Tag: New home sales

Mortgage Rates Affected By Latest Interest Rate Rise

'New Home Sales in October Dropped Lower Than Experts Predicted: Report

Home sales in October dropped to an annual rate of 679,000 amid high mortgage rates and shortage in the housing market.

'Prices of New Homes Drop to Attract First-Time Buyers

First-time buyers are faced with a tough challenge of securing a home for themselves in this busy spring home buying season. While the inventory of existing homes for sale in the market is at its lowest, the good news is that new homes are made more affordable to attract first-time buyers.

'New Homes Made Even More Affordable for First-Time Buyers in the South

Good news for first-time homebuyers: Construction companies are now offering entry-level and more affordable new houses in the market. The requirement: You need to live in the South.
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