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Lack of Confidence in Real Estate Market Keeping Americans on the Sidelines
While many would-be homebuyers agree that the American dream of owning one’s home is still a viable goal, a growing number of people hesitate to take the first step out of fear of losing their d...
20 Hottest Housing markets right now
October has historically proven to be a slow month in real estate, and last month held true to this tradition. However, despite the natural slowness of the market, some cities performed exceptionally ...
September 2015 Homes Sales & Price Report
As fall has arrived, California home sales have slowed, but this is usual for the off-season. In September, sales across the state were still above 400,000, and the median home price was approximately...
Home Purchase Applications set for Healthy 2016
With the housing market now almost fully recovered, more people than ever are applying for new mortgages. Mortgage origination numbers have increased by 10 percent in the last year. In 2014, purchase ...
What do Pending Homes Sales Really Forecast?
When looking at all the indicators in the real estate market, realtors make some typical conclusions. Traditionally, they look at the pending home sales in any one month and believe that the actual pu...
East and West U.S. Divided on Home Prices
Because of a split between states east of the Mississippi River and those west of the river, indicators for the U.S. home market seem to be all over the board. From June to July, cities in the East, i...
Out-of-Control Rents Make Home Ownership Even More Attractive
A great many Americans have chosen to rent their primary residence rather than purchasing a home. Renting has traditionally been a choice that allowed you to obtain a residence while remaining free fr...
Will August’s Home Sales Decrease Take a Toll on Prices?
According to the National Association of Realtors, the Pending Home Sales Index revealed the month of August saw a small dip in its numbers. Despite the fall, the results were stronger than this point...
Modest Real Estate Gains are Still Good News
It has been a hot summer for real estate in California with home sales higher than they were a year ago. Although sales in August decreased by 3.8 percent from July, the numbers were still up by 9.3 p...
Home Equity in the United States is Up
A recent study completed by Black Knight Financial Services confirms that available home equity in the United States has jumped by an estimated $1 trillion during the last year. This is the highest it...
Economists Report That Federal Rate Hike Won’t Harm Housing Market
The housing market is enjoying a wonderful period of recovery, and much of that has been due to the lower interest rates that have encouraged people to make the decision to purchase a home. With the F...
Luxury Real Estate 101: High Net Worths ‘Bagging” World’s Most Exclusive Villa Retreats
Most people dream about buying luxury getaways but do not have the funds. Even though prices range between $1 million and $10 million, it is always fun to examine some of the world’s most unique...
Delinquent Mortgages at Lowest Level Since 2007
According to the latest National Delinquency Survey from the Mortgage Bankers Association (MBA), delinquent residential mortgages are at their lowest rate since the second quarter of 2007. This marks ...
Flipping is flopping, says RealtyTrac
According to RealtyTrac data, flipping homes has been on a nearly continuous decline since its peak in 2006. This is attributed to a variety of factors, including a reduction in the number of foreclos...
3.8M Homes Stand Vacant
Unbelievably, a number of homes are being held from a real estate market that is seeing constrained inventories. Approximately 3.8 million vacant homes need repairs or are bank-owned. These “zom...
How to Buy Your Own Island
Escaping to your own private island is easier than you think. The world is filled with small pieces of paradise that cost under $100,000. Considering this is much cheaper than owning a home in a major...
Market Imbalance Drives Home Prices Up
The good news is out! The National Association of Realtors (NAR) just released that existing home sales in the month of June are at a record high. On top of that, the median prices for existing homes ...
Hot Markets in June 2015
As the summer sun sweeps through the United States, the real estate market continues to enjoy a heatwave as well. Realtor.com has analyzed its June 2015 data and explained the trends suggest good news...
Higher home loan rates are likely as Fed rate hike looms
The Chairwoman of the Federal Reserve, Janet L. Yellen, has stated that the planned increase in interest rates would be done very slowly, with the first expected to be just a 0.25 percentage point inc...
The Facebook Effect (on real estate prices)
Facebook is worth $220 billion and counting. It comes as no surprise that when the company takes over a chunk of Menlo Park to build its state-of-the art campus, the city sees a seismic change in the ...