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 […]

The post Case-Shiller: Home Prices Continue Upward Trend appeared first on RISMedia.

Case-Shiller: Housing Market Pressured by Prices

Affordability is beginning to drag on housing, and there is little price relief in sight, according to the latest S&P CoreLogic/Case-Shiller Indices, which found May prices rising steadily, at 6.4 percent year-over-year. “Not only are prices rising consistently; they are doing so across the country,” says David M. Blitzer, chairman and managing director of the […]

The post Case-Shiller: Housing Market Pressured by Prices appeared first on RISMedia.

Home price growth remains high but steady at 6.4%

The good news for buyers: The rate at which home prices are rising, year-over-year and month-over-month, seems to have largely stabilized, for now. The bad news: Homes are not getting any cheaper anytime soon.

San Jose has the highest share of $1M homes: LendingTree report

In the 1800s, pioneers battled over nuggets of gold hidden in California’s hills and mountainsides. Now, Californians are battling over something just as valuable — homes.

Case-Shiller: Home Prices Stack Up

April home prices stacked up, 6.4 percent year-over-year, according to the S&P CoreLogic/Case-Shiller Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite, which is an average of 10 metros (Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and Washington, D.C.), rose 6.2 percent year-over-year, a […]

The post Case-Shiller: Home Prices Stack Up appeared first on RISMedia.

Where are Californians moving in search of lower prices?

Buyers in the Golden State are placing their bets on Las Vegas as they search for a cheaper cost of living and more affordable home prices, according to Trulia’s latest study.

Home Prices: Boom Continues, but Leveling Out Needed

The boom is continuing for home prices, with a gain in March of 6.5 percent, according to the S&P CoreLogic/Case-Shiller Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite, which is an average of 10 metros (Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and […]

The post Home Prices: Boom Continues, but Leveling Out Needed appeared first on RISMedia.

Existing-home sales drop 1.4%, the second straight month of declines

Existing-home sales decreased 2.5 percent to a seasonally adjusted annual rate (SAAR) of 5.46 million in April — down from 5.60 million in March, the National Association of Realtors (NAR) reported today.

Appreciation at Quicker Pace, Up 5.7 Percent

Appreciation grew quicker in the first quarter of 2018, up 5.7 percent year-over-year, according to the latest quarterly report by the National Association of REALTORS® (NAR). “The worsening inventory crunch through the first three months of the year inflicted even more upward pressure on home prices in a majority of markets,” says Lawrence Yun, chief […]

The post Appreciation at Quicker Pace, Up 5.7 Percent appeared first on RISMedia.

5 best cities for first-time homebuyers looking to save

In the current housing market, first-time homebuyers often get the short end of the stick — they’re more likely to be on the hunt for lower-priced starter homes, which have already been snatched up for use as single-family rentals or are occupied by homeowners unwilling to enter a volatile housing market.