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 […]
US Real Estate, Zillow

U.S. home values show strong, but slowing growth

By Mike Wheatley | August 19, 2019
U.S. home value growth continues to slow, according to Zillow's latest Real Estate Market Report. The rate of annual home value appreciation decreased for the seventh straight month in July. The typical U.S. home is worth $229,000, up 5.2% from a year ago – this is the smallest annual appreciation since October 2015. Last year […]
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 […]
Featured News, US Real Estate, Zillow

Study shows that recessions don't have much impact on home values

By Mike Wheatley | August 7, 2019
New research from Zillow shows that recessions typically don't have a negative impact on home values, contrary to what many experts have always said. Other than the housing-led Great Recession of the late 2000s, Zillow's analysis shows that home values have typically continued to grow through national and statewide recessions over the past quarter-century. The […]
Residential, US Real Estate

The growing problem of community golf course closures

By Mike Wheatley | August 2, 2019
Homeowners living in so-called golfing communities are seeing the premium they paid disappearing as an increasing number of golf courses in the U.S. are closing down. According to the National Golf Foundation, almost 200 golf courses located in suburbs across the Sun Belt have shut down. The reason is that less and less people are […]
US Real Estate

For the first time in 7 years, U.S. home values fall

By Mike Wheatley | May 20, 2019
U.S. home values fell from March to April, the first month-over-month decline since February 2012, according to the April Zillow Real Estate Market Report. The typical U.S. home is worth $226,800, down 0.1% from last month. The decline – led primarily by large West Coast markets – comes after 85 straight months of gains that […]
Roof Replacement
DIY-Home Improvement, Real Estate Resource

Does A Roof Replacement Affect Your Home's Value?

By Anita Clark | May 5, 2019
No matter what market you’re in, a house that needs a new roof is probably going to be a tough house to sell. Unless you’re interested in a prolonged, headache-filled process where your home sits on the market for months, it’s probably better to just replace the roof ahead of the sale.
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