Tag Archives: Buyers

Most Americans feel now is a good time to buy a home, but those who want to sell are having difficulty finding buyers at desired prices, causing seller sentiment to fall to record lows. The low opinion is causing a wide gap between homebuying and home selling that won’t narrow for at least the next five quarters, according to a new report by the Mortgage Bankers Association‘s Research Institute for Housing America. From 1992 to 2005, positive seller sentiment fluctuated between 40% and 60%, according to the report. Since 2005, […]

More home owners who want to trade in their current home to buy a larger one are holding off, feeling trapped by a sluggish housing market and the loss of equity in their current home, The Los Angeles Times reports. “Potential move-up buyers … are largely sitting on the sidelines these days, leaving a key part of the housing market stuck in neutral,” The Los Angeles Times‘ article notes. “The promise of rising prices and upward mobility, once a powerful force in the American housing narrative, has been all but […]

We’ve been reading a lot about investors purchasing a large number of properties with cash.  As L has pointed out, many investors have pulled out of equities and are looking for “safer” places to put their money. Thanks to Fannie Mae now though, investors can buy a house with cash, wait a few months, then do a 100% cash out refi. Check this out: Fannie Mae has rolled out new guidelines so that investors who’ve recently purchased a home for cash can now recoup a large portion of their investment […]