Fast Facts: House-Hunting With Kids in Tow

Buyers with children have different needs than those without. According to the National Association of REALTORS® (NAR) 2018 Moving with Kids Report (part of NAR’s Profile of Home Buyers and Sellers): Buyers with children prioritize schools—unsurprisingly. Fifty percent of buyers with children say the district in their locale matters, compared to 11 percent without children. […]

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Affordability Aside, Housing Optimism Picks Up

The confidence consumers have in housing is picking up steam—but not because of the market outright, according to the August Fannie Mae Home Purchase Sentiment Index® (HPSI). At 88, the gauge grew 1.5 percentage points month-over-month; however, the confidence consumers have is on par with the prior year, and they are more keen on macro […]

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CoreLogic: July Prices up 6.2 Percent

Home prices are still on a tear, but growing less significantly than in 2017, according to CoreLogic’s latest Home Price Index (HPI™) report. In July—around the height of one of history’s hottest housing markets—prices rose 6.2 percent year-over-year, the report shows. “With increased interest rates and home prices, the CoreLogic Home Price Index is rising […]

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Beware Location Remorse: Over a Third Have ‘Neighborhood Regret’

You can change a house—location is tougher. According to new research by Trulia, 36 percent of Americans have “neighborhood regret,” or would have moved to another neighborhood than the one they reside in today. The feeling is heightened in metros, where 46 percent are dissatisfied with their pick, but less pronounced in rural areas (31 […]

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Cost of Homeownership Increases 3 Times the Price of Renting

With affordability draining quickly, the gap is growing between the amount of buyers with a desire to purchase, and the amount of buyers who actually can. According to an analysis newly released by realtor.com®, the cost of homeownership has increased more than three times the price of renting today—and, areas in growing numbers are unaffordable. […]

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$1 Buys the Most Space In…

Every housing market is unique—in one area, your budget can equal lots of space, and in another, it can mean no spare square footage. Nationwide, the ratio has shrunk, according to an analysis newly released by Zillow. Twenty years ago, $1 bought 2.09 square inches; in 2008, it bought 1.23 square inches. Today, $1 buys […]

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Pending Home Sales Stumble as Housing Market Momentum Wanes

Pending home sales stepped back in July and have now fallen on an annual basis for seven straight months, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, decreased 0.7 percent to 106.2 in July from 107.0 in June. With last month’s decline, contract signings […]

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Case-Shiller: Home Prices Continue Upward Trend

U.S. home prices continue to surge according to the latest S&P CoreLogic/Case-Shiller Indices, which found June prices on an upward trend (at 6.2 percent year-over-year), inciting affordability concerns. “Home prices continue to rise across the U.S.” said David M. Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones Indices. “However, even […]

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The Headline-Making Markets Are Softening

In the expansion following the recession, the conversation in housing has lingered on markets like Denver, Portland and Seattle—places where prices have risen sharply, and demand is discouragingly mismatched with supply. Now, the hottest markets’ prices are slowing, according to recently released research. The July Zillow® Real Estate Market Report—based on the Zillow Home Value […]

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Housing in 2020: Construction Costs Grow, Mortgage Rates Slow

Where will housing be in 2020? According to the latest Metrostudy predictions, if all continues on its current track, construction costs could continue to increase, and mortgage rates could reel in. While rates have increased in the last six months, impacting affordability, the rise is not significant according to historical trends, says Mark Bound, chief […]

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