Every year, the NAR provides a report on a survey they take regarding the “buying and selling” stats. What’s great about this survey is that most of the data is from the buyers’ (or sellers’) own experiences. We want to share the “home buyer” section of the report.
Crystal Spraggins is a professional writer and human resources consultant in Philadelphia, PA. She has a special interest in issues affecting American workers and small business owners. She also writes on personal finance and business finance topics, and maintains a personal blog.
cspraggins's Latest Posts
The press release for Ellie Mae’s September 2013 Origination Report is subtitled “Purchase Loans Share Continues to Grow as Credit Standards Loosen,” which is news that should please potential homebuyers or those looking to refinance. [Also on the Homeblog: Tight lending standards in absence of buyback clarity stifles housing market recovery] In the press release, […]
Congratulations! You’ve just learned that you qualify for a mortgage. Now what? Securing your home financing is a big deal. It’s a complicated process with all kinds of forms and fees and numbers to consider. And so many lenders compete for your business! How do you know you’re working with one who can be trusted […]
This week’s report from the Mortgage Banker’s Association, showing another decrease in the number of mortgage applications from the previous week, has some experts predicting that the industry may continue to lose jobs. According to a recent Wall Street Journal article, overall employment at the six largest U.S. banks declined by 26,254 jobs, or 2.2%, […]
If you’ve been rejected for a home loan, you’re not alone. In fact, hundreds of thousands of applicants are rejected each year. The Federal Financial Institutions Examination Council (FFIEC) released a report this month showing 2012 rejection rates of between 11% and 33.6%, depending on the institution. Here are all the common reasons why an […]
Once in a while I complain that neighborhoods aren’t like they were in the “good old days” when everyone on the block knew everyone else and kids routinely ran in and out of each other’s homes. “These days,” I lament, “neighbors hardly know each other, and people just keep to themselves. I’m not sure I […]
Whether you work from home full-time or simply need a dedicated spot to pay bills, review mail, and surf the Internet, a home office can help you to stay organized and on top of important deadlines. Here are a few tipsfor making your home office work for you. Pick a spot An extra bedroom or […]
Are you intimidated by the prospect of getting a new roof? You’re not alone. Roofs are expensive, and who wants to climb on the roof and inspect the work? Not too many people, I’ll bet. And that makes finding a qualified, trustworthy roofer all the more important. So, what should you know before contacting the […]