#homebuyers

#homebuyers

As of October, foreclosure activity had risen by 19% when compared with the same month last year.1 It was 3% higher than September's levels.1 That said, foreclosure activity is "below historic highs," according to a report by real estate data firm ATTOM. Why This Matters to Homebuyers Rising foreclosure rates can impact the housing market in several ways, which can potentially increase the number of houses for sale and affect selling prices.

Equifax, Experian, and TransUnion dominate credit reporting, but government policies requiring tri-merge credit reports hinder competition and inflate mortgage closing costs for buyers.

Lake Norman, the largest lake in North Carolina, is a human-made freshwater lake spanning 32,000 acres and bordering four counties: Catawba, Iredell, Lincoln, and Mecklenburg. However, despite its growth and some rising prices, it remains an attractive destination for homebuyers year-round.

If the economy enters a recession, the Federal Reserve may respond by lowering interest rates to stimulate activity, potentially putting downward pressure on mortgage rates and easing affordability concerns, says Realtor.com Economist Jiayi Xu.

Sustainable living is not just a trend-it is a priority for homebuyers seeking eco-friendly, technologically advanced, and health-conscious homes to improve their living experience.