Real Estate Market Trends

Don't List Your Home on a Sunday

With all of the preparation that goes into listing your home, the particular day of the week on which you list probably doesn't even cross your mind.

Home Sales Surged Nearly 12% in February

The number of monthly existing-home sales took a massive jump up from January to February, according to the latest data from the National Association of Realtors. In fact, February's 11.8% increase to a seasonally adjusted annual rate of 5.51 million was the largest month-to-month spike since December of 2015! Although existing-home sales are still down by just under 2% year-over-year, the gains made last month go a long way toward reversing the sluggish start to the year's housing market.

These Are the Features That Home Buyers Really Want

What do buyers really want? It's a question that perpetually buzzes inside the heads of sellers, real estate professionals, and, of course, home builders, which is why each year the National Association of Home Builders creates their “What Home Buyers Really Want” report. The information in the report comes directly from recent and prospective home buyers, who were asked to rank their most-desired features in a home. The results of the 2019 survey revealed a clear winner, as 91% of buyers prioritized a laundry room as a key feature in their new home. Keep reading to learn about some of the other findings from the report.

Buyers Should Have an Easier Time in 2019

For the last several years, prospective home buyers in most areas of the country have had to face conditions that aren't exactly ideal. Rapid price growth, low housing inventory, and fierce competition among buyers have resulted in conditions that can only be described as a strong seller's market. However, if you have been holding out on buying a home, then there is some evidence that the winds could be shifting in your favor. Keep reading to learn why 2019 might offer some relief for home buyers.

Which State's Mortgage Borrowers Put the Most Down?

Saving for the down payment is understandably regarded as one of the most difficult aspects of buying a home. Although the exact number depends on the purchase price, buyers generally need to come up with tens of thousands of dollars up front in order to take out their mortgage. Of course, any statistic will display a wide range of averages across the nation's fifty states, and both down payment amounts and percentages follow this rule. With that in mind, LendingTree sought to determine which state's buyers were offering up the largest and smallest down payments on their mortgages in Q3. They found that New York came in near the top of the list in both down payment amount and percentage.