Strong jobs report offers glimmer of hope for inventory relief

Although the inventory shortage has continued to rage on, the Employment Situation Summary for December 2017 from the U.S Bureau of Labor Statistics (BLS) shows there could be some relief on the way …

What happened to the luxury market in 2017?

Although inventory at the luxury level has remained robust in the midst of a shortage at the mid- and lower- priced tiers, realtor.com says that didn’t translate into extra sales during 2017. In fact, the average luxury property stayed on the market for 116 days — a 5.3 percent year-over-year increase from …

What happened to the luxury market in 2017?

Although inventory at the luxury level has remained robust in the midst of a shortage at the mid- and lower- priced tiers, realtor.com says that didn’t translate into extra sales during 2017. In fact, the average luxury property stayed on the market for 116 days — a 5.3 percent year-over-year increase from …

A month in review: The November 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…

Home prices climb 7% in months-long surge

CoreLogic today released its Home Price Index (HPI) and HPI Forecast data for November 2017, which boasted 7 percent year-over-year growth. November is the fourth consecutive month with year-over-year increases measuring more than 6 percent. Gains were…

8 predictions for 2018 that could impact your market

Will inventory remain low? Will tax reform redefine where people choose to live? Will it make more sense to rent or own? How does the market move forward from so many natural disasters …

Big leap in new home sales for November

November panned out to be a month of considerable progress for the housing market, and the latest U.S. Census Bureau new residential sales report is another point on the scoreboard …

Consumer optimism about the housing market dips in Q4

Low inventory, lack of access to affordable homes, and increased buyer competition are starting to wear on homeowners and renters, making them less optimistic about the housing market, economy and their personal finances as the year comes to a close …

Home values expected to rise 4.1% in 2018: Zillow

In 2017, home values on average went in only one direction: up — and there’s more growth yet to come …

Inventory uptick, slower price growth expected in 2018

2017 has been a tough year for buyers, but according to realtor.com’s 2018 predictions, help is finally on the way in the form of slower home price appreciation and 7-percent growth in single-family housing starts …