Buying a home

Pending Home Sales Inch Back 0.5 Percent in May

WASHINGTON/ June 27, 2018 (STL.News) — Pending home sales decreased modestly in May and have now fallen on an annualized basis for the fifth straight month, according to the National Association of Realtors®. A larger decline in contract activity in the South offset gains in the Northeast, Midwest and West. The Pending Home Sales Index,* … Continue reading Pending Home Sales Inch Back 0.5 Percent in May

Spokeswoman: Damon not fleeing to Australia in Trump huff

LOS ANGELES/ March 17, 2018 (AP)(STLRealEstate.News) — A publicist for Matt Damon is batting down reports that the actor is moving to Australia with his family, and that such a move would have been inspired by anger over President Donald Trump. The Daily Telegraph newspaper in Sydney had reported that Damon was buying a home … Continue reading Spokeswoman: Damon not fleeing to Australia in Trump huff

Long-term US mortgage rates rise for seventh straight week

February 22, 2018 (AP)(STLRealEstate.News) –Long-term U.S. mortgage rates rose for the seventh consecutive week and remain close to a four-year high, which will increase the costs of buying a home for many people. This week     Last week    Year ago 30-year fixed         4.40             … Continue reading Long-term US mortgage rates rise for seventh straight week

54% of Americans say buying a house is their first financial goal

NEW YORK/ Sept. 14, 2017 (StlRealEstate.News) — Following a first survey from July 2016, ReportLinker conducted a new research on home ownership in the U.S. to find out if attitudes and opinions had shifted in a year. ●     Is being a home owner still a priority for Americans? ●     Can Americans afford their dream house? ●     … Continue reading 54% of Americans say buying a house is their first financial goal

How hard is it to come back from foreclosure?

April 27, 2017 (STLRealEstate.News) The National Association of Realtors reported that nearly 9.3 million homeowners underwent foreclosure during the period of 2006 to 2014.  Since we are now well into 2017, almost one decade after the Great Recession, a lot of these homeowners are ready to own a home again.  The questions everyone asks if: … Continue reading How hard is it to come back from foreclosure?