Pending home sales grew for the second-consecutive month in June, as the National Association of Realtors (NAR) announced the Pending Home Sales Index rose 2.8%, and year-over-year contract ...
Read More »Fed Slashes Interest Rates
Interest rates have been cut for the first time in a decade, as the Fed announced Wednesday that rates will drop by a quarter of a point. According ...
Read More »Five Star’s Delgado Addresses Industry at Disaster Symposium
Industry leaders from organizations such as Fannie Mae, Freddie Mac, and more converged on New Orleans for the 2019 Five Star Disaster Preparedness Symposium. Click through for details on the important discussions unfolding at the event.
Read More »Foreclosure Auction Home Prices Measured
According to a new report from Auction.com, solid real estate investor demand and a limited supply of distressed properties continues to push average prices up in most parts of the country.
Read More »Home Prices Climbing Higher
Home prices rose 3.4% in May 2019, which is down from 3.5% growth the prior month, according to the latest CoreLogic Case-Shiller U.S. National HPI (HPI). “Growth in ...
Read More »Chronicling California’s Affordability Issues
California is no stranger to affordability issues, but a new report by The Mercury News reveals that today’s buyers pay nearly nine times the median annual income—$100,000—for a ...
Read More »Housing’s Impact on the GDP
Although Q2 2019’s GDP growth of 2.1% exceeded expectations, housing’s share of the GDP declined to 14.6%, according to the National Association of Home Builders (NAHB). Recording its ...
Read More »Where are Homeowners Looking to Relocate?
Redfin reports that 25% of home searchers on Redfin.com are looking to relocate to a new metro in Q2 2019—a slight increase from last year. The report states ...
Read More »Interest Rates and the Impact on Mortgages
A new report issued by WalletHub found that there is a 78% chance the Fed drop interest rates on July 31, and that mortgage rates will fall if ...
Read More »Homebuyers and Peer Pressure
Here's how many Americans felt pressured to spend more than necessary on their home.
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