Patience. A lot of would-be buyers have had it in spades as they shop for a home. One reason: Mortgage rates are near historic lows and there’s little reason to think they’re going up. Why rush?
That calculation might be changing.[...]
As usual, today’s employment report had both pluses and minuses. It showed that the economy still has momentum, creating 295,000 positions in February. And it was the 12th month in a row that employers added more than 200,000 jobs.
But[...]
Spring is a bad time for housing to catch a chill, but that’s the latest diagnosis from Fannie Mae’s monthly consumer survey. Attitudes toward homeownership hit a low in March, and more people think the economy is on the wrong[...]
The housing market showed continued signs of strength last month, pointing toward a healthy spring season. In welcome news for buyers, newly listed homes shot up by 11.5 percent over last year, the largest increase since October[...]
Good Friday brought bad news. The economy ended its streak of robust job creation in March, with employers adding a disappointing 126,000 jobs. It was far fewer than most people expected and broke a 12-month streak of 200,000-plus gains.[...]