Home Prices

In 2017, Multiple Offers Scored Sellers Thousands

January 11th, 2018
Did you buy a home last year? Did you make an above-asking bid? Approximately 24 percent of for-sale homes in 2017 sold for higher than what they were listed for, according to an analysis recently released by Zillow. Five years...

Confidence in Housing Subdued at Year-End

January 13th, 2018
Confidence in housing was subdued in December in the Fannie Mae Home Purchase Sentiment Index® (HPSI), derived from Fannie Mae’s National Housing Survey® (NHS). The HPSI overall posted 85.8 in December, two percentage points lower than the month prior. “Consumers...

Infographic: How Recent Buyers Purchased Their Home

January 13th, 2018
Demand and home prices are increasing, but that has yet to keep homebuyers out of the market. Here is how they did it:  For more information, please visit www.nar.realtor. For the latest real estate news and trends, bookmark RISMedia.com. The post...

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,...

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...

Freddie: 2018 ‘Looking Pretty Good’ for Economy, Housing

January 22nd, 2018
Bolstered by economic gains, home-building, prices and sales are all forecasted to outdo 2017 this year, according to Freddie Mac researchers. In Freddie’s January Outlook, “Maintaining Momentum: 2018 and Beyond,” analysts believe the economy is moderating—growing 2.5 percent in 2018,...

Confidence in Housing Makes Near-Record Return

December 10th, 2017
Confidence in housing made a near-record return in November in the Fannie Mae Home Purchase Sentiment Index® (HPSI), derived from Fannie’s National Housing Survey® (NHS). The HPSI overall posted 87.8 in November, 2.6 percentage points higher than the month prior....

Existing-Home Sales Skyrocket Toward 11-Year High

December 20th, 2017
Existing-home sales in November skyrocketed to a spree not seen in more than 10 years, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.81 million, a 5.6 percent increase from October and a 3.8 percent increase from one...

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...

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...
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