All-cash buyers and institutional investors were able to purchase residential homes at a larger discount rate from the average market value at the time of purchase than the average rate for all U.S. homebuyers in the third quarter, according to RealtyTrac's U.S. Institutional Investors & Cash Sales Report for Q3 2014.
Read More »Real Estate Professionals Optimistic About Homeownership Comeback
As the share of first-time homebuyers hovers at its lowest level in nearly three decades, real estate professionals remain optimistic that homeownership is due for a comeback.
Read More »Report: Housing Market Not Completely Back, But Getting Closer
The National Association of Home Builders (NAHB) released its Q3 Leading Markets Index (LMI) report Thursday, and the verdict is: National housing recovery is getting there, slowly but surely.
Read More »October Job Gains Pushing Housing Toward Recovery
The labor market is helping to boost housing recovery despite a weak virtuous cycle between the jobs and housing recently, according to research released by Trulia earlier this week.
Read More »Consumer Confidence Growing, But Attitudes Toward Housing Remain Mixed
Despite growing economic confidence, Americans' housing sentiment remained mixed in October, according to survey findings from Fannie Mae.
Read More »October Job Growth Falls Short of Predictions; Unemployment Drops Again
U.S. employers added 214,000 jobs last month, the Bureau of Labor Statistics (BLS) reported Friday morning. Economists had expected payrolls would increase by 240,000, a slight decline from September's preliminary estimate of 248,000 new jobs added.
Read More »Housing Recovery Moving Slowly Despite Moderate Gains in Sales
While home sales prices posted moderate gains in September, the housing market recovery as a whole is moving slowly, according to the Wells Fargo Economics Group Housing Wrap Up for October 2014.
Read More »Institutional Investor Sale Share Sinks to Four-Year Low in Q3
Institutional investor sales comprised 4.3 percent of all single-family residential home and condo sales in the third quarter of 2014, down from 5 percent in the second quarter and from 5.3 percent in Q3 2013, according to RealtyTrac's Q3 2014 Institutional Investor and Cash Sales Report released on Thursday.
Read More »Private Sector Employment Expands by 230,000 Jobs in October
The number of jobs in the private sector increased by 230,000 from September to October in 2014, according to the October ADP National Employment Report released on Wednesday.
Read More »Report: Non-Mortgage Debt Dragging Homeownership Even With Lower Down Payment
While lowering the down payment on a mortgage may clear one major hurdle to homeownership, a report released by RealtyTrac Tuesday revealed that a monthly mortgage payment is affordable to those with non-mortgage debt in less than half of the counties in the U.S.
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