Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.
The post It’s a seller’s market, Fannie Mae survey shows appeared first on Atlanta Agent Magazine.
Author: Alsha Khan
Demand for second homes more than doubles pre-pandemic numbers
The number of buyers who locked in mortgage rates for second homes spiked to 178% year over year in April, according to a report from Redfin.
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Homes with family-friendly outdoor features selling fast
Listing keywords associated with families and children, like community pools, nearby parks and cul-de-sacs, led to both faster-than-expected sales and higher premiums.
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Lumber prices triple, raising home prices by $36,000
Lumber prices have tripled over the past 12 months, driving up the price of the average new single-family home by $35,872. NAHB hopes to alleviate the situation by meeting with the White House, lawmakers and others.
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Atlanta remains a top moving destination in U.S.
Atlanta has been ranked as the fifth moving destination by Penske Truck Rental in its 11th annual Top Moving Destinations list.
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Biden Administration announces additional 22,000 H-2B visas
The DHS announcement comes in response to businesses reporting an immediate need for supplemental, temporary guest workers for this fiscal year.
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Forbearance rate drops to 4.5%
As the economy slowly recovers from the early days of the pandemic, the share of loans in forbearance dropped for the seventh consecutive week, signifying a 40-basis-point decrease in the last two weeks.
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HUD Sec. Fudge: ‘We will enforce U.S. Fair Housing Act’
Housing secretary reaffirms U.S. commitment to closing the racial homeownership gap at a forum with NAR president and top housing officials.
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Who made up the National Association of Home Builders in 2020?
The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.
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