New Home Sales Jumped 6.2% in October
After increasing a healthy 8.9% the previous month, new home sales in October reached an annual rate of about 685,000, an increase of 6.2%...
Housing Starts Took Nice Jump in October
Housing starts in October were at a seasonally adjusted annual rate of 1.29 million, an increase of 13.7% compared with a revised 1.135 million...
Houses Passes Republican-Backed Tax Plan That Slashes Mortgage Interest Deduction
The House of Representatives on Thursday approved the Tax Cuts and Jobs Act, a Republican tax reform package that some housing trade groups warn could...
ShelterZoom Launches Real Estate Offer Platform Powered by Blockchain
Privately held technology startup ShelterZoom recently launched a new, blockchain-based real estate online offer platform, appropriately named ShelterZoom.
The firm claims that this new platform,...
ATTOM: GOP Tax Plan Will Mostly Impact Luxury Housing Market
The luxury real estate market will be most impacted by the Republican tax proposal unveiled last week, according to a recent analysis from ATTOM...
Experts: Home Builders Starting to Bring Smaller Homes, Townhouses into Inventory
For more than two years economists and industry experts focused on the housing market have decried a lack of available inventory as the main...
Black Knight: Home Affordability Better Today Than in the Late 90s
U.S. homes are, on average, more affordable today than they were during the late 1990s and early 2000s, according to a report from Black...
ATTOM: 27.2 Percent of Home Sales in Q3 Were All-Cash
All-cash buyers accounted for 27.2% of single-family home and condo sales in the third quarter, down from 28.2% in the previous quarter but up...
CoreLogic: U.S. Home Prices Continued to Rise in September
U.S. home prices increased 0.9% in September compared with August and were up 7% compared with September 2016, according to CoreLogic’s home price index.
West...
Rising Interest Rates, Home Prices Boost Average Home Tenure to 8.19 Years
If you are looking for more evidence that rising interest rates and soaring home prices are keeping Americans “stuck” in their current homes, look...
Elements to Consider When Selecting a Real Estate Marketplace
BLOG VIEW: The continued growth in consumer-facing technology has paved the way for a better model of buying and selling real estate.
By leveraging online...
Average Home Price Up 10% Year Over Year in Q3
The average price for a single-family home in the third quarter reached $248,000, an increase of 10% compared with the third quarter of 2016,...
Jobs Report Falls Short of Expectations, Wages Failing to Keep Up
About 261,000 jobs were added to the U.S. economy in October and the unemployment rate edged down to 4.1%, according to estimates released by...
Black Knight: U.S. Home Prices Hit Another Peak in August
U.S. home prices hit another new peak in August, rising 0.24% compared with July and increasing 6.24% compared with August 2016, according to Black...
NAR: September Pending Home Sales Lowest Since January 2015
Pending home sales in September were flat compared with August but were down about 3.5% compared with September 2016, according to the National Association...
New Home Sales Hit Highest Rate Since October 2007
New home sales in September were at a seasonally adjusted annual rate of about 667,000, an increase of 8.9% compared with a revised rate...
NAR: Existing-Home Sales Inched Up in September, Despite Impact from Storms
U.S. existing-home sales in September were at a seasonally adjusted annual rate of about 5.39 million, up 0.7% compared with August and up 1.5%...
CoreLogic Now Validating its Home Price Index Forecast
For validation purposes, CoreLogic is now publicly comparing the forecasts in it home price index (HPI) report with the actual HPI increase.
For the 12-month...
Harvey and Irma Helped Erode September Housing Starts
Housing starts dipped 4.7% in September compared with August - in part due to the impact from hurricanes Harvey and Irma - but were...
MBA: Harvey, Irma, Took a Bite Out of Applications for New Home Financing
Due to the impact from hurricanes Harvey and Irma, applications for mortgages for new home purchases took a steep dive in September, falling 20%...