More builders say sales conditions are good rather than poor, confirming earlier signs of a housing recovery. More
Open houses are a great source of information about properties, neighborhoods and local markets. Nearly half of real estate buyers go to one.
Those who didn't take advantage of record-low mortgage rates have missed the boat. Here are three reasons why.
An influx of buyers, particularly from Venezuela, combined with the economic recovery in the U.S., has created a dramatic turnaround in Miami's housing market.
As the economy recovers, America's love affair with the oversized McMansion has been reignited. The Census Bureau reports that the median home size in the U.S. hit an all-time record of 2,306 square feet in 2012.
Sales of new homes are on a tear, but builders can't find enough workers to keep up with the demand.
The median sales price of a vacation home in 2012 was $150,000 -- up 24% from the prior year --and this summer could be another sizzler.
Prospective homebuyers are having a hard time winning bids for homes and many say they are willing to compromise in order to close the deal, according to a recent survey.
Mortgage interest rates have risen half of a percentage point from record lows.
Foreclosures and short sales are both well off peak levels, helping the housing market recover.
Government assistance program to help mortgage borrowers, HAMP, gets extended for two more years.
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 4.01% | 4.04% | |
| 15 yr fixed | 3.11% | 3.18% | |
| 5/1 ARM | 2.82% | 2.88% | |
| 30 yr refi | 4.00% | 4.03% | |
| 15 yr refi | 3.11% | 3.16% |
Today's featured rates:
.
