The housing market frenzy could die down, at least a little, in the coming months—if more sellers put up their homes for sale.
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Category: home buyers
It’s a Home Seller’s Market—and Baby Boomers Are Cashing In
In today’s hot real estate market, the baby boomers are making out like bandits. This generation sold the most homes, helping them to buy new ones.
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Mortgage Rates Tick Up Over 3 Percent, Dealing Battered Home Buyers Another Blow
The one bright spot for home buyers in this hypercompetitive market has been record-low mortgage rates. But those rates just crossed the 3% threshold.
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Home Buyers Have It Tough as Nation Faces Unprecedented Housing Shortage
Home buyers won’t be surprised to learn the pickings are slimmer than ever, as the nation is in the throes of an unprecedented housing shortage.
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Lots of Homes Under $100K Are for Sale, but Most Buyers Can’t Get One for This Reason
The COVID-19 pandemic has made it more difficult for borrowers to find lenders willing to make small-dollar mortgages of $100,000 or less.
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Despite Uncertainty, Home Prices Are Rising by Double Digits in Much of Nation
Home prices sharply headed up—even as the turmoil over a hotly contested presidential election, the coronavirus pandemic, and high unemployment persisted.
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It’s Been Much Harder To Buy a Home During the Pandemic—and Sellers Are Cashing In
Those buying homes during the coronavirus pandemic tend to be wealthier and looking for larger, more expensive homes in the suburbs.
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Kids These Days! Gen Z Is Buying Up Homes in These 10 Cities
The latest competition among home buyers in this frenzied housing market marked by record-low mortgage rates and all-time-high home prices is from Generation Z.
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Another Week, Another Record Low for Mortgage Rates—How Long Can This Go On?
Mortgage interest rates continue to do what had seemed impossible before the pandemic: They dropped to a new record low this week.
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How the Pandemic Is Helping Some Millennials Realize Their Home-Buying Dreams
In an unexpected twist, the pandemic has made it easier for many millennials to become homeowners and sped up their buying timelines.
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