Tag Archives: Sales

Despite a slight drop in confidence due to rising building material costs and labor shortage, builders remain optimistic about the year ahead.

TD Bank has appointed two senior executives to help expand its operations in the real estate mortgage market.

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.

A recent report revealed that the nation’s top grossing single-family rental markets are mostly noncoastal, Midwestern states, with Cleveland, Ohio, taking the top spot. At No. 2 and 3 were Detroit and Dayton, Ohio, respectively. Memphis and Toledo rounded out the top five.

According to a recent outlook report from Freddie Mac, total U.S. home sales will come in slightly under 2016’s numbers. This is due to a drop in refinancing activity, rising interest rates, and declining affordability. The outlook predicts originations will drop more than 25 percent in 2017.

The Census Bureau released findings on Friday that found new home sales had risen to a seasonally adjusted annual rate of 555,000 in January.

Higher home prices mark a continual trend in the market as supply struggles to meet demand. The decision of whether to rent or to buy depends on several constantly changing factors.