Tag Archives: home prices

Home Prices Grow Twice as Fast as Incomes

Daily Real Estate News | Monday, May 01, 2017 Strong buyer demand this spring is pushing home prices up at double the rate of increase in income growth, The Wall Street Journal reports. The median price of an existing home … Continue reading

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Home Sales Zoom to Highest Pace in Decade

Daily Real Estate News | Friday, April 21, 2017 This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the highest pace in more than a … Continue reading

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Fewer New Homes in Pipeline Pushes Up Prices

Daily Real Estate News | Wednesday, April 19, 2017 Nationwide housing starts dropped in March, despite continued high buyer demand, which is adding pressure to overall home prices. Housing starts for single-family and multifamily homes dropped 6.8 percent in March … Continue reading

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Millennials Want Home Equity Access

Daily Real Estate News | Tuesday, April 04, 2017 Homeowners are tapping into equity at the fastest rate in eight years, thanks to rising home prices. And millennials are leading the pack of those who are cashing in. In 2016, … Continue reading

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Pending Home Sales Leap 5.5% in February

WASHINGTON (March 29, 2017) — Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®. All major regions saw a notable … Continue reading

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Housing Crunch to Hold in Most Price Ranges

Daily Real Estate News | Friday, February 17, 2017 Home buyers at many income levels likely will see an inadequate amount of homes for sale in their price range in the coming months, according to a new housing affordability model … Continue reading

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Swift Gains in Fourth Quarter Push Home Prices to Peak Levels in Majority of Metro Areas

WASHINGTON (February 9, 2017) — The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three months of 2016, according to the latest quarterly … Continue reading

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Pending Home Sales Bounce Back in December

WASHINGTON (January 30, 2017) — Pending home sales picked up in December as solid increases in the South and West offset weakening activity in the Northeast and Midwest, according to the National Association of Realtors®. The Pending Home Sales Index,* … Continue reading

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The Big Challenges Home Buyers Face in 2017

Daily Real Estate News | Friday, January 20, 2017 What are the top challenges your home buyers face this year? A recent survey from realtor.com® reveals the following: 1. Low inventories: There aren’t enough homes for sale and inventory woes … Continue reading

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