U.S. Housing Market News With a Local Angle

Housing Market News With a Local Angle

Welcome to the Home Buying Institute. We provide “hyper local” housing market news for cities and metro areas across the United States. We do this by researching local real estate trends and also by soliciting input from local real estate professionals. In fact, the Home Buying Institute is currently building a nationwide team of housing reporters to cover trends and conditions at the local level.

We have been educating home buyers, sellers and mortgage shoppers for more than 10 years. We provide unbiased information that helps buyers and sellers make better-informed decisions. You can learn more about our company and our goals on this page.

Most Recent Stories

FHA Minimum Credit Score Could Be Too Low for Lenders in 2016

Many home buyers who choose the FHA loan program are surprised to learn their credit scores are below the mortgage lender’s minimum cutoff, even though they meet the Federal Housing Administration’s official requirements. It happens fairly often, in fact, and it has to do with something called “overlays.” According to the Department of Housing and […]

Top 10 Most Expensive Housing Markets in Florida, Going Into 2016

Earlier this month, the real estate company Coldwell Banker released its latest Home Listing Report (HLR). The HLR is published annually and offers keen insight into home price trends in hundreds of real estate markets across the country. The latest report compiles average listing prices for four-bedroom, two-bathroom homes listed for sale on coldwellbanker.com between […]

Quicken Loans Offers FHA Loans With Credit Scores Down to 580

According to a recent article in the Washington Post, Quicken Loans offers FHA loans to borrowers with credit scores as low as 580. This is significant for two reasons: (1) They are the largest non-bank retail mortgage lender in the U.S. (2) Most lenders require a score of 600 or higher.

Prediction: 30-Year Mortgage Rates Above 4% By End of 2015?

A recent prediction by the economists at Freddie Mac suggests that 30-year mortgage rates could hit 4% (on average) by the end of 2015. And the way things are going, we might get there even sooner than expected. The 30-year average rose again this week to land at 3.98%.

Home Purchases Predicted to Rise in 2016: Here Are 4 Reasons Why

According to the Mortgage Bankers Association (MBA), home purchase loans could increase by as much as 10% in 2016 compared to this year. There are several reasons for this. Low mortgage rates, job market improvements, and the threat of rising home prices are all playing a part.

Why California Could Have the Hottest Housing Markets in 2016

For the past few months, California cities have dominated Realtor.com’s list of the top 20 hottest housing markets. In their latest rankings, metro areas in the Golden State took eight of the top 10 spots. This trend could carry over into 2016 as well.

Fed: Borrowers Could See Relaxed Mortgage Standards in 2016

The Federal Reserve’s Senior Loan Officer Opinion Survey revealed that some U.S. banks are easing their mortgage standards. This means that borrowers could have an easier time qualifying for home financing in 2016. In contrast, standards appear to have increased for FHA-insured mortgages. The latest survey was conducted in October. The results were published in November.

Outlook: New Home Construction to Climb in 2016, Due to Strong Demand

With the housing market collapse fully in the rear-view mirror, home buyers are flocking to new construction at a pace we haven’t seen in a while. And the market will probably only heat up further in 2016. A recent report by the National Association of Home Builders (NAHB) forecast strong growth for the housing market […]

Atlanta Real Estate Market in 2016: Experts Forecast ‘Strong Growth’

What can we expect from the Atlanta real estate market in 2016? If recent predictions are any indication, this metro area could see additional home-price gains throughout next year. But there are signs of cooling as well. So maybe we shouldn’t expect the kinds of double-digit gains we’ve seen in recent years.

Is Real Estate Crowdfunding the Next Big Thing in Investing?

Is crowdfunding going to be the next big thing in real estate investing? According to some industry analysts, this alternative finance strategy is poised for growth — especially if financial regulators ease the rules, as they are expected to do.