More housing markets are returning to their pre-recession levels, a new housing index shows. Find out which metros top the list.
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Those who have undergone a previous short sale need to pay careful attention to their credit report to make sure it was reported accurately by the lender, especially if they want to apply for a new mortgage anytime soon.
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All-cash purchases are making up a bigger bulk of home sales, with one-third of REALTORS® saying they had at least one cash deal in December, according to a recent survey.
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Mortgage rates continued to inch down this week as the 30-year fixed-rate mortgage averaged 4.23 percent, Freddie Mac reports.
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“Consumers are back, pent-up demand is emerging, there is a growing need for new construction, distressed sales are diminishing, and builders see it,” said the National Association of Home Builders’ chief economist during the International Builder Show this week.
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