NAR: Buyers Face ‘Double Whammy� This Spring

May 31, 2017

Today’s Headlines

 

NAR: Buyers Face ‘Double Whammy’ This Spring

Home buyers are facing persistently low inventory levels and price appreciation that’s rising much faster than incomes. Read more from NAR’s latest housing report on how that is taking a toll on contract signings.

Credit Scores Hit Record High

Rising credit scores will likely prompt banks to make more credit available, at a cheaper cost, to mortgage borrowers.

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Lack of Homes for Sale Constrains Loan Apps

The lack of housing inventory nationwide is limiting home sales and dampening mortgage applications during the height of the spring buying season, the Mortgage Bankers Association reports.

2017’s Most Affordable U.S. Beach Towns

Do you have clients who dream of owning an oceanside getaway? If they’re in search of a bargain, here are some of the least expensive hideaways to consider.

Fed: More Regular Rate Hikes Coming

The Federal Reserve says quarterly increases in interest rates are likely in the future—a fundamental shift in its policy over the last few years.

 

Give Us Your Best Zinger!

Submit a punch line for our
latest exclusive back-page cartoon, which will appear in the July/August
2017 issue of the magazine. If it really tickles our funny bone,
you’ll see your name—and quip—in print! Click the
image to view a larger version and leave a comment with your caption
suggestion.



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international market say anti-globalism attitudes could have serious
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