Housing in some metros over the last four years has recovered more quickly driven by substantial economic growth, while housing has been slow to recover in some metros based on sluggish economic growth.
Read More »Homeowner & Appraiser Opinion Gap Narrows
Homeowners and appraisers are inching closer to seeing eye to eye in terms of home value opinions. Quicken Loans’ national Home Price Perception Index found that the average appraisal in November was 1.87 percent lower than the value the homeowner expected.
Read More »FHA Releases 2016 Loan Limit Data
The Federal Housing Administration (FHA) revealed its loan limits for 2016, according to an announcement Wednesday. The FHA said that loan limits will increase in 188 counties from the 2015 limits, but all other counties will remain at their current level.
Read More »The Housing Industry May Have the Rental Picture Totally Wrong
The housing industry has become so accustomed to believing that renting is a popular trend and option among the millennial generation. However, research shows that picture is distorted and younger consumers are not as big on renting as we believe they are.
Read More »Are Housing Bubbles Invading the Market?
The topic of bubbles forming in the housing market is something that has been thrown around for quite some time. As home prices soar to new heights—with no sign of decline—housing bubbles appear to be popping up in many markets and may be here to stay.
Read More »Millennials Will Migrate to Up-and-Coming Housing Markets in 2016
America's most-talked about generation—millennials—are expected to impact the housing market heavily in 2016. As home prices in popular metros rise and affordability problems persist, this generation is expected to weigh other options in the near future.
Read More »Real Estate & Construction Job Sectors Show Strong Growth
Although overall job openings, hires, and separations were little changed at the end of October 2015 compared to the previous month, the construction and real estate and rental and leasing sector experienced some positive changes.
Read More »Pro Teck Announces Two New Information Security Hires
In an effort to enhance information security, Pro Teck Valuation Services announced Tuesday that the company has hired two new employees. According to a press release from Pro Teck, Luc Levensohn will fill the newly created position of Chief Information Security Officer (CISO), that is expected to better the company's information security programs.
Read More »Buyers vs. Sellers: Who has the Advantage?
This year has been dubbed as one the best in terms of home prices and sales, especially during the spring and summer seasons. One competition that has been in the balance for all eternity is the contest between buyers and sellers. It's the age-old competition in the history of the housing market, but only one can ultimately have the power.
Read More »Potential Fed Rate Hike Will Hit First Time Homebuyers Hardest in 2016
The Federal Open Market Committee will convene next week for the last time this year and are expected to sweep the industry will a change to the federal funds rate, something that has not been done since June 2006.
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