Home Sales

Appreciation at Quicker Pace, Up 5.7 Percent

May 14th, 2018
Appreciation grew quicker in the first quarter of 2018, up 5.7 percent year-over-year, according to the latest quarterly report by the National Association of REALTORS® (NAR). “The worsening inventory crunch through the first three months of the year inflicted even...

Midyear Update: Flat Forecast for Home Sales This Year

May 20th, 2018
For the foreseeable future, the housing market will be plagued by scarce supply, according to presenters at the 2018 REALTORS® Legislative Meetings & Trade Expo, held recently in Washington, D.C. With the economy and employment encouraging growth, home sales will...

Realtor.com: Early Signs of a Slowdown

June 3rd, 2018
Home prices and sales are at their speediest yet, but there are indicators of tempering, according to data from realtor.com®. In May, listings were at a median $297,000, which is 2 percent higher than in April and 8 percent higher...

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,...

Home Prices Still on an Upturn

February 13th, 2018
Home prices are still on an upturn, up 5.3 percent in the fourth quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). “A majority of the country saw an upswing in buyer interest...

Pending Sales Cave Under Mortgage Rate, Supply Pressures

February 28th, 2018
January’s pending home sales caved, dropping 4.7 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). All four of the major regions in the U.S. experienced fewer sales, with the Northeast 9 percent lower, the Midwest...

Half of Markets Outpacing Peaks Prior to Recession

April 23rd, 2018
ATTOM Data Solutions has released its Q1 report on sales, which found homes in 54 percent of metros are at prices above their pre-recession top-out. “Rising interest rates and recently enacted tax reform that removed some tax incentives for homeownership...

Home Prices Surge on Strong Buying Season

August 16th, 2017
Home prices continue on at a clip, surging 6.2 percent in the second quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). The pace outdoes the previous peak observed in the third quarter...

Economic Forecast Perks Up

September 23rd, 2017
Analysts are amending their economic forecast due to higher GDP expectations, even as Hurricanes Harvey and Irma weigh on growth, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook for September 2017. The...

Home Prices Keep Rolling, up 5.3 Percent in Q3

November 5th, 2017
Home prices keep rolling, up 5.3 percent in third quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). “The stock market’s climb to new record highs, the continued stretch of outstanding job growth...
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