Tag Archive for ‘home buyer preferences’

Mortgage Activity Decelerates

The Mortgage Bankers Association’s (MBA) latest Weekly Application shows a mild slowdown in purchase and refinancing activity from the previous week, on a seasonally adjusted basis. The Market Composite Index decreased by 8.7% and its constituent Purchasing and Refinancing indices decreased by 3.0% and 11.7%, respectively. The MBA’s 30-year fixed-rate mortgage rate remained unchanged from the previous week at the… Read More ›

Most Home Buyers Want a Home Office

Lock down orders implemented across the US to fight the spread of the coronavirus have given rise to more people working from home and engaging in other activities indoors that they would normally do in public spaces. With the major shift in where people spend their time, it is important to examine the data currently available on home buyers’ preferences… Read More ›

Top Features First-Time Home Buyers Want

After rising for six consecutive years (2010 to 2015), the average home size in the US has fallen steadily for the past four years (2016 to 2019).  In fact, estimates indicate the average home built in 2019 was the smallest since 2011.  This trend is evidence that builders are working to meet the demand for smaller homes; that they are… Read More ›