BC-Homebuying Season,ADVISORY

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BC-Homebuying Season,ADVISORY


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BC-Homebuying Season,ADVISORY

Associated Press8 May 2015 09:09-04:00

Editors:

The Associated Press will offer a package of stories next week laying out the trends homebuyers should watch this spring.

Buyers face rising prices and limited choices in many markets. Young people hoping to own are having an especially tough time because of their heavy debts and stagnant wages. Still, low interest rates could make mortgages cheaper for some.

This advisory will be updated with any further changes.

For questions, please email [email protected]

The AP

___

ON MONDAY, MAY 11:

HOMEBUYING SEASON-TOUGH COMPETITION

LOS ANGELES — Eager to buy a home this spring? Already own but hoping to trade up? Be warned: there’ll be lots of competition. Buyers this spring will need to pay attention to six forces at work in the market. By Business Writers Alex Veiga and Josh Boak. 1,200 words. Photos.

ON TUESDAY, MAY 12:

HOMEBUYING SEASON-MISSING MILLENNIALS

LOS ANGELES — Young people hoping to buy their first home are already facing disappointment this year. Rising prices are putting more homes out of reach, while pickings are slim because few properties have come onto the market during the spring months, when sales are supposed to take off. By Business Writers Alex Veiga and Josh Boak. 880 words. Photos.


Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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