Fifty-six percent of renters feel that now is a good time to buy a home, which is down from 57 percent last quarter, and down even further from 62 percent a year ago. Comparatively, 80 percent of homeowners feel now is a good time to buy.
Read More »National Home Price Index Falls Flat
Monthly index leveled off nationally in January but grew over the year. No regions in decline for the first time since October. Mountain and Pacific values were January’s strongest.
Read More »Adapting Metros for an Aging Population
People are living longer and spending more time in the city, a report by the Milken Institute says. The Institute’s report evaluates 381 U.S. metropolitan areas to determine how well they serve the needs of the nation’s growing population of mature adults, and its Mayor’s Pledge encourages mayors and other public officials to support a healthy environment for aging residents, and nearly 200 mayors have signed the pledge.
Read More »The Week Ahead: Looking to Continue Prosperous Home Sales
Previous NAR data showed year-over-year and month-over-month increases in existing home sales
Read More »Top 3 Cities Where Millennials Sales are Surging
Millennials in Pittsburgh, Washington D.C., and Des Moines, are pursuing home ownership more than their counterparts in any of the nation's 100 largest cities, according to a Lending Tree study.
Read More »HOA Fees Outpace Home Prices
The average monthly Homeowners Association fee was $250 in 2005, but by 2015, that number grew to $331.
Read More »Fannie Mae Stays Bullish Looking at 2017
GSE says slow consumer spending in January should not dampen the national economy. Jobs and residential construction key to GDP growth.
Read More »High Rent and More Homeownership in Major Financial Centers
The rising rent costs could mean now is a good time to buy a home in the U.S., especially in high-rent financial centers like New York and San Francisco, as high rents in these areas may cause some consumers to switch from renting to homeownership.
Read More »Appraisers and Homeowners Disagree
Home appraisals were an average of 1.69 percent lower than what homeowners expected, a gap that has widened for the third month in a row.
Read More »Home Prices in Some ZIP Codes Average Seven Figures
Notoriously expensive New York state ranks high on the list, but surprisingly, New York’s most expensive ZIP code is not in Manhattan.
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