News

Minutes, or Money? Homeowners Save by Trading Off Travel to Work

In city cores, commuting from farther out takes time, but can save thousands, according to an analysis newly released by Zillow. In Boston, there is a 13.4 percent difference in home prices, typically, between the center of the city and...

What Today’s Sellers Want

The following information is provided by the Center for REALTOR® Development (CRD). NAR has been administering its annual Profile of Home Buyers and Sellers survey since 1981. The survey has grown from 59 to 131 questions, and gives us great...

Some Not-So-Tiny Obstacles in the Growing Market for Tiny Houses

(TNS)—When Tom Alsani heard about plans for a tiny-home community in St. Petersburg, Fla., he got so excited he immediately wanted to know more. “Right now I have a house with three bedrooms, but the kids are gone and I’m...

Mortgage Rates Roused After Slipping for Weeks

Mortgage rates roused this week, with the average 30-year, fixed mortgage at a 4.54 percent rate, up from 4.52 percent the prior week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed mortgage rate was 4.02...

Paul Breunich: An Unparalleled Value Proposition

Vitals: William Pitt and Julia B. Fee Sotheby’s International Realty Years in Business: 69 Size: 27 offices,1,000 agents Regions Served: Connecticut, New York and Massachusetts 2017 Sales Volume: $4,163,231,909 2017 Transactions: 6,032 No. 34 in sales volume in RISMedia’s 2018...

A New Path to Homeownership®

Home Partners of America Creates New Homeownership Opportunities for Consumers While Creating New Business Opportunities for Agents Not surprisingly, renting skyrocketed in the U.S. in the wake of the housing crisis—and whether it’s due to continued financial restrictions, misinformation about...

Homeownership Rate Ticks Up

At the height of real estate season, the homeownership rate ticked up. According to Census data, the homeownership rate has risen to 64.3 percent—a departure from the first quarter of 2018, when the homeownership rate was 64.2 percent, as well...

International Real Estate Sales Slide in U.S.

Against insufficient inventory and mounting prices, international sales are sliding, according to the National Association of REALTORS® (NAR) 2018 Profile of International Transactions in U.S. Residential Real Estate, an annual survey. Foreign home purchases sank 21 percent from April 2017...

Appreciation on a Decelerating Trend

Appreciation is on a decelerating trend, according to ATTOM Data Solutions’ latest quarterly report. On a national scale, prices rose 6.3 percent in the second quarter of 2018—the fifth quarter in a row of slowing. “Annual home price appreciation nationwide...

Contracts Flicker in June, but Pending Sales Still Underwhelm Year-Over-Year

With an 0.9 percent gain month-over-month, June pending sales slightly sparked, according to the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI)—but, on an annual basis, contracts still underwhelmed, down 2.5 percent. From May to June, activity increased...
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