Builder Confidence Going Strong

Home builder confidence in the new, single-family construction market is going strong, despite dialing back in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for January was 72, just two points under a spike in December. An above-50 reading indicates more builders have a positive outlook than […]

The post Builder Confidence Going Strong appeared first on RISMedia.

Housing Starts Trip Up

But Could ‘Easily’ Exceed 1.3 Million This Year Home-building activity stumbled in December, with housing starts down 8.2 percent to a rate of 1,192,000, according to the latest data from U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 11.8 percent to 836,000. Starts for units in buildings […]

The post Housing Starts Trip Up appeared first on RISMedia.

Housing and Tax Reform: Where Could the Impact Land?

Homebuyers and homeowners are anticipating fallout from the Tax Cuts and Jobs Act, which has changed homeownership incentives, including the deductions for mortgage interest and state and local taxes. How deep the effect is hinges on location, according to new research. With the bill’s new provisions, the mortgage interest deduction (MID) is applicable to loans […]

The post Housing and Tax Reform: Where Could the Impact Land? appeared first on RISMedia.

Survey Results: What Keeps Brokers Up at Night?

As we begin a new year, what are the most pressing issues on the minds of the nation’s real estate brokers? What are they most looking forward to in the year ahead? What strategies do they have in place to address inventory issues, technology adoption, agent retention or to ensure their continued profitability? Better Homes […]

The post Survey Results: What Keeps Brokers Up at Night? appeared first on RISMedia.

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 […]

The post Buying Is Better Financially in More Than Half of Markets: Report appeared first on RISMedia.

California Real Estate Professional Among Mudslide Victims

A Southern California real estate professional perished tragically in the mudslides last week, one of more than 15 victims of the latest catastrophe to strike the state. Rebecca Riskin, of Riskin Partners in Montecito—known as the “first lady of luxury real estate”—was killed as a result of the ensuing flood and mudslides in the Thomas […]

The post California Real Estate Professional Among Mudslide Victims appeared first on RISMedia.

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 […]

The post Confidence in Housing Subdued at Year-End appeared first on RISMedia.

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 […]

The post In 2017, Multiple Offers Scored Sellers Thousands appeared first on RISMedia.

The Hottest Housing Markets This Year

Accelerating home prices. Expanding income and jobs. New residents. In 2018, the hottest housing markets will boast a combination of these factors, according to Zillow, which recently released its predictions for the year. The markets in Zillow’s top 10: San Jose, Calif. Raleigh, N.C. Seattle, Wash. Charlotte, N.C. San Francisco, Calif. Austin, Texas Denver, Colo. […]

The post The Hottest Housing Markets This Year appeared first on RISMedia.

Again, U.S. at No. 1 for Foreign Investors in Real Estate

Foreign investors in real estate assign high importance to the potential for wealth and security—and according to new research, the U.S. is expected to offer both more than any other country in 2018. The U.S. was named the No. 1 nation for foreign investment in real estate in the annual survey by the Association of […]

The post Again, U.S. at No. 1 for Foreign Investors in Real Estate appeared first on RISMedia.