Existing-Home Sales at Pace Not Seen Since Summer

Existing-home sales in October were at a pace not seen since summer, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.48 million, a 2.0 percent increase from September but a 0.9 percent decrease from one year prior. Inventory decreased 3.2 percent to 1.80 million, 10.4 percent below one year prior. “Job growth in […]

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Best and Worst Places for Millennial Home-Buying

Members of the millennial generation, especially first-time buyers, are already struggling to purchase a home due to student loan debt, trouble saving for a down payment and tight inventory—factors cited in the National Association of REALTORS® (NAR) 2017 Profile of Home Buyers and Sellers. According to GOBankingRates, slow wage growth and low unemployment rates across […]

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2018 Forecast: Affordable Homes in the Suburbs

In 2018, anticipate home-building will shift to the suburbs, according to a forecast recently released by Zillow. Cheaper construction costs, coupled with demand for entry-level homes, is expected to lead to increased inventory in the suburbs. “We’re on the other side of the housing recovery, and the real estate market looks quite different than it […]

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House Hunters Get in the Black Friday Mentality With Holiday Home-Buying

The holiday season is here, and with it the mass amounts of consumer shopping tied to gift-giving, or just personal spending at a discounted price. While terms like Black Friday and Cyber Monday are synonymous with post-Thanksgiving consumer spending sparked by widespread sales, real estate shoppers are no strangers to home-buying during the holiday season, […]

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Home-Buying Challenges: Report Finds Homeownership Delays

Homeownership is considered a challenging stepping stone on the path to the American Dream—a fact that is especially true for many millennial and minority consumers. The fifth annual America at Home survey by non-profit NeighborWorks America found that down payment confusion, credit score misinformation and student loan debt are the major obstacles standing in the […]

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Facebook Shops Around for Its Next Business Endeavor: Rental Listings

Once touted as the most popular and innovative internet community of its time, Facebook is now pushing to compete with trendy social media platforms like Instagram and Snapchat. As part of its rebranding efforts to become an all-in-one service, Facebook recently added payment capabilities to its messaging service, along with various filters to its camera […]

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Appraisals Better Match Owner Perceptions

Appraisals better matched owner perceptions in October, coming in only 0.99 percent lower than expected, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 4.76 percent year-over-year. A summary of the HPPI: Owner’s estimates of their home’s value rose […]

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New Study: Where Self-Directed Real Estate Investors Are Buying Property

Perhaps the biggest advantage self-directed IRAs offer is the ability to invest in what you know. For many Entrust clients, that means real estate. More Entrust clients invest in real estate than in any other asset. Their reasons for investing in real estate include the desire to diversify their investment portfolios; benefit from long-term, tax-advantaged […]

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Appealing to Investors: ‘Emerging’ Markets Show Strength

Housing markets in the three largest metropolitan areas—Chicago, Los Angeles and New York—have always attracted capital, eagerly handed over by investors recognizing profit potential, safety and security. Now, according to new research, other major metro areas are diverting the flow, drawing increased investment in real estate. The common denominator? Economies flourishing with jobs and skilled […]

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Don’t Wait: Buying Will Cost More in Just One Year

Are you on the fence about owning a home? It may be better to buy now than wait. The nation’s median home value is expected to grow by $6,275 to $208,975 just one year from today, according to Zillow, adding on to the already considerable funds homebuyers need now to own a home. The average […]

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