Buying/Selling

Inventory at Lowest Since 2013

December 21st, 2017
Housing inventory is shrinking, still, according to the recently released Trulia Inventory and Price Watch for the fourth quarter of 2017. Across the board, in the premium, starter and trade-up tiers, inventory has tumbled 10.5 percent year-over-year—the most considerable drop-off...

Buying Is Better Financially in More Than Half of Markets: Report

January 15th, 2018
It is more affordable to buy a home than rent one in more than half of markets—but for how long remains uncertain, according to recently released research. In 54 percent of the over 400 counties analyzed by ATTOM Data Solutions,...

Pending Home Sales Inch Up 0.2 Percent in November

December 27th, 2017
Pending home sales were mostly unmoved in November, inching up 0.2 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). The PHSI posted 109.5 in November, up from 109.3 in October. The Index is based on...

Housing Starts Trip Up

January 18th, 2018
But Could ‘Easily’ Exceed 1.3 Million This Year Home-building activity stumbled in December, with housing starts down 8.2 percent to a rate of 1,192,000, according to the latest data from U.S. Census Bureau and the Department of Housing and Urban...

Millennials and the Silent Gen Agree: Walkability Wins

January 1st, 2018
Millennials are not the only generation preferring proximity to restaurants and retail. Americans born between the mid-1920s up until 1945—the “Silent Generation”—are also on the lookout for walkability. Fifty-five percent of members of the Silent Generation recently surveyed by the...

Average 30-Year Mortgage Rate Charges Above 4 Percent

January 20th, 2018
The average 30-year, fixed mortgage rate charged to 4.04 percent this week, up from 3.99 percent the week prior, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The 15-year, fixed rate averaged 3.49 percent, up from 3.44 percent the...

Report: Cohabitating Increasingly Popular

January 1st, 2018
Solo living is becoming more difficult for younger generations, especially for millennials who are struggling to afford rising home prices if they are burdened with student loan debt. And with rental prices rising as well, even solo renting is not...

10 Percent and Falling: Housing Inventory Keeps Shrinking

January 21st, 2018
Buyers are being challenged by diminished inventory and mounting prices, especially in areas with crisis-level supply, according to the December Zillow® Real Estate Market Report. Inventory is down 10 percent from last year—a three-year trend—and, in the buzziest markets, as...

Market Trends, and Your Big Opportunity in 2018

January 2nd, 2018
As a student of history and the markets, I believe the real estate industry is the healthiest it’s been in more than three decades. Although sales and home prices are close to where they were before the housing boom, there’s...

Zillow: Gains in Housing Now Make It Worth $31.8 Trillion

January 2nd, 2018
A banner year. Another $2 trillion was added to the housing market in 2017, brought to a collective $31.8 trillion, according to a recently released report by Zillow. On an annual basis, home values increased 6.5 percent last year; values...
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