The housing market might have had a rough start to the year, but according to Fannie Mae’s Economic and Housing Outlook released on Monday, this quarter seems to be a temporary headwind as a stimulative fiscal policy is expected to ...
Read More »The Reality of Home Prices vs. Home Sales
Home prices in February hit a four-year high, capping a 72-month run in which median home values rose nationally, according to a report by Redfin. But just because the prices went up does not mean sales went up. In fact, ...
Read More »Availability Over Location: Housing Market Shifts Focus
Buying a house in 2018 has become steadily more intricate with consistent declines in availability and continued price increases, according to an analysis by Realtor.com that identified a shift in buyer activity. The report analyzed thousands of views to Realtor.com’s ...
Read More »Hispanic Homeownership Increased in 2017
Homeownership in the Hispanic population increased for the third consecutive year according to a joint report by The Hispanic Wealth Project, and the National Association of Hispanic Real Estate Professionals (NAHREP). The report analyzes Hispanic labor force participation rate, household ...
Read More »West Remains the Most Expensive Region to Buy a Home
Home prices continued their upward climb over the last 12 months, ending 2017 with a growth of 6.3 percent according to the December 2017 data on the S&P CoreLogic Case-Shiller National Home Price Index that was released by S&P Global on Tuesday. ...
Read More »Inventory and Affordability Taking a Toll on Home Sales
Existing-home sales dropped both month-over-month and year-over-year in January 2018, experiencing their largest annual decline in over three years, according to a report from the National Association of Realtors. NAR’s Existing-Home Sales calculations track “completed transactions that include single-family homes, ...
Read More »High Prices Collide With Dwindling Inventory
Median income has risen, yet many potential home buyers are still hesitant. Inventory hit an all-time low, as prices jumped, and reports show this is a trend that may continue.
Read More »Can the Housing Market Maintain Its Momentum?
Pending home sales inched up 0.5 percent during the year according to the Pending Home Sales Index released by the National Association of Realtors (NAR) on Wednesday. The Pending Home Sales Index is a monthly forward looking indicator based on ...
Read More »Metros that Make the Dream Neighborhood Checklist
Neighborhoods in Chicago are among the rare major metro areas that ‘Have it All’ according to a report. Other cities include Pittsburg, Cleveland, and Miami.
Read More »Wildfires and Low Inventory to Strain Southern California Housing Market
With the Thomas Fire continuing to rage across southern California, exacerbated inventory shortages are likely to make the housing market even more complicated in the months to come.
Read More »