Most buyers would blow their budget for the perfect home
A whopping 64% of prospective homebuyers said they'd spend more than originally planned for the perfect home, according to a survey by LendingTree
by Lillian Dickerson Aug 27
July pending home sales rise 5.9%
The increase sent the Pending Home Sales Index sailing to 122.1, marking the third month in a row of sales growth, according to the National Association of Realtors
by Lillian Dickerson Aug 27
Zombie foreclosures see modest increase in third quarter
Although the total number of properties in foreclosure is down 16% from the previous quarter, zombie foreclosures increased from 3% to 3.7% of all properties, according to Attom Data Solutions
by Lillian Dickerson Aug 26
Hurricane Laura poised to wreak billions in property damage
Damage incurred as a result of Hurricane Laura's surge is poised to impact at least 431,810 residences with over $88.6 billion in reconstruction costs across Texas and Louisiana
by Lillian Dickerson Aug 26
Coldwell Banker CEO: Consumers have 'freedom' in housing market
The freedom to expand search areas is giving buyers a variety of options — even in a tight inventory market, Coldwell Banker CEO Ryan Gorman said on CNBC
by Patrick Kearns Aug 26
Home price growth continues surge
US home prices rose by 4.3% year over year in June, according to new data released Tuesday
by Lillian Dickerson Aug 25
New single-family home sales show housing had 'blockbuster month'
New single-family home sales climbed 36.3% year over year, according to data released by the US Census Bureau and the Department of Housing and Urban Development
by Patrick Kearns Aug 25
This is the only city where home prices declined in Q2
Home prices in the United States were up 5.4% year over year in the second quarter, according to Federal Housing Finance Agency
by Patrick Kearns Aug 25
Making sense of the headlines: A look at household debt
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner takes a deep dive into the latest data on household debt and credit and what it might mean for post-COVID economic recovery
by Matthew Gardner Aug 25
It became more difficult to buy a house in these cities in June
First American's 'real house price index' surged in certain cities as the median income plummeted while home prices rose
by Patrick Kearns Aug 24
Developer confidence in multifamily housing rises, but remains relatively low
Multifamily vacancies also rose during the second quarter of the year, though the National Association of Home Builders characterized the industry as experiencing a recovery
by Jim Dalrymple II Aug 21
Existing home sales skyrocket amid pandemic, inventory down
July also marked the first time ever that the median home price across the entire U.S. rose above $300,000, according to NAR's data
by Jim Dalrymple II Aug 21
It's a seller's market all right, and home value growth is accelerating
During July, the typical home value was up 4.5% year over year to $253,527, the fastest value rate increase since May 2019
by Lillian Dickerson Aug 21
How COVID-19 has altered LA's luxury market — maybe for good
David Parnes, the star of 'Million Dollar Listing' Los Angeles, talks to Inman about the luxury landscape and how the pandemic has changed the market
VA loan activity swells during coronavirus pandemic
New data from the Department of Veterans Affairs provides further evidence that the pandemic has not slowed down demand for real estate or real estate financing
by Jim Dalrymple II Aug 20
Mortgage rates, still historically low, begin ticking upward
Low rates have helped fuel an extraordinarily active summer for real estate. Although they remain historically low, a gradual trend upward could be less than stellar news for consumers
by Jim Dalrymple II Aug 20