News

Economic Forecast Hinges on Policy, Tax Reform

The economy could get a lift from tax reform, with homebuyers and homeowners likely having more income, but less in the way of write-offs, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook...

Inventory at Lowest Since 2013

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...

Cooler Markets and Warmer Opportunities

On the hunt for an investment rental? The best deals are not in hot markets, but in cold ones. New findings out of HouseCanary, provider of predictive real estate analytics and insights, reveal that at this time of year, when...

Appraisals Come Up Slightly Short

Appraisals came up slightly short of owner opinions in November, 0.67 percent lower than expected, according to the latest Quicken Loans National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose...

Thomas Gallagher: A Real Estate Powerhouse With a Family Feel

Thomas Gallagher began in the real estate business in 1986 and two years later partnered with Mike Litzner to open CENTURY 21 American Homes, which will celebrate its 30-year anniversary this coming April. CENTURY 21 American Homes is unique, Gallagher...

Changing Demand for Rentals Strains Supply

Demand for rentals is still strong—but what does it look like today, a decade after the recession? According to America’s Rental Housing Report, recently released by the Joint Center for Housing Studies at Harvard University, demand is evolving. In the...

Southern California Homes Ignite Just Months After October Fire Siege

Just two months after the most destructive wildfires in California history—an event labeled the October Fire Siege—Southern California is now the target of various fires that have burned over 250,000 acres of Ventura, San Bernardino, Los Angeles, Riverside, Santa Barbara...

Housing Starts Rise in Surprise November

Home-building activity rose in a surprise November, with housing starts up 3.3 percent to a rate of 1,297,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts...

Tax Reform Vote: Any Last Holdouts?

The Republican party’s self-imposed Christmas deadline for the widely debated tax bill is fast approaching. Last week, Republican lawmakers announced they had the votes necessary to pass the converged Tax Cuts and Jobs Act bill. As the process moves forward,...

NAR: Even With Economic Gains, Homebuyers and Sellers Unsure

Even with economic gains and employment growth, homebuyers and sellers are less optimistic about their prospects, according to recently released findings from a survey by the National Association of REALTORS® (NAR). NAR’s quarterly Housing Opportunities and Market Experience (HOME) report...
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