Current Market Data

The Enormous Potential of Millennial Homebuyers

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

The 7 Things That Worry Buyers Most about the Buying/Selling Process

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 Near Six-Year High in June

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

Will Rising Mortgage Rates Lead to Lower Home Sales?

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

Census Bureau: New Home Sales Jump 38.1 Percent in June

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

NAR: Existing-Home Sales Rise 15.2 Percent in June

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

What Will Homebuyers Compromise on in 2013?

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

The 7 Key Traits About the Homes Consumers Bought in 2013

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

Housing Starts Fall in June, But Positive Trends Continue

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

Builder Confidence Soars in July to Highest Mark in 7 Years

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

The 5 Most Important Characteristics of Today's Homebuyers

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

The 5 Most Important Characteristics of Today’s Homebuyers

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

RealtyTrac: Foreclosures at Lowest Level Since 2005

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

What are the Preferences of the Most Active Foreign Homebuyers?

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

Apartment Vacancy Rate Remains Unchanged, But Promise Lies Ahead

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

How Rising Mortgage Rates are Affecting Prospective Homebuyers

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

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