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

A Fresh Batch of Housing Market Forecasts and Predictions for 2016

The U.S. housing market had a strong year in 2015, and next year could bring more of the same. But we probably won’t see as many double-digit home price gains in 2015, like we did this year. Supply and demand imbalances could continue to drive prices north, while job gains could bring more buyers into […]

Two More Signs the U.S. Housing Market is Recovering

A recent report by Freddie Mac stated that housing markets in 49 of the 50 U.S. states are showing signs of improvement. This is a big improvement over the same time last year, when less than half of all states were improving.

Today’s FHA Loan Rates Sink to Lowest Level Since May 2015

The Federal Reserve recently announced it would maintain its current monetary course at least until October. So we might enjoy those super-low mortgage rates for a while longer. In related news, the average rate for a 30-year FHA-insured home loan recently sank to a 4-month low, based on our own surveys.

Revealed: the 10 Most-Complained-About Mortgage Companies

Apparently, Americans have a lot of gripes about their mortgages. The Consumer Financial Protection Bureau (CFPB) receives complaints regarding a wide variety of financial products, but home loans have topped the list. In a recent report, the agency listed the 10 “most-complained-about” companies between April and June 2015.

Will Fed Policy Keep Mortgage Rates Low Through Fall 2015?

Federal Reserve officials recently announced they would continue to invest in MBS while holding the federal funds target rate near zero percent. This has been their policy for several years now, and it could preserve the low mortgage rates we’ve been seeing into the fall of 2015, and possibly beyond. It’s good news for borrowers.

New FHA Rules for Bad Credit and High Debt Ratios (2015 Update)

Want to get an FHA loan? You better take a close look at your credit score and your debt-to-income ratio. Either one of these things could derail your mortgage approval, if they fall outside of the guidelines set forth by HUD. The FHA’s new Single Family Housing Policy Handbook explains these rules in detail. Here’s a quick overview.

Texas Housing Markets ‘Overvalued,’ but It’s Still Not a Bubble

Texas avoided the housing bubble-and-bust cycle of the 2000s. But could it be heading into one now? A recent report showed that several real estate markets in Texas are now overvalued. This week CoreLogic, a financial and real estate analytics company, released a report that showed 14 overvalued real estate markets across the U.S. That’s […]

Housing Shortage Could Create More Sellers’ Markets in 2016

In 2016, many local real estate markets will favor sellers over buyers due to a lack of housing inventory. A recent report by the National Association of Realtors (NAR) showed that there is a significant lack of new home construction in many metro areas across the country, and it’s causing a supply shortage.

Home Prices Hit Peaks in Denver, Raleigh, Nashville and 7 Other Markets

What do Denver, Nashville, Raleigh, and San Jose have in common? Home prices in these cities recently rose to new peaks, climbing even higher than pre-recession bubble levels. This is according to a recent report by RealtyTrac. A total of 10 housing markets entered the “peak club” in July. Read the article for the full list.

Jumbo Loan Credit-Score Standards Still Tough, But Getting Easier

It might be getting easier to get a jumbo loan. A recent report from the Mortgage Bankers Association showed that lenders are easing credit requirements for these large, non-conforming home loans. But, generally speaking, it’s still harder to qualify for an “over-sized” product compared to a smaller (conventional) one.