2018 Forecast: Affordable Homes in the Suburbs

In 2018, anticipate home-building will shift to the suburbs, according to a forecast recently released by Zillow. Cheaper construction costs, coupled with demand for entry-level homes, is expected to lead to increased inventory in the suburbs. “We’re on the other side of the housing recovery, and the real estate market looks quite different than it […]

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Zillow’s 6 predictions for the 2018 housing market

If only we could stare into a crystal ball to see exactly what 2018 holds for the housing market. More inventory? Yes! Slower home price growth? Absolutely! Oprah giving everyone a free house? That would be a dream come true …

Potential sellers staying put to avoid homebuyer hell

Most real estate experts would agree that it’s a seller’s market — inventory is low and buyer demand is high, meaning that homeowners can garner higher sales prices than ever before. So, why aren’t homeowners selling their homes? They don’t want to na…

When is the housing market’s Black Friday?

On the day after Thanksgiving, buyers will be flocking to stores and online retailers to find the best deals of the year. But, according to Trulia, real estate’s Black Friday happened three months ago, when sellers are anxious to move their home off th…

Report: American Dream Incomplete Without Homeownership, Parties Say

In the country’s currently divisive environment, Democrats and Republicans agree on at least one American hallmark: homeownership. Approximately 65 percent of Democrats and roughly 68 percent of Republicans surveyed for the Zillow® Housing Aspirations Report believe the American Dream is not complete without homeownership. According to the report, both parties believe homeownership is ideal for […]

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Home Prices Rapidly Rise: Is History Repeating Itself?

‘Rapid Price Increases Will Not Last Forever’ The current growth in home prices is echoing the lead-up to the recession. Is history repeating itself? The answer is likely not, according to a recently released realtor.com® report. Building is lacking in many markets—one hallmark 10 years ago was over-construction—and credit standards are more stringent, says Danielle […]

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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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Home sales growth stunted by low inventory, high prices

The National Association of Realtors (NAR) released its latest Metropolitan Median Area Prices and Affordability report, which showed slowed sales growth in the face of skim inventory levels and hefty home prices …