Tagged : new home

Found 12 blog entries tagged as "new home".

bank__olegdoroshin_450zillow.com - If you are shopping for a new home, it’s equally important to shop around for the best mortgage rate, too. Rates can vary greatly between lenders and even seemingly small differences can end up saving – or costing you — a lot of money over time. 

“Although the difference in monthly payment between a 4.5 percent interest rate and a 5.5 percent interest is not dramatic, your savings in interest paid over the life of the loan is significant,” said Erin Lantz, director of Zillow Mortgage Marketplace.

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construction__zarja_450realtor.com - New home buyers have a big appetite for larger homes, according to preliminary data recently released by the United States Census Bureau––suggesting that home sizes set a new record in 2013. 

The average size of a new home has increased more than 300 square feet in the last five years, to 2,679 square feet in 2013 from 2,362 square feet in 2009, according to the census data in a report published by the National Association of Home Builders.

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zillow.com - Real estate agents often hear from clients who are interested in home buying because they “need more space” or they want more “modern” kitchens. There may be other reasons their current homes don’t fully meet their needs: a new job, a new relationship, a new baby and so on.

But buying a new home is never the only solution. In fact, in some cases it may be better to remodel or renovate the home you have. Here are some things to consider when deciding whether to remodel, renovate or buy:

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interest__max5128_450homes.yahoo.com - If you don't have 20 percent to put down on a new home, that doesn't mean you can't buy one. Does that surprise you? Then listen to this: there are all kinds of strategies for prospective home buyers who can't get the cash together for the traditional 20 percent down.

In fact, homebuyers could get a loan with as little as 3.5 percent down through the Federal Housing Administration, says Joe Parsons, senior loan officer with PFS Funding in Dublin, CA and author of "Growing Equity: A Guide for the Hopeful Investor." 

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marketwatch.com - Home builders are as confident as ever — nearly eight years to be more precise. Whether that will translate into actual construction remains to be seen.

The National Association of Home Builders/Wells Fargo housing market index rose 3 points to 59, marking the fourth rise in a row. Economists polled by MarketWatch had expected a 55 reading. July’s level was downwardly revised by a point to 56.

Any reading above 50 is considered “good.”

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finance.yahoo.com - May new home sales, as reported by the Census Bureau and the Department of Housing and Urban Development, increased 2.1% from April.  

New home sales increased to an annualized pace of 497,000—up 8.3% from May (which was revised down from an initial estimate of 476,000 to 459,000) and up 38% from a year ago. Activity picked up in the West, South, and Northeast, while falling in the Midwest.

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nbcnews.com - U.S. home-builder confidence in the market for single family homes rose in May amid rising home prices despite increasing building materials costs, an index showed on Wednesday.

The National Association of Home Builders/Wells Fargo Housing Market index edged up three points to 44, from a downwardly revised 41 in April. Economists in a Reuters survey were expecting a reading of 43. Any number over 50 indicates that more builders view conditions as good than poor.

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money.cnn.com - It's official: After years of little activity, homebuilders are dusting off their jackhammers.

Last year housing permits hit their highest level since 2008, according to the Census Bureau, and new-home sales grew 20% from the prior year.

An untouched abode offers advantages, of course, such as a sleek modern layout and few repairs. Buying an existing home, however, may allow you to seal the deal faster and can offer better short-term price appreciation.

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forbes.com - Insanely low mortgage interest rates—and the knowledge that they’ll eventually go up again—make a lot of people feel like it’s time to buy a house right now. And maybe it is … if you go about it the right way.

Buying a home is a major purchase (to put it mildly), and there are plenty of ways to trip up. But don’t worry—we’ve got your primer right here. 1. Don’t … buy a house if you’re planning to move again soon.  2. Don’t … bust your budget.  3. Don’t … forget about added costs.  4. Don’t … put down a nominal down payment.  5. Don’t … neglect to get everything in writing.  6. Don’t … skip the inspection.  7. Don’t … think a brand-new home entitles you to brand-new everything.

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businessinsider.com - If you are a first-time home buyer who has been looking for the perfect opportunity to buy a new home, then the time is now. The current real estate market is perfect for everything from buying a new home to investing in the real estate market, which is why first-time home buyers and investors have been going head to head and competing for the best real estate on the market.

Why, exactly, is now a great time for first time home buyers to purchase a new home? From incredible deals on foreclosure and short sales to low interest rates and a projection for rising home prices in the future, now is the perfect real estate market for first-time home buyers.

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