New Year, New House? Here’s How to Prepare for the 2018 Market » Mortgage Masters Group

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Prepare for a bumpy. Traffic to Zillow Group’s mobile apps and websites accelerated with more than 194 million average monthly unique users in Q2, an increase of 4% year over year, while visits.

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The MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 700,000 units in January 2018, based on data from the BAS. The new home sales estimate is derived using mortgage application information from the BAS, as well as assumptions regarding market coverage and other factors.

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New house sales increased by nearly 20 percent at the end of 2017 – the strongest surge in a decade. This, mixed with the emergence of new FHA loans (federally insured loans which require minimal credit standing), means 2018 could be the strongest year for real estate in decades.. The American housing market hasn’t seen house sales of this magnitude since before the market crash of 2008.