- Existing-Home Sales Stumble in February
WASHINGTON (March 22, 2017) — After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors®. Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, […]
- NAR HOME Survey: Economic, Financial Optimism Surges; Renters Lukewarm About Buying
WASHINGTON (March 15, 2017) — Multiple years of uninterrupted job gains and hope that the best is yet to come in 2017 are igniting consumer confidence across the country, and especially in rural and middle America, according to new consumer survey findings from the National Association of Realtors®. The survey additionally found a growing disparity […]
- NAR Survey Finds Gen X on the Mend; More Children Living with Millennials and Boomers
WASHINGTON (March 7, 2017) — An improving economy, multiple years of strong job growth and the notable increase in home values in most markets fueled a greater share of purchases from Generation X households over the past year. This is according to the National Association of Realtors® 2017 Home Buyer and Seller Generational Trends study, […]
- Senate Confirms Carson Nomination as Realtors® Look to Opportunities and Challenges Ahead
WASHINGTON (March 2, 2017) — The U.S. Senate confirmed Dr. Ben Carson as the Secretary of Housing and Urban Development today with a roll call vote of 58-41. National Association of Realtors® President William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties, said Realtors® will work closely with Secretary Carson to […]
- Pending Home Sales Weaken in January
WASHINGTON (February 27, 2017) — Insufficient supply levels led to a lull in contract activity in the Midwest and West, which dragged down pending home sales in January to their lowest level in a year, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, decreased […]
- Renters Now Dominate in Half of Cities March 24, 2017
Here’s an eye-catching stat: Fifty-two of the 100 largest U.S. cities are now majority-renter.
- Mortgage Rates Retreat Slightly This Week March 24, 2017
The 30-year fixed-rate mortgage decreased slightly, marking the greatest week-over-week decline in more than two months.
- Investors Are Unlocking Biggest Profits Here March 24, 2017
“While good returns on single-family rentals are hard to come by in high-priced coastal markets and in some other housing hot spots...
- Expert Tips for Upping Your Relocation Game March 24, 2017
South Carolina–based Century 21 Blackwell & Company Realty was honored for its relocation expertise. Here are their tips for connecting...
- New-Home Sales Jump 6% March 24, 2017
A growing job market along with rising household formations are helping to fuel the market of newly built single-family homes.
- The Next Big Tech Havens March 24, 2017
Booming tech sectors and real estate often go hand in hand. And some unexpected cities are predicted to turn into the next tech meccas. ...
- U.S. new home sales rise despite higher mortgage rates March 23, 2017
Commerce Dept.: New home sales rose 6.1% in Feb. to the fastest pace since July, up about 13% from a year ago. Builders also have ramped up new-home construction.
- Realtor.com names top cities for millennials March 23, 2017
Economic growth and relative affordability were top draws for the metros. Salt Lake City ranked first, followed by Miami and Orlando, Fla., as No. 2 and No. 3.
- Average U.S. 30-year mortgage rate slips to 4.23% March 23, 2017
Freddie Mac: Long-term mortgage rates are down from their highest levels of 2017. Last week, the 30-year FRM was 4.30%; the 15-year FRM was 3.50% and now is 3.44%.
- 5 smart reminders for your home sellers March 23, 2017
Sellers may overlook some steps that can ease their stress. Realtor.com suggests that sellers should remember to clean everything and to test the doorbell.
- Could rising mortgage rates be good for housing? March 22, 2017
While higher rates make it more expensive for buyers, rising rates could also push fence-sitters into action and convince banks that they can approve more loans.
- NAR: Existing-home sales stumble in February March 22, 2017
- Fla.'s housing market continues to see rising prices in Feb. March 22, 2017
Tight supply still an issue: Single-family home median price up 12.5% year-to-year to $225,000 as sales stayed relatively flat. Condo median price up 11.7% to $167,500; sales up 4.1%. Total U.S. sales down 3.7% month-to-month, up 5.4% year-to-year.
- Study: Homebuyers create a budget and then spend more March 22, 2017
In the current competitive market, 55% of homebuyers will consider going over budget, and they would spend, on average, an additional $37,809 to get into a home.
- Energy efficiency considered in more appraisals March 22, 2017
A Residential Energy Services Network and Appraisal Institute collaboration is adding HERS scores (Home Energy Rating System) to appraisal forms in a few states.
- Apple unveils new iPad for $329, red iPhone 7 March 22, 2017
It just got cheaper to do listing presentations on an iPad as Apple drops the price. The cheapest version, however, also comes with a few less bells and whistles.