Existing-Home Sales Flounder in August

Existing-home sales floundered in August, posting higher than one year prior but lower than in July, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.35 million, a 1.7 percent decrease from July but a 0.2 percent increase from one year prior. Inventory decreased 2.1 percent to 1.88 million, 6.5 percent below one year […]

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Revealed: 100 Best Places to Live in America

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: What You Need to Earn to Live in the Cheapest and Priciest Metros 4 Real Estate Deal-Breakers and How to Avoid Them Live in a Loud Area? Here’s How to Reduce Sound Inside Your Home Ever wondered […]

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College Debt Is Postponing Homeownership—but by How Long?

College debt is having a compounding effect on how millennials perceive and plan for homeownership. Eighty-three percent of millennials in a recently released report by the National Association of REALTORS® (NAR) say they are delaying their home-buying plans by a median seven years as a result of their student loan debt. Twenty percent of the […]

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Mortgage Rates Show Little Movement

Mortgage rates showed little movement this week, with the 30-year, fixed rate averaging 3.78 percent, unchanged from the week prior, according to the recently released Freddie Mac Primary Mortgage Market Survey® (PMMS®). The 15-year, fixed rate averaged 3.08 percent, also unchanged from the week prior, while the 5-year, Treasury-indexed hybrid adjustable rate averaged 3.13 percent, […]

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Demand for House Rentals Intensifies

Apartment rents are appreciating less than house rents, thanks to shifting demand for single-family rentals, according to a recent analysis by Zillow. Apartment rents nationally increased a median 0.5 percent, to $1,551, year-over-year—relatively flat—while house rents increased 1.3 percent to $1,404. Several colliding factors are driving the trend, says Dr. Svenja Gudell, chief economist at […]

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Appraisers Again Burst Homeowner Expectations

Appraisers again burst homeowner expectations in August, arriving at values 1.35 percent lower than what homeowners 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 2.64 percent year-over-year. A summary of the HPPI: A home’s value, or its […]

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Confidence in Housing Doubles Back Toward All-Time High

Confidence in housing doubled back in August toward the all-time high in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with home sellers’ optimism rebounding from July. The HPSI overall posted 88.0 in August, 1.2 percentage points higher than the month prior and moving toward the Index’s record high, reached for the second time in […]

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Confidence in Housing Doubles Back Toward All-Time High

Confidence in housing doubled back in August toward the all-time high in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with home sellers’ optimism rebounding from July. The HPSI overall posted 88.0 in August, 1.2 percentage points higher than the month prior and moving toward the Index’s record high, reached for the second time in […]

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Foreign Buyers Snap Up U.S. Real Estate in Unprecedented Surge

Foreign investments in U.S. real estate have surged nearly 50 percent as of late, according to the 2017 Profile of International Activity in U.S. Residential Real Estate from the National Association of REALTORS® (NAR). The report shows that between April 2016 and March 2017, foreign buyers and recent immigrants purchased over $150 billion in residential […]

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Foreign Buyers Snap Up U.S. Real Estate in Unprecedented Surge

Foreign investments in U.S. real estate have surged nearly 50 percent as of late, according to the 2017 Profile of International Activity in U.S. Residential Real Estate from the National Association of REALTORS® (NAR). The report shows that between April 2016 and March 2017, foreign buyers and recent immigrants purchased over $150 billion in residential […]

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