Homes in Major Markets Realize Thousands in One Year

Homes in major markets have realized over $10,000 in the last year in value, according to the October Zillow® Real Estate Market Report. In fact, the median nationally has risen over $12,500. Appreciation is highest in the San Jose, Calif., metropolitan area, where prices have soared $118,200, or 12.3 percent, to a median $1,076,400. Nationally, […]

The post Homes in Major Markets Realize Thousands in One Year appeared first on RISMedia.

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 […]

The post Home Prices Rapidly Rise: Is History Repeating Itself? appeared first on RISMedia.

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 […]

The post Don’t Wait: Buying Will Cost More in Just One Year appeared first on RISMedia.

Home Prices Keep Rolling, up 5.3 Percent in Q3

Home prices keep rolling, up 5.3 percent in third quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). “The stock market’s climb to new record highs, the continued stretch of outstanding job growth and mortgage rates under 4 percent kept homebuyer demand at a very robust level throughout […]

The post Home Prices Keep Rolling, up 5.3 Percent in Q3 appeared first on RISMedia.

A month in review: The September housing market

Every month, economists release a number of indices, reports and analyses of the housing market, and it can be difficult to keep up with them all. Thankfully, the National Association of Realtors (NAR) recapped the month in its new Housing Minute month…

Double-Digit Growth in the Wild West: Is a Bubble Next?

Demand is forcing home prices out West to keep ticking up, even though the home-buying and -selling season is winding down, according to the September Zillow® Real Estate Market Report. Appreciation is highest in the San Jose, Calif., and Seattle, Wash., metropolitan areas, where prices have rocketed (in order) 10.3 percent, to a median $455,800, […]

The post Double-Digit Growth in the Wild West: Is a Bubble Next? appeared first on RISMedia.

San Francisco: The Sweet Spot for Trick-or-Treaters

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: Jeff Bezos May Seek HQ2 Close to Home Home Haunted? No Problem, New Survey Shows Answering the Call: HomeSmart CEO Pilots Irma Rescue Mission The annual Trick-or-Treat Index from Zillow puts San Francisco in the sweet spot: No. 1 […]

The post San Francisco: The Sweet Spot for Trick-or-Treaters appeared first on RISMedia.

Surprise, surprise: California is the most expensive place to buy a home

Homes along the United States’ most popular coasts are known for their beautiful waterfront views, salty breezes and — you guessed it — sky-high prices. So it comes as no surprise that the five most expensive states for homeowners happen to be right …

Entry-Level Housing Recovery Unsteady

Entry-level homes came in last in the recession, hit hard by sinking values—and now, they are the last to recover, according to the August Zillow® Real Estate Market Reports. Starter homes in 24 of the 35 largest metropolitan areas, or roughly 69 percent, are struggling to regain value, even with the national median value up […]

The post Entry-Level Housing Recovery Unsteady appeared first on RISMedia.

Home Sellers Are Making Bank in Today’s Market

Home sellers are making bank in today’s market, realizing a 24.1 percent, or $39,900, gain in 2016, according to a recent analysis by Zillow. Sellers on the West Coast—where home prices have rocketed since the recession—saw higher returns, with those in Oakland, Calif., taking home the most at 78 percent, or $235,000. Duration is key. […]

The post Home Sellers Are Making Bank in Today’s Market appeared first on RISMedia.