Current Market Data
Everyone says that Millennial homebuyers offer a huge opportunity for housing, but now, we can finally put a number behind it – and it’s a big one. It’s no mystery that Millennial homebuyers have been missing in action thus
In the last year, we’ve entered a new world order in real estate, and homebuyers are facing a number of concerns as a result. It’s a new world out there in the U.S. real estate market. Gone are the
Pending home sales were at their third-highest level since 2006 in June, but are rising mortgage rates beginning to have an impact? Pending home sales were at their third-highest mark in more than six years in June, though industry
It’s the big question on everybody’s mind – will the rising mortgage rates of the last couple months produce a noticeable fall in home sales? Mortgage rates have been on the rise the last couple months. Since the beginning
June was a rollicking good month for new residential home sales, which posted strong increases on both monthly and yearly measures. New single-family home sales were up 38.1 percent year-over-year in June, in addition to an 8.3 percent monthly
June’s existing-home sales may have fallen from May, but they retained strong yearly increases, while other fundamentals improved. Existing-home sales may have fallen by 1.2 percent from May to June, but June’s seasonally adjusted annual rate of 5.08 million
Compromise is an inevitable component of the homebuying process…or is it? A new NAR survey has tracked what homebuyers do – and do not – compromise on. News flash: the homebuying process can be a darned frustrating experience. You
What were the most important features to homebuyers in 2013? What features of the home, and the greater area, were most valuable to them? There are many types of property available to today’s homebuyers, but as any savvy agents
Though builder confidence hit its highest mark in seven years this week, the latest construction report from the Census Bureau was underwhelming…or was it? June was a bit of a downer for new construction – at least on the
July was a mighty good month for homebuilders, if the latest Housing Market Index from the National Association of Home Builders is any indicator. Builder confidence for newly built, single-family home market hit its highest mark in more than
NAR’s 2013 Home Buyers and Seller Generational Trends report is massive, and among its many findings are great insights into homebuyer characteristics. The National Association of Realtors publishes many reports on real estate and the many individuals involved in
NAR’s 2013 Home Buyers and Seller Generational Trends report is massive, and among its many findings are great insights into homebuyer characteristics. The National Association of Realtors publishes many reports on real estate and the many individuals involved in
Foreclosure starts were down by a hefty amount in June, according to the Midyear 2013 U.S. Foreclosure Market Report from RealtyTrac. Foreclosures in the U.S. were down to their lowest level since 2005 in June, falling 21 percent from
Homebuyers from Canada, China, Mexico, India and the UK make up 53 percent of all foreign home purchases in the U.S. What do they look for in homes? Foreign homebuyers accounted for $68.2 billion in home purchases from March
Reis analysis on apartment vacancy and rental rates show small potential in the second quarter In April, we read the first quarter 2013 analysis from Reis and learned the apartment vacancy rate was at the lowest point in a
Mortgage rates are at their highest levels in years, but how are they impacting the decisions of potential homebuyers? A new Trulia survey explains. Well, it was fun while it lasted! After falling for a sustained, seemingly endless length