Zillow: Tax Cut Savings Going Into Housing
Posted Friday May 18, 2018 in Real Estate

Homeowners and renters will put $13.2 billion in savings generated by the recently passed Tax Cuts and Jobs Act back into housing market in 2018 through the purchase or rental of new homes, according to a data analysis by Zillow. Furthermore, an additional $24.7 billion in savings from the tax reform legislation will be spent […]

Confidence in Housing at New Peak
Posted Tuesday May 8, 2018 in Real Estate

Confidence in housing is at a new peak, with enthusiasm among sellers soaring, according to the April Fannie Mae Home Purchase Sentiment Index® (HPSI). At 91.7, the Index plowed through its previous record, climbing 3.4 percentage points month-over-month and five points year-over-year. “The latest HPSI reading edged up to a new survey high, showing that […]

New-Home Prices Are Beginning to Heat Up
Posted Tuesday April 24, 2018 in Real Estate

It’s not just the weather that’s heating up as we move into spring. The cost of a newly constructed home is rising as the housing market enters its peak buying months. The median price of a new home climbed to $337,200 in March, according to a joint report by the U.S. Census Bureau and U.S. […]

The Most-and Least-Affordable Places for Locals to Buy Homes
Posted Wednesday April 18, 2018 in Real Estate

Where are locals most likely to buy an affordable home of their own? Not in California, that’s for sure. As prices surge faster than incomes, average Janes and Joes have a better shot of becoming homeowners in the Midwest and the Rust Belt, according to a joint report from realtor.com® and the National Association of Realtors®. […]

How to Triumph in a Bidding War
Posted Thursday April 12, 2018 in Real Estate

With a record low number of listings this spring, more buyers may be finding themselves in a bidding war for the home they want. CNBC recently highlighted a few tips on how buyers can be successful in a bidding war, including: Set the maximum price from the start. Home shoppers should factor in the monthly […]

Home prices in 20 U.S. cities advance
Posted Tuesday March 27, 2018 in Real Estate

A limited number of properties for sale against a backdrop of steady demand helped keep home prices elevated in January, according to S&P CoreLogic Case-Shiller data released Tuesday. The 20-city home-price index increased 6.4% year-over-year (the estimate was 6.2%), after rising 6.3% year-over-year. The national gauge of home prices rose 6.2% year-over-year. The seasonally adjusted […]

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