More Markets & Economy News

Black Knight Financial Services released its May 2016 home price index data for Houston, based on summarized sales data -- here's how the metro measured up ...
Black Knight Financial Services released its May 2016 home price index data for Chicago, based on summarized sales data -- here's how the metro measured up ...
Black Knight Financial Services released its May 2016 home price index data for New York City, based on summarized sales data -- here's how the metro measured up ...
Chicago home prices increased 3.6 percent in June, as compared to last year, with a typical home selling for $285,000. The number of sales was down 6.2 percent, most likely because of a lack of options for potential homebuyers ...
DC
ZIP code profile: 20747
by Inman
The 20747 ZIP code comprises parts of the Maryland communities of District Heights and Forestville, about a 40 minute drive from Washington D.C. The small community is known for having an above-average crime rate, according to Neighborhood Scout, which says there are 22.1 annual crimes per 1,000 residents in the area ...
...
Last month Miami homes hit their highest prices since at least February 2010, when Redfin began tracking the numbers; the median sale price was $260,000, up 7.4 percent in June. Median sale prices in Miami have seen year-over-year increases every month since July ...
History tells us that the hottest real estate markets rarely last -- and when the heat rises for too long, the pressure eventually leads to a disastrous fallout. Although May 2016 represents the 49th consecutive month of positive price growth, over the past four months, year-over-year price gains have remained flat or declined, which could be a sign that the market is cooling and therefore stabilizing ...
Mortgage rates have been at rock-bottom for longer than anyone expected -- but are consumers taking advantage of the economic boon to buy a home? Specifically, a new home? The latest data from the U.S. Census Bureau and Department of Housing and Urban Development (HUD) indicate that new home sales sales are quite a bit stronger than last year, at least. Today's New Residential Sales report, recapping data from June 2016, shows that sales of new single-family homes were at a seasonally adjusted annual rate of 592, ...
SF
ZIP code profile: 94702
by Inman
The 94702 ZIP code comprises part of the city of Berkley, about a 15 minute drive from Oakland and 30 minutes from San Francisco. Known for being the home of the University of California, Berkley, the area is also popular for its vibrant, laid-back culture and proximity to both Oakland and San Francisco ...
LA
LA luxury home sales continue to climb
by Kimberly Manning
The luxury housing market in Southern California continues to venture forward in the second quarter of the year with modest annual gains. According to Sotheby's International Realty's Greater Los Angeles Market Report, overall luxury home sales increased 5 percent annually in the first half of ...
Mortgage rates plus all the latest real estate market news ...
CH
ZIP code profile: 53140
by Inman
The 53140 ZIP code comprises part of the city of Kenosha, Wisconsin, about an 80 minute drive from Chicago. The area sits on the coast of Lake Michigan in Kenosha County and is known as a bedroom community, with many of its residents working in Chicago or Milwaukee. ...
HS
Community spotlight: Alamo Heights
by Jennifer Riner
Alamo Heights, located in north central Bexar County, is an appealing area for homeowners seeking sense of community and a mounting real estate market. Both hilly and developed, Alamo Heights presents highly rated schools and a budding local business scene intertwined in the peaceful Texas landscape ...
Like the city’s summer temperatures, Chicago's suburban housing market continued to heat up in June with a rising median sales price and fewer days on the market overall, according to The Mainstreet Organization of Realtors' (MORe) report on the June market ...
CH
HS
LA
MI
DC
SF
NY
Housing demand isn't met in most large metros, Trulia says
by Kimberly Manning
Home prices continue to climb as homebuilding stalls in adding enough supply to the stock. But like most things in real estate, whether or not a city can add enough volume to meet the incoming demand depends on location, location, location ...
Washington D.C. home prices fell 2.3 percent in June from a year earlier—the third time prices have fallen in the past two years. The typical home sold for $550,000 as home sales made an impressive 18.6 percent leap since last year ...
San Francisco home prices rose 2 percent in June from a year earlier, to a median $1.25 million. Sales in the city fell 6.9 percent, the sixth year-over-year slowdown. ...
According to Black Knight Financial Services' most recent Home Price Index (HPI) report, home prices in May 2016 registered at $263,000, just 1.8 percent off the June 2006 peak of $267, ...
This week's San Francisco news relating to the real estate industry ...
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