Buying Is Better Financially in More Than Half of Markets: Report

It is more affordable to buy a home than rent one in more than half of markets—but for how long remains uncertain, according to recently released research. In 54 percent of the over 400 counties analyzed by ATTOM Data Solutions, buying the median-priced home is more affordable than renting a three-bedroom one, according to ATTOM’s […]

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Confidence in Housing Subdued at Year-End

Confidence in housing was subdued in December in the Fannie Mae Home Purchase Sentiment Index® (HPSI), derived from Fannie Mae’s National Housing Survey® (NHS). The HPSI overall posted 85.8 in December, two percentage points lower than the month prior. “Consumers remained cautious in their housing outlook at the end of 2017, as tax reform discussions […]

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Infographic: How Recent Buyers Purchased Their Home

Demand and home prices are increasing, but that has yet to keep homebuyers out of the market. Here is how they did it:  For more information, please visit www.nar.realtor. For the latest real estate news and trends, bookmark RISMedia.com.

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In 2017, Multiple Offers Scored Sellers Thousands

Did you buy a home last year? Did you make an above-asking bid? Approximately 24 percent of for-sale homes in 2017 sold for higher than what they were listed for, according to an analysis recently released by Zillow. Five years ago, that figure was roughly 17 percent. The average gain for sellers? $7,000. “In the […]

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Millennials and the Silent Gen Agree: Walkability Wins

Millennials are not the only generation preferring proximity to restaurants and retail. Americans born between the mid-1920s up until 1945—the “Silent Generation”—are also on the lookout for walkability. Fifty-five percent of members of the Silent Generation recently surveyed by the National Association of REALTORS® (NAR) favor neighborhoods close for commuting and/or walkability—not far off from […]

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Confidence in Housing Makes Near-Record Return

Confidence in housing made a near-record return in November in the Fannie Mae Home Purchase Sentiment Index® (HPSI), derived from Fannie’s National Housing Survey® (NHS). The HPSI overall posted 87.8 in November, 2.6 percentage points higher than the month prior. The Index hit all-time highs in February of this year, and again in June and […]

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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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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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REALTORS® Conference & Expo Spotlight: Using Data to Understand Real Estate Trends

Rising home prices, affordability problems and a lack of education will affect many segments of the real estate industry, but none more than homebuyer and seller activity. The topic was discussed at this year’s REALTORS® Conference & Expo, alongside a breakdown of the National Association of REALTORS®’ (NAR) 2017 Profile of Home Buyers and Sellers. […]

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Confidence in Housing Slips as Year Winds Down

Confidence in housing slipped from an all-time high in October in the Fannie Mae Home Purchase Sentiment Index® (HPSI), thanks to less optimism from both homebuyers and sellers—a sentiment somewhat typical for this time of year. The HPSI overall posted 85.2 in October, 3.1 percentage points lower than the month prior. “The modest decrease in […]

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