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The buying frenzy continues as multiple offers become the norm and buyers offer thousands or tens of thousands above the asking price to try to get the home they want. In many cases, buyers also are increasingly waiving appraisals and even some inspections to ...
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Beware: Your buyers could struggle to be approved for a home loan. As lenders tighten standards, home loan approval is becoming more difficult, The Wall Street Journal reports.
The Mortgage Bankers Association reports that mortgage credit availability, which measures lenders’ willingness to approve mortgages ...
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Continuing the Austin-area housing market's hot streak, home sales and the median price paid for those homes set records for a January, according to new data from the Austin Board of Realtors.
Low mortgage interest rates, high demand and a shortage of homes continue to fuel the market and drive prices ...
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According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates ...
View MoreAUSTIN, Texas — (CULTUREMAP AUSTIN) New single-family homes are popping up like mushrooms around Austin, with the region nailing down its status as one of the busiest home construction markets in the country.
Data from the National Association of Home Builders shows Austin issued 21,653 permits for single-family homes ...
Hippo Realty LLC broker Brooke Daniels said for the homes she is selling in Hutto, Round Rock and Cedar Park she is getting between 40-60 offers with a minimum of 10 offers even for rural homes. (Claire Ricke/Community Impact Newspaper)
A mounting spike in home values has sellers ...
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The Austin housing market is soaring. With demand up and few houses to choose from, the Austin home prices are soaring and the buyers have to bear the brunt. The Austin real estate market has been unscathed by the pandemic throughout with the real estate industry pumping billions of dollars ...
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Homeowners struggling financially during the COVID-19 pandemic have received another extension for their mortgage payments. The Federal Housing Finance Agency announced Thursday it is providing an additional three months of forbearance to borrowers with loans backed by Fannie Mae and Freddie Mac, bringing forbearance up to 18 months total.
To ...
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As builders scrambled to keep up with demand, housing construction in Central Texas reached record levels in 2020, with home starts – and the median sales price of those new-homes – hitting all-time highs.
Industry experts say 2021 could mirror the housing market's recurring themes: high demand, low supply, and – to ...
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There’s no denying that low inventory and increasing prices have presented challenges for buyers in today’s market—and that includes first-time buyers.
But the market also offers a slew of benefits for first-time buyers—and many have had a positive experience buying a home in recent months.
A recent survey from realtor ...
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