National Builder Trade In Program

Home price gains fall below 6% for the first time in a year: August S&P Case-Shiller index

by Builder Trade In Program Nov, 05

Mortgage interest rates didn't begin their recent surge until the start of September, but home prices were already feeling pressure, as fewer people could afford what was for sale.

Nationally, prices rose 5.8 percent in August compared with August 2017, according to the S&P CoreLogic Case-Shiller home prices index. That is less than the 6 percent annual gain in July.

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Housing Is Still Affordable in the United States!

by Builder Trade In Program Oct, 29

Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.”

If you are considering selling your current house and moving up to the home of your dreams, but are unsure whether or not to believe what you’re seeing in the news, let’s look at the results of the latest Housing Affordability Report from the National Association of Realtors (NAR).

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Rising prices and interest rates are a 'one-two punch' to homebuyers, Lennar chairman says

by Builder Trade In Program Oct, 22

Rising prices and accelerating interest rates are a "one-two punch" to homebuyers, Lennar Executive Chairman Stuart Miller told CNBC on Thursday.

"The combination of both higher prices ... together with the acceleration and adjustment of interest rates — that is a one-two punch to what our buyers purchase, which is basically [a] monthly payment," Miller told CNBC's Diana Olick during a "Power Lunch" interview.

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The True Cost of NOT Owning Your Home

by Builder Trade In Program Oct, 15

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence.

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Are We About to Enter a Buyers’ Market?

by Builder Trade In Program Oct, 08

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening?

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Should I Buy Now? Or Wait Until Next Year?

by Builder Trade In Program Oct, 01

 

  • 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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Toll Brothers' record shows the American housing boom has no end in sight

by Builder Trade In Program Sep, 24

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

by Builder Trade In Program Sep, 17

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?

by Builder Trade In Program Sep, 10

 

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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Pending home sales fall for seventh straight month in July

by Builder Trade In Program Sep, 04

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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