{"id":7172,"date":"2014-11-13T15:02:24","date_gmt":"2014-11-13T15:02:24","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=7172"},"modified":"2014-11-13T15:02:24","modified_gmt":"2014-11-13T15:02:24","slug":"stage-home-buyers-return","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/stage-home-buyers-return\/","title":{"rendered":"Stage for Home Buyers’ Return"},"content":{"rendered":"

Stage for Home Buyers’ Return<\/h2>\n
\"Stage<\/a>

Stage for Home Buyers’ Return. Image courtesy of jannoon028 \/ FreeDigitalPhotos.net<\/p><\/div>\n

Home buyers are reportedly returning to the market after nearly a year, as mortgage rates mostly stabilize and federal regulators offer up rules that promise to make it easier to get a loan, Reuters reports.<\/p>\n

Home building giants D.R. Horton Inc. and Toll Brothers Inc.<\/a> reported this week a sharp rise in new orders that hasn\u2019t been matched since last year. Builders are welcoming the rise, after a reportedly disappointing spring selling season.<\/p>\n

In October, mortgage rates plummeted to the lowest levels since June 2013 \u2013 below 4 percent<\/a> \u2013 and near record lows. The dip was welcome news to buyers after a steady rise in rates for the past year. What\u2019s more, government regulators have recently proposed new rules to allow buyers to purchase homes with down payments as low as 3 percent<\/a>, more welcome news for many buyers who have been sidelined by strict underwriting in recent years.<\/p>\n

“We’re definitely seeing a lot more purchase business than we have in the past,” Matt Hackett, underwriting manager at Equity Now, a New York\u2013based mortgage lender, told Reuters.<\/p>\n

Still, for the recovery to take full root, one important buyer segment needs to reemerge: first-time buyers. The National Association of REALTORS\u00ae\u2019 research released earlier this month<\/a> showed the number of first-time buyers this year dropped 5 percentage points from a year prior to 33 percent \u2014 the lowest share since 1987, in which it was 30 percent.<\/p>\n

\u201cFirst-time home buyers are the ones missing from the marketplace (and) part of the reason we’ve had a relatively slow recovery in housing,\u201d says David Crowe, chief economist at the National Association of Home Builders. \u201cSome relaxation in the overly restrictive lending standards will bring the first-time home buyer back.\u201d<\/p>\n

Source: \u201cEasier Mortgage Rules, Stable Rates Bring Back U.S. Home Buyers<\/a>,\u201d Reuters (Nov. 11, 2014)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Stage for Home Buyers’ Return Home buyers are reportedly returning to the market after nearly a year, as mortgage rates mostly stabilize and federal regulators offer up rules that promise to make it easier to get a loan, Reuters reports. Home building giants D.R. Horton Inc. and Toll Brothers Inc. reported this week a sharp … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-7172","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nStage for Home Buyers' Return - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/stage-home-buyers-return\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Stage for Home Buyers’ Return\",\"datePublished\":\"2014-11-13T15:02:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/\"},\"wordCount\":324,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2014\\\/11\\\/ID-10057168.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/\",\"name\":\"Stage for Home Buyers' Return - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2014\\\/11\\\/ID-10057168.jpg\",\"datePublished\":\"2014-11-13T15:02:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/stage-home-buyers-return\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2014\\\/11\\\/ID-10057168.jpg\",\"contentUrl\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2014\\\/11\\\/ID-10057168.jpg\",\"width\":400,\"height\":266,\"caption\":\"Stage for Home Buyers' Return. 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