Average prices for single-family homes in metros increased annually in 91% of markets in Q2 2019, according to the National Association of Realtors (NAR). The latest figures represents ...
Read More »Millennials Looking to Refinance
As interest rates shrink and debt increases, Millennials are planning to refinance their mortgage to lock int heir rates.
Read More »Report: Competition Rate Lowest Since 2011
Competition among homebuyers has reached the lowest levels since 2011, as Redfin reports just 11.2% of offers faced a bidding war in July—a 45% year-over-year decline. Redfin states ...
Read More »Surprising Markets Named Hottest in the Nation
Homebuyers are moving away from the expensive and big cities, and the smaller, less expensive markets are flourishing. According to a report by CNBC, which uses data from ...
Read More »What Effect Does a Recession Have on Home Values?
New analysis from Zillow shows that other than the housing-led Great Recession a decade ago, home values have continued to grow despite national and statewide recessions over the ...
Read More »Luxury Home Sales Rebound in Q2
Average sales prices for luxury homes increased 1% year-over-year to $1.64 million in Q2 2019, rebounding from a 1.7% drop in Q1 2019, according to new data from ...
Read More »Education is Essential in the Mortgage Process
Although the majority of Americans favor homeownership, Fannie Mae’s latest National Housing Survey revealed many overestimate the qualifications and what it takes to own a home. “Despite increased ...
Read More »Markets at Risk for a Housing Crash in 2019
Bankingrates.com’s latest poll found that Newark, New Jersey, and Detroit, Michigan, were the two markets most likely to suffer a housing crash in 2019. The poll, which listed ...
Read More »The Debate Over Single-Family Zoning
A new survey from Redfin revealed that homebuyers and sellers are nearly twice as likely to oppose increased housing density in their neighborhood than they are to support ...
Read More »How Much Was Spent on Private Residential Construction?
The National Association of Home Builders (NAHB), with information from the U.S. Census Bureau, reports that private residential construction spending came in at $507.2 billion in June—a slight ...
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