National Builder Trade In Program

No Worries… Home Prices Coming In For A SOFT Landing

by Builder Trade In Program Mar, 05

Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing.

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How Can I Increase My Family’s Net Worth?

by Builder Trade In Program Feb, 26

Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016.

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2019 Will Be A Great Year For Buyers AND Sellers

by Builder Trade In Program Feb, 19

 

Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming!

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Selling Your House? Price It Right Up Front

by Builder Trade In Program Feb, 11

In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize that telling the homeowner the truth is more important than getting the seller to like them.

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Mortgage Rates Rise For First Time In 2019 But Are Expected To Fall From Here

by Builder Trade In Program Feb, 05

So far this year, the 30-year-fixed has averaged 4.46%

Rates for home loans ticked up slightly but look set to fall in the coming weeks as investors gird for a slower-growth economy.

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24 Hours that Suddenly Improved the Market

by Builder Trade In Program Jan, 28

This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row.

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What is the Cost of Waiting Until Next Year to Buy?

by Builder Trade In Program Jan, 21

  • 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 5.1% by the end of 2019.
  • CoreLogic predicts home prices to appreciate by 4.8% 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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Home builders see rebound after housing market ‘pause’

by Builder Trade In Program Jan, 14

Call it the “pause that refreshes?”

The housing market endured a tough slog through most of 2018, but one home builder is adamant that a rebound is in store. That outlook, from Lennar Corp. LEN, -0.93%   executives, was enough to propel company shares up 10% this week, even as the company and a peer, KB Home KBH, +0.81%   both declined to provide formal guidance for the full year.

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Homebuilder sentiment drops in December to the lowest point in more than 3 years

by Builder Trade In Program Jan, 07

Homebuilder sentiment dropped in December to its lowest point in more than three years while potential buyers hesitate to purchase new homes even as mortgage rates have pulled back in the past month.

According to the National Association of Home Builders/Wells Fargo Housing Market Index, homebuilder sentiment declined 4 points in December to 56. That is the lowest reading since May 2015 and well below December 2017′s level of 74. This comes after an 8-point drop in November. Anything above 50, however, is considered positive sentiment.

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Where is the Housing Market Headed in 2019?

by Builder Trade In Program Jan, 01

  • Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!
  • Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic.
  • All four major reporting agencies believe that home sales will outpace 2018!
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