Tag Archives: HOUSING

According to a new home price index, national housing prices have appreciated to a new post-crisis high as of February. With an index of $268,000 for the month, the U.S. saw its highest home price growth since June 2006. Prices rose 0.8 percent for the month and 5.7 percent over the year.

HouseCanary has partnered with RE/MAX to provide its agents with powerful pricing insights. As a part of the partnership, RE/MAX agents can now access HouseCanary Value Reports through the organization’s Approved Suppliers portal. The reports offers accurate home valuations and three-year pricing forecasts.

New data shows inventory is down 5 percent over the year, with the biggest decreases in Minneapolis, Columbus, and Seattle. Home values are up 6.8 percent year-over-year, hitting $196,500 for the month of March. Values appreciated most in Tampa, Dallas, and Seattle.

Fortune 500 company Assurant, Inc., has named Jerry Rowell as managing director of Assurant Field Servicers, under the Mortgage Services Group.

According to a new report, immigrant homebuyers helped the housing industry recover from the recession in a big way—and it will continue influencing the markets in the years to come. Suburbs, in particular, will see large immigrant homeownership growth, as most are looking for single-family homes in affordable areas. These communities need to be proactive in preparing for more immigrant residents.

On Monday at the National Low Income Housing Coalition conference in Washington, HUD Secretary Ben Carson stated that the Trump administration will include housing funding in the infrastructure bill. Carson defended the Trump administration’s $6 billion proposed budget cuts to the Department of Housing and Urban Development, saying “no one is going to be thrown out on the street.”

Rising home prices nationally have created the strongest equity economy since 2006, according to a new report by Black Knight. Borrowers have nearly $5 trillion in equity to tap into, and the number of underwater borrowers has dropped dramatically. Refis account for a stronger share of borrowing than they have for years.

Real house prices have jumped significantly over the past year, rising more than 8 percent since January 2016. According to First American, these pricing jumps coupled with low inventory spell a seller’s market for spring. “Despite the monthly increase in affordability and continued strong wage growth, homes are less affordable across the country compared to a year ago,” said First American Chief Economist Mark Fleming.

The March 2017 issue of Housing Finance at a Glance, compiled by the Housing Finance Policy Center at the Urban Institute, gives a 44-page in-depth look at housing finance in today’s market.  It’s a virtual encyclopedia of information concerning the ...

It’s sometimes difficult to have any disposable income left over from a paycheck. A recent joint study conducted by Zillow and LinkedIn has found several cities where jobs and affordable housing are plentiful.