Experts: Expect a Downturn, but Not Because of Housing

Housing experts questioned in Zillow’s latest Home Price Expectations Survey are anticipating another downturn in the next three years, but one set off by a “geopolitical crisis,” not the real estate market. There is a 73 percent chance a recession will happen by 2020, according to the quarterly survey, and of the more than 100 […]

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Housing Barrels Forward in First Half of Year, Leaving Permits Behind

Housing barreled forward from the first quarter to the second quarter of 2017, with gains recorded in roughly 300 markets measured in the latest National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI). Markets overall are at an average 102 percent of normal activity, with “normal” tied to activity recorded from 2000 to […]

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July Jobs Report Signals Riper Conditions for Housing

The U.S. economy added 209,000 jobs in July, the Labor Department recently reported, flouting expectations and signaling riper conditions for the housing market. The unemployment rate retreated to 4.3 percent, a low, and hourly wages on average went up 0.3 percent to $26.36. “[July’s] strong jobs report showed some good news,” says Danielle Hale, chief […]

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For Chinese Real Estate Investors, U.S. Is Tops

The U.S. housing market is a draw for foreign real estate investors, who continue to express assurance in either becoming or remaining active in U.S. real estate. One of the most considerable countries of origin is China, where, according to a new report by Juwai.com, investors are slated to pour $80 billion into international real […]

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March Data: Spring On the High Prices, Low Inventory

The housing market’s high/low dynamic continued uninterrupted at the start of the spring homebuying season, with home prices hitting another record high and inventory still low in March, according to a data preview from realtor.com®. The median list price in March will push past $250,000—where it has hovered since May 2016—to $260,000, while new listings […]

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Rising Rents Offer More Home-Buying Opportunities

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ at blog.rismedia.com: Maintaining a Healthy Budget: How to Find a House That Meets Your Needs and Price Range 12 Smart Home Gadgets That Make Great Housewarming Gifts Surprise! The 10 Best Cities to Sell a House As rising rents sweep the […]

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Spring Outlook: How Inflation Could Impact Housing

Indicators from all sides affect the housing market. Increasing inflation, in fact, can drive up mortgage rates—but at what pace will it prove harmful? A recent Outlook from Freddie Mac projects three outcomes for inflation—higher, lower, or stable—and each outcome’s effect on housing. A case of higher inflation would be detrimental to the housing market, […]

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Existing-Home Sales Begin 2017 with a Bang

Existing-home sales began 2017 with a bang, growing 3.3 percent and hitting a 10-year high in January, according to the National Association of REALTORS® (NAR). With the exception of the Midwest, every region saw gains, with total sales reaching 5.69 million—the fastest pace since February 2007. “Much of the country saw robust sales activity last […]

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Priced Out: Gender Pay Gap Spills over to Housing

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now on blog.rismedia.com: 4 Tips for Organizing Your Home Maintenance Routine Exploring America’s Neighborhoods: Mission District, San Francisco Switzerland’s Most Expensive Residential Addresses Single homebuyers have a tougher time than most affording a house—and a new report shows single women […]

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Policy Unknowns Curb Housing Growth Expectations

All-out growth in the housing market this year is hinging on the Trump Administration’s policies, with the Fannie Mae Economic & Strategic Research Group expecting standstill wages to cripple affordability unless incomes improve. “We expect the housing expansion to continue, albeit at a more moderate pace than last year given continued pressure on affordability,” says […]

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