How high will homebuyers go?

While some might have expected the record-breaking home price growth and historically low inventory levels seen in 2017 to push buyers away, buyer demand remained strong, and those who had the extra cash to be competitive in a seller’s market showed up in full force — something that is evidenced in Zillow’s latest home sales analysis …

Here are the hottest housing markets of 2018 according to Zillow

Bolstered by strong home values and low unemployment rates, San Jose in the heart of Silicon Valley and Raleigh, North Carolina, another emerging tech hub, topped Zillow’s survey of the top 10 hottest housing markets of 2018. But nearly all the markets were home to thriving tech businesses …

Seattle neighborhoods dominate Redfin’s most competitive housing in 2017

The most competitive neighborhoods for housing on Redfin’s platform in 2017 were right outside the Seattle-based web brokerage’s door …

Home prices up 7%: is a bubble looming?

Of the country’s 50 largest metropolitan markets, 50 percent are overvalued, according to new figures by data firm CoreLogic …

Rising rents are making it harder to save for a home

It’s getting harder for younger generations of renters to save to buy their own home, with rising rents gobbling up more and more of their income.  Meanwhile, homeowners are finding their monthly mortgage payments are coming down …

Seattle rises as NYC and LA fall in real estate markets to watch

NYC, Los Angeles, Chicago, Houston and Phoenix all dropped precipitously, with Manhattan plummeting from 13 to 46 in PwC’s ‘Emerging Trends in Real Estate.’ …

What are the top 10 cities for millennial homebuyers?

Millennials are saddling up and moving to the South and West, according to realtor.com. “High job growth in markets such as Orlando, Seattl, and Miami, and the power of affordability in places like Albany and Buffalo are making these markets magnets for millennials,” said Javier Vivas, manager of economic research for realtor.com. …

What are the top 10 cities for millennial homebuyers?

Millennials are saddling up and moving to the South and West, according to realtor.com. “High job growth in markets such as Orlando, Seattl, and Miami, and the power of affordability in places like Albany and Buffalo are making these markets magnets for millennials,” said Javier Vivas, manager of economic research for realtor.com. …

Is the Bubble Out West about to Burst?

Home prices in San Jose, Calif.—one of the nation’s leading markets since the bust—posted negative 0.3 percent last quarter, marking the area’s first foray into the red in five years with currently the lowest quarterly growth rate in the country, according to Clear Capital’s recent Home Data Index (HDI) Market Report. With the San Jose […]

The post Is the Bubble Out West about to Burst? appeared first on RISMedia.

Rent hikes starting to slow around US, but West Coast hotspots still top the list

With recent migrations to tech centers like San Jose, Portland, Seattle and San Francisco comes the severe impact of housing demand and supply. Rent in these hot markets, among others, has exploded over the past five years as more millennial techies se…