existing homes Archives

Share of first-time homebuyers falls to lowest point ever

Homebuyers and homesellers are also older, with the median age of first-time buyers rising to 40, according to a new report on homebuyers and sellers from the National Association of Realtors

by Taylor Anderson Nov 4

1st-time buyers say 'yes' to older starter homes due to higher costs

New construction starter homes may be a thing of the past as costs continue to rise, according to a report from Cotality. Buyers are flocking to a new kind of starter home, one that's older, smaller

by Lillian Dickerson Jul 29

Existing-home sales dip in January but maintain annual growth

Existing-home sales fell 4.9% in January to a seasonally adjusted rate of 4.08M. Despite the month-over-month decline, sales were still 2% higher than a year ago

by Richelle Hammiel Feb 21

Existing-home sales droop as mortgage rates hit 20-year highs

Home sales fell 2% between August and September and retreated 15.4% from a year ago as prices and interest rates climbed

by Ben Verde Oct 19

Fannie Mae economists see home sales bottoming next year

Sales expected to drop to lowest level since 2008, and the growing lock-in effect — the financial disincentive to sell — 'will remain in a way that has not occurred in over 40 years,' economists say

by Matt Carter Nov 21