US Real Estate, Zillow

Zillow says home prices to rebound in 2021

By Mike Wheatley | May 12, 2020
Buyer demand and healthy housing-market dynamics will prevent U.S. home prices from dropping more than 2-3% - or more than 1.7% year over year - in the wake of the coronavirus, according to a forecast released by Zillow last week. The forecast says home sales will fall as much as 60% this spring and take […]
US Real Estate

Freddie Mac says the U.S. needs at least 3.3 million more homes

By Mike Wheatley | March 6, 2020
Home buyers are struggling to find an ideal property to buy due to a shortage of inventory across the nation, and things will likely get worse before they improve, according to a new study by Freddie Mac. Freddie Mac’s study reveals that there is a shortage of 3.3 million homes in the U.S. It puts […]
Home Sales, US Real Estate

Why the next recession won't bring down home prices

By Mike Wheatley | February 15, 2020
The resilience of the housing market is such that it will likely survive the next recession without home prices taking a substantial hit, according to a new report from title insurance firm First American Financial Services. “While the housing crisis is still fresh on the minds of many, and was the catalyst of the Great […]
Home Buying

National median incomes fail to keep pace with home values

By Mike Wheatley | December 24, 2019
Housing affordability fell in October despite mortgage rates being at a historical low, according to the latest National Association of Realtors’ Housing Affordability Index. However, the NAR said that housing affordability conditions have nonetheless improved from a year ago. The issue is that home prices are rising faster than incomes, leading to houses becoming less […]
Home Buying, US Real Estate

Home prices grow and affordability drops in Q2

By Mike Wheatley | August 9, 2019
Home values saw more gains in 91% of 178 U.S. metro areas during the second quarter, according to a new report from the National Association of Realtors published Wednesday. The data shows that the national median price for a single-family home came to $279,000 in Q2, up 4.3% from a year before. Nine-three of the […]
Press Release, US Real Estate

Thursday is the Best Day to List Your Home, Says Redfin

By Press Release | March 28, 2019
Homes listed on Thursday tend to sell for more money and in less time than homes listed on other days of the week, according to a report from Redfin, (www.redfin.com), the technology-powered real estate brokerage. Homes listed on Thursday sold for an average of $3,015 more than homes listed on Monday (the worst day to sell, by […]
Mortgage, US Real Estate

Homeowners saw big equity gains in 2018

By Mike Wheatley | March 12, 2019
Homeowners saw yet another increase in home equity in the fourth quarter of 2018, with rising home prices helping to boost their profits. According to CoreLogic’s latest Home Equity Report published last week, U.S. homeowners with a mortgage saw equity gains of 8.1 percent year over year. The average homeowner saw gains of $9,000 in […]
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