The National Association of Home Builders’ Housing Trends Report for the final quarter of 2020 shows a dramatic increase in buyers’ interest in new construction homes. The report revealed that 41% of prospective buyers were looking for a newly-built home which is more than twice the percentage reported in 2019. The NAHB Economics team researches […]

The current housing market offers perfect opportunities for both buying and selling a home. In today’s market, there are a couple of perks for both home buyers and sellers that are hardly ever available. This is a perfect time to purchase a home because of the historic low mortgage rates. The average mortgage interest rate […]

The pandemic has shifted the things we want in a home. Homebuyers are looking for comfort, wellness and efficiency. According to the 2020 Green Smart Market Brief, high-performance homes are on the rise. A good resource for consumer’s high-performance must-haves when it comes to building or remodeling a home can be found in National Green […]

Applying for a mortgage is a big part of purchasing a new home. This can be an exciting yet daunting task. Here are a few things you shouldn’t do once you have applied for a mortgage. Speak to your banker or lender before depositing cash into your bank account.  You do not want to deposit […]

Everyone would love to save money where they can. Your home is not only one of your most valuable assets but an area where you can save a good bit of money. Here are five simple maintenance tips that can help you save money down the road. Seal leaky doors and windows Windows and doors […]

Now is the time to purchase a home with record low-interest rates. If you are considering making the leap into homeownership here are a few things you need consider. First how much can you afford? There are many items to factor into your overall budget for purchasing a home. You will need to think about […]

Homebuyers are eager to purchase because of the record-low mortgage rates. The month of May brought the largest monthly gain ever recorded, and this month the rise in pending home sales is back up to pre-pandemic levels. The National Association of Realtors (NAR) publishes The Pending Home Sales Index (PHSI) which is the leading indicator […]

Builder confidence has caught back up to the pre-pandemic level as of July. The housing market is in the lead to the U.S. economic recovery. According to the latest NAHB/Wells Fargo Housing Market Index (HMI) newly-built single-family homes rose from 14 points to 72 points in July. The National Association of Home Builders started the […]

For potential home buyers taking out a mortgage can be a daunting experience. According to a mortgage survey taken by Freeandclear, 32% felt the mortgage process was overly complicated and stressful. Here are three mistakes to avoid when it comes to obtaining a mortgage. Always shop around for a mortgage. Not shopping around for a […]

The latest data from the National Association of Realtors (NAR) reports that home prices in the metro New Orleans area were up at the beginning of 2019. The National Association of Realtor sends out a quarterly report that gives data on median home prices, tracking the sales in metro areas across the country. In New […]