Pending Home Sales Warm Up in February

March 29th, 2017
Pending home sales warmed in February to their highest level in almost a year, rallying 5.5 percent in the National Association of REALTORS® (NAR) recently released Pending Home Sales Index (PHSI). The PHSI posted 112.3 in February, up from 106.4...

NAR: Disconnect Between Homebuyer Aspirations and Realities

February 2nd, 2017
Eight out of 10 non-homeowners recently surveyed by the National Association of REALTORS® (NAR) identify owning a home as part of the American Dream. Their realities—limited affordable housing, perceived lack of a down payment, and student debt—are hampering those aspirations....

Pending Home Sales Make End-of-Year Push

January 30th, 2017
Pending home sales made an end-of-year push in December, picking up 1.6 percent from November in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). The rise in the overall PHSI—which also came in 0.3 percent higher than...

Homebuilders Are Betting on Baby Boomers

February 1st, 2017
(TNS)—Aging baby boomers don’t get any love from the consumer products sector. All the mainstream advertising is pitched toward 20- and 30-somethings. The only nod we boomers get is from hearing aid manufacturers and erectile dysfunction drugmakers trying to stiff...

Millennials Patient, Thrifty when It Comes to Homeownership

January 11th, 2017
Though millennials perceive homeownership as a vital component to the American Dream, they are also accepting of the realities of owning a first home, according to a new survey by Better Homes & Gardens magazine. Eighty-five percent of the first-time...

Square Footage Shrinks in Response to First-Time Homebuyers

January 14th, 2017
The average home built in 2016 was 2,634 square feet, smaller than homes built the year prior, per recent data by the U.S. Census Bureau. The downsize, according to the National Association of Home Builders (NAHB), is in response to...

Top 5 Places to Buy Real Estate Overseas in 2017

January 23rd, 2017
Looking to invest overseas? Live and Invest Overseas recently released their ranking of the top places to buy real estate overseas in 2017. The top four places hail from Portugal and Colombia. Other locales on the list include the Dominican Republic,...

Slipping Buyer Enthusiasm to Give Way to Modest Home Sales in 2017

December 14th, 2016
Enthusiasm among homebuyers has slipped in light of lacking affordability and steadily rising mortgage rates, a disposition expected to give way to a modest gain in existing-home sales in 2017, according to the National Association of REALTORS® (NAR) fourth quarter...

FAU: Housing in Buy Territory at 65 Percent

December 13th, 2016
The U.S. is in buy territory, with 65 percent of cities measured in the recent Florida Atlantic University (FAU) and Florida International University (FIU) Buy vs. Rent Index posting more favorable outcomes when buying a home than renting one—implying that...
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