New Home Sales Back in The Range After Uncommonly Big Bounce

The new home market returned to the longer-term range last month, with sales seeing their 4th biggest rebound in 4 years.  Sales of new single-family homes rose to a seasonally adjusted annual rate of 684,000 in August, up 6.4% from July's revised 643,000 but 2.0% below the same month last year. The

Refi Demand Logically Lower While Purchases Grind Sideways

Mortgage demand remained subdued last week as the 30-year fixed rate climbed above 7%. The Mortgage Bankers Association (MBA) reported a 1.5% decline in total mortgage application volume for the week ending September 18, following a 4.1% drop the week before.  Purchase activity was the only saving g

What Do You Have To Disclose When Selling a House

You’re ready to sell your home but feel hesitant to disclose even minor issues, worried they might turn buyers away. However, withholding these details could lead to legal complications down the line.  So what do you have to disclose when selling a house? The rules vary from state to state, and some

How Seller’s Disclosures Protect Buyers and Sellers in a Home Sale

A seller’s disclosure, also called a property disclosure, is a document that sellers are legally required to provide to potential buyers. It outlines any known issues or defects with the home that could affect its value or safety. Whether you’re buying a home in Phoenix, AZ or preparing to list your