Fannie Mae recently released its economic and housing forecast for the second half of 2015, and the government-backed mortgage insurer is optimistic about growth for the U.S. real estate industry. Here are the key points from the report: Home sales expected to continue their climb Homebuyer demand is high, sparking improvements for home sales. Fannie Mae anticipates this activity will continue. "We expect to see strong sales, lean inventories and rising confidence through the rest of the year, which should support increased homebuilding activity and give an added boost to econ...
Demand for homes hasn't waned, and though this housing market activity is good news for builders and sellers, it doesn't present the most advantageous situation for homebuyers.
July 24th, 2015 Rising home prices still strain affordability
First-time homebuyers who are looking for the right mix of a healthy housing market, affordable homes and a welcoming environment should look no further than Overland Park, Kansas.
July 24th, 2015 What's the best city to find a first home?
First-time homebuyers who are looking for the right mix of a healthy housing market, affordable homes and a welcoming environment should look no further than Overland Park, Kansas. According to a recent study from WalletHub, this is the best city for first-timers to find a home in the U.S. Though this Midwestern city was among what the study deemed as a mid-sized city (having 150,000-300,000 residents), that didn't stop Overland Park from beating major cities like Colorado Springs, Colorado; Pittsburgh; and Raleigh, North Carolina. In fact, Allen, Texas; Centenn...
July 23rd, 2015 What’s the best city to find a first home?
Real estate experts know first-time homebuyers are the key to maintaining momentum in the housing recovery, but some analysts have negative opinions of these buyers as a long-term solution for sustaining the mortgage industry.
July 21st, 2015 Are first-timers all that different from repeat homebuyers?
Since the housing recovery began, analysts have often said student debt prevents recent college graduates from saving for a home.
July 21st, 2015 How fast can college graduates save for a down payment?