With home prices projected to increase 4.2 percent by November 2018, its a seller’s market. However, first time homebuyers can expect limited for-sale inventory for lower-priced homes.
Read More »HUD: New Home Sales Reach Highest Point in a Decade
The Department of Housing and Urban Development (HUD), in conjunction with the U.S. Census Bureau released its report on New Residential Sales for November 2017 on Friday. The ...
Read More »Go West for the Nation’s Hottest Housing Markets
Areas on the West Coast, including San Francisco, Seattle, and San Jose, were among the hottest markets in 2017, with high sale prices and low housing inventory.
Read More »Existing Home Sales Reach 11-Year Peak
Sales on existing homes reached an 11-year high in November, jumping nearly 6 percent over the month. According to new data, about 5.81 million existing homes were sold in that period.
Read More »New Home Sales Approach a 10-Year High
Existing home sales posted back-to-back gains in 2017, and contract signings to close on existing home sales increased for the first time in four months, according to a report by Fannie Mae.
Read More »Existing Home Sales to Top 5 Million Again in 2018
Despite a drop in pace in October, the number of homes sold in 2017 is likely to touch 2016 highs of around 5.45 million, paving the way for a sustained rise of home sales in 2018.
Read More »The Top 16 High-Risk Housing Markets
Amidst current housing conditions, a new analysis reports the latest data behind the economic reasons why these markets have been identified as high-risk.
Read More »Persistent Housing Price Gains Hurting Affordability
House price gains continue to run at a pace well above the long-term average, according to a new report.
Read More »Servicers Keen on Performance, Technology, and Regulation in 2018
U.S. mortgage servicers aim to enter 2018 with a strong focus on maintaining performance and enhancing the use of technology in a regulated environment.
Read More »How Single Family Rental Market Is Impacting Home Sales
A recent study finds that the number of single-family rental homes grew by over 5 million between 2006 and 2017—representing significant impacts to the housing market.
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