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 […]

CoreLogic: Home Prices Shoot Up Again
Posted Tuesday March 6, 2018 in Mortgage, Real Estate

Home prices started 2018 on the rise, according to new data from CoreLogic. During January, single-family home prices were up for the sixth consecutive month with a 6.6 percent year-over-year gain year over year; prices were also up by 0.5 percent from December to January. Four states recorded double-digit year-over-year home price spikes: Washington (12.1 […]

Are You Ready to Buy a Home?
Posted Tuesday February 13, 2018 in Mortgage, Real Estate

If you’re looking to buy a home this year, you’ll likely want to act fast – at least that’s what an increasing number of Americans think. According to new data, the number of consumers who think now is a good time to buy is on the rise, and it likely won’t stay that way for long. […]

Great Start to 2018 for Housing Market
Posted Thursday February 1, 2018 in Real Estate

Contract signings on home sales rose slightly in December, reaching their highest level since last March, the National Association of REALTORS® reported Wednesday. NAR’s Pending Home Sales Index, a forward-looking indicator based on contract signings, moved 0.5 percent higher to a reading of 110.1 last month, 0.5 percent higher than a year ago. “Another month […]

Best Cities To Avoid Traffic In
Posted Tuesday January 9, 2018 in Real Estate

Don’t want to waste your life away with tedious and traffic-filled commutes? Then Eugene, Oregon, is the place to be. With a mere 19-minute average morning drive-time, it’s the nation’s single-best metro for commuters. Cut back on the commute According to a list by Realtor.com, Eugene is the No. 1 metro area for commuters. The […]

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