Julia M Goodman

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates increased last week across all loan categories, including 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate mortgages. But despite higher rates, demand for mortgage applications also rose from the week before. In fact, refinance activity was up 4 percent and demand for loans to buy homes moved 2 percent higher than one week earlier. [ 106 more words ] http://www.juliagoodmanblog.com/mortgage-demand-and-rates-/

With spring quickly approaching, now is the time of year when home buyers start getting serious about finding a house to buy. That means, it's also the best time of year for homeowners who have been thinking about putting their home up for sale. With for-sale inventory low in many markets, it's a good time to be a home seller. How good depends, however, on where you live. [ 143 more words ] http://www.juliagoodmanblog.com/the-nations-best-cities-fo/

Over the past 40 years, the typical new home has grown about 1,000 square feet. It seems, for American homeowners, their current home is always smaller than the home they hope to one day buy. But is that always the case? Well, not according to a recent survey from Trulia. Sure, the results show just 32 percent of homeowners say they'd move into a house the same size as the one they currently own. [ 158 more words ] http://www.juliagoodmanblog.com/will-your-next-home-be-big/

Recent real estate data shows home buyer demand is high. There are a lot of buyers looking to take advantage of current conditions out of concern that mortgage rates may go up this year or prices will rise further. That, along with pent-up demand from younger buyers and previously underwater homeowners looking to finally move, means it should be a great time to sell a house. [ 172 more words ] http://www.juliagoodmanblog.com/why-arent-more-homeowners-/

Generally, Generation X is used to refer to people born in the 1960s and '70s. Because they reached peak home buying age right around the time home prices began to drop, many found themselves underwater on their mortgage and unable to sell their house and upgrade to a larger home. Now, according to the National Association of Realtors 2017 Home Buyer and Seller Generational Trends study, there is evidence that there are an increasing number of Gen X home buyers active in the market. [ 123 more words ] http://www.juliagoodmanblog.com/the-return-of-the-gen-x-ho/

Demand for mortgage applications typically increases as the spring season approaches. Buyers hoping to find a home to buy look to get a jump on their competition by applying for a loan before the rush. This year is no exception. In fact, mortgage application demand was up 3.3 percent last week, according to the Mortgage Bankers Association. The increase puts demand for loans to buy homes 4 percent higher than it was at the same time last year. [ 131 more words ] http://www.juliagoodmanblog.com/mortgage-demand-up-as-buye/

Each month, Fannie Mae uses the results of their National Housing Survey to determine Americans' views about housing market conditions and their personal economic outlook. The resulting Home Purchase Sentiment Index breaks down consumers' responses about the state of their financial prospects, whether or not they feel it is a good time to buy or sell a house, and whether they think home prices and mortgage rates will rise or fall. [ 129 more words ] http://www.juliagoodmanblog.com/americans-feel-good-about-/

Buying a house is no small purchase. So you definitely don't want to find yourself regretting your choice after you've signed the papers and settled in. But though we all know it's an important decision and one to be taken seriously, a lot of new homeowners say they'd do things differently if they had the chance to go through the buying process all over again. [ 143 more words ] http://www.juliagoodmanblog.com/what-new-homeowners-say-th/

Though it's commonly said that spring is the most popular time for home buyers to begin looking at houses, a new analysis has narrowed it down even further. In fact, the Zillow Group Report on Consumer Housing Trends pinpointed the best two weeks of the year to list a house. The study found that homes listed between May 1st and 15th sold nine days faster than the average listing. [ 162 more words ] http://www.juliagoodmanblog.com/the-absolute-best-time-to-/

The dictionary definition of inflation is a substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency. In other words, inflation means you get less bang for your buck. And, according to a new outlook from Freddie Mac, it has shown signs it may be about to increase, which could have an impact on the housing market. [ 157 more words ] http://www.juliagoodmanblog.com/how-inflation-might-affect/

The Mortgage Bankers Association's Weekly Applications Survey is a measure of both mortgage rates and demand for loan applications. Conducted weekly since 1990, the survey is a good source for tracking market trends. According to the most recent survey, average mortgage rates fell last week across all loan categories. Rates declined for 30-year fixed-rate mortgages with both conforming and jumbo balances, 15-year fixed-rate loans, and mortgages backed by the Federal Housing Administration. [ 127 more words ] http://www.juliagoodmanblog.com/lower-rates-give-buyers-sp/

Though this year's real estate market may not look as buyer friendly as it has in recent years, demand is at its highest level since the Great Recession, according to the National Association of Realtors' chief economist, Lawrence Yun. Yun says Americans are feeling more confident about their financial status due to better job prospects and recent stock market gains. That, of course, is positive news. [ 166 more words ] http://www.juliagoodmanblog.com/home-buyer-demand-hits-pos/

In January, sales of newly built single-family homes increased 3.7 percent over the previous month and are now 5.5 percent higher than last year at the same time, according to new numbers released by the U.S. Census Bureau and the Department of Housing and Urban Development. But though the improvement was solid, it didn't meet economists' expectations. Surveyed economists were predicting a 6.3 percent sales increase. [ 123 more words ] http://www.juliagoodmanblog.com/market-for-new-homes-stron/