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Real Estate Roundup

The 20 Hottest U.S. Real Estate Markets in June 2015

Summer is officially here, and just like the heat waves sweeping through much of the country, the real estate market shows no sign of cooling off any time soon, according to a preliminary analysis of June data for realtor.com®. — From Realtor.com

Who are the homebuying Millennials?

What does a Millennial homebuyer truly look like? This highly discussed generation is frequently defined in the housing industry, and looking at several reports, they are ready to jump into homeownership. — From Housing Wire

4 reasons why now is a good time to buy a home

Everyone has their own specific set of factors that that can motivate them to jump into the housing market. For those potential buyers still on the fence about whether they want to buy, LendingTree outlined four reasons why people may want to start their homebuying process this summer. — From Housing Wire

Mortgage rates rise as housing flourishes

Mortgage rates floated higher this week after the Federal Reserve signaled that at least one interest rate hike is on its way later this year. The uptick comes as the housing market’s momentum strengthens. — From Bankrate

15 questions to expect from a mortgage lender

Put yourself in the mortgage lender’s shoes: Before giving someone a big loan, wouldn’t you want to know a lot about the borrower? Expect your mortgage application to ask these questions about your income, credit history, the home you want to buy, how much money you have saved and more.

Pending Home Sales Index increased 0.9% in May, up 10% year-over-year

Signed contracts to buy existing homes, so-called pending home sales, rose just 0.9 percent in May from April, according to the National Association of Realtors, after a downward revision to April’s reading. That is slightly lower than analysts predicted, but is still the highest level on the association’s index since April of 2006. Pending sales are now 10.4 percent higher than one year ago.

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