National Builder Trade In Program

Home Prices Up 6.54% Across the Country!

by Builder Trade In Program Dec, 18

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
...

Why Getting Pre-Approved Should Be Your First Step

by Builder Trade In Program Dec, 11

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

...

Questions to Ask Your Home Builder

by Builder Trade In Program Dec, 04

 

When you're thinking about buying a new home, selecting the right home builder is a key step in creating the home of your dreams. You should feel comfortable asking a potential home builder every question that you think is important. And, a professional builder or sales representative will want to make you a happy and satisfied home owner.

...

Existing Home Sales Slowed by a Lack of Listings

by Builder Trade In Program Nov, 27

  • The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply.
  • Existing home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, but down 0.9% from October 2016.
  • NAR’s Chief Economist, Lawrence Yun, had this to say: “While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.”
...

Housing Starts Up Sharply, Near Post-Recession High in October

by Builder Trade In Program Nov, 20

 

Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. This is the highest housing production reading since October 2016, when total starts hit a post-recession high of 1.33 million.

...

How to Save on a Mortgage Payment Whether Buying or Selling

by Builder Trade In Program Nov, 13

In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy.  The study explains:

...

The Difference an Hour Makes in Real Estate

by Builder Trade In Program Nov, 06

Every Hour in the US Housing Market:

  • 624 Homes Sell
  • 347 Homes Regain Positive Equity
  • Median Home Values Go Up $1.13

 

 

Source:  Real Estate with  KEEPING CURRENT MATTERS

...

Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

by Builder Trade In Program Oct, 30

There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

...

The Cost of Renting vs. Buying a Home

by Builder Trade In Program Oct, 23

Thinking of Selling your Home? Competition is Coming

by Builder Trade In Program Oct, 16

 

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.7% over last year.

...