I have recently encountered an open plan by the National Association of Real Estate Bidgers who show that the average age of the US home buyers for the first time is 38 years old. This is a 30 -year -old leap between 2008 and 2010. Meanwhile, the average age for frequent buyers has risen to … Read more
This was good weeks for mortgage rates, which benefited from a delay on prices and some favorable economic data. Between a slowdown in the economy, reduced inflation and the thought that prices could be exaggerated, bond return at 10 years has improved considerably. Since reached its 2025 summit by 4.81% on January 13, it has … Read more
I often try to find glimmers of hope in bad situations. The latest issue facing potential buyers is the return to mortgage rates of 7%, down from around 6% just a month ago. While there is no clear negative correlation between mortgage rates and home prices, as one goes up and the other goes down, … Read more