassador
  • new home construction,pending home sales,housing market,builder trade in program,new home ambassador

It may be hot in the nation's neighborhoods now, but the U.S. housing market is cooling off.

Signed contracts to buy existing homes fell 0.7 percent in July compared with June, according to the National Association of Realtors' pending home sales index. The gauge was down 2.3 percent compared with July 2017. That is the seventh straight month of annual declines. Pending home sales are an indicator of future closed sales.

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New Home Friday 08-31-2018
  • Post By : New Home Ambassador

The low-priced home shortage continues
  • Post By : New Home Ambassador
  • new home construction,new home builders,new home communities,builder trade in program,new home ambassador

The nationwide housing shortage continues but is especially troublesome for homebuyers with a budget of $250,000 or less, Susan Wachter, professor of real estate and of finance at the Wharton School of Business at the University of Pennsylvania, told CNBC on Monday.

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New Home Friday 08-26-2018
  • Post By : New Home Ambassador

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