Home Buyers Archive

Thanksgiving: Home for Hosting — Or Maybe Just Dining Out

The American Dream of homeownership is not only about a financial investment, it’s about a place to call home. The number one reason 24 percent of buyers buy a home is the desire to own a home of their...

REALTORS® Reported Slower Buyer Traffic in September

For the first time since January 2012, the Buyer Traffic Index, which captures on the aggregate how REALTORS® viewed traffic conditions in their markets, dropped  to 44  in September  (55 in August), according to data from the September 2014...

Rapidly Diminishing REO Foreclosure Sales

The number of foreclosed home sales has been rapidly falling and could essentially vanish by next year.  Those who specialize in foreclosure sales should therefore look towards other line of business. In August, foreclosed sales comprised only 6 percent...

The Home Search Process (2004-2013)

Looking at the interactive graph below, there is an obvious increase of people who started their home search online. Indeed, the share of people using the Internet has increased by 28% since 2004. In 2013, 48% of first-time home...

New Credit Models Could Help, Someday

The Fair Isaac Corporation recently introduced a new scoring model. The model could help to expand credit to first-time and minority groups. But there is a problem: Fannie Mae and Freddie Mac, who support the majority of the mortgage...