Trends

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Minorities Trail Whites In Homeownership Rates

Minority groups continue to struggle on the road to recovery from the foreclosure crisis, with homeownership rates significantly behind whites. Although the Hispanic community recorded an increase of new homeowners in 2012 – and the amount dipped for the black and

NAR: Existing-Home Sales Rise 13.2% in August

Existing-home sales defied expectations in August, posting both monthly and yearly increases. Existing-home sales in August reached their highest mark in six-and-a-half-years, rising 1.7 percent from July and 13.2 percent from August 2012 to a seasonally adjusted annual rate

NAHB: Builder Confidence Holds Steady in September

The NAHB’s Housing Market Index was unswayed by market forces in September, though some trends have analysts wondering aloud. The Housing Market Index from the National Association of Home Builders (NAHB), the definitive reading on builder confidence in the

3 Key Trends For the Housing Recovery in 2013

The housing market has undergone yet another pronounced change in the last couple months, bringing about a whole new set of trends to follow. It was early 2013, and it finally seemed, after a prolonged slumber, that housing was

Single-Family Housing Starts Jump 7 Percent in August

August was a solid month for single-family home construction, according to the latest analysis by the U.S. Census Bureau. Single-family housing starts were at a six-month high in August according to the latest report from the U.S. Census Bureau, rising

Are First-Time Homebuyers Really Missing in Action?

It’s become a common trope in housing circles to bemoan the lack of first-time homebuyers in today’s housing market, but are they really lacking? First-time homebuyers are an essential component to a strong, sustainable housing market. Not only do

3 Promising Details of Home Selling in 2013

Homes in 2013 have sold better than at any time since 2008, and we’ve dug up three promising trends for those home sales. Home sales have been putting up some encouraging numbers in 2013. Though rising mortgage have taken

The 3 Stages of Higher Mortgage Rates

Everyone has been holding their breath on when the higher mortgage rates will impact home sales; when exactly will that happen, though? When mortgage rates began their dramatic rise back in May, it was more a matter of “when”

The Top 5 Home Seller Incentives in 2013

Home seller incentives became quite common during the down years, but are they still common in 2013? During the months following the housing downturn in 2008, homebuyers found themselves in a interesting position – they were in charge. With

NAHB’s Improving Markets Index Soars to 291 in September

The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the

Homeownership Rate Decreases From Five Years Ago

The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has

5 Ways that Rising Mortgage Rates Have Impacted Consumers

Much has been written about how rising mortgage rates will impact the housing market, but now we have a glimpse at how they’re affecting consumers. The dramatic rise in mortgage rates has been the major story in housing this

CoreLogic: Foreclosure Inventory Down 20 Percent in July

The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,

The 10 Most Populous Hispanic Communities in the U.S.

The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest

Census Bureau: Construction Spending Jumps 5.2 Percent in July

Construction spending increased again in July, with residential construction leading the way. Construction spending in July continued its strong 2013 comeback, with overall construction activity rising 0.6 percent from June and 5.2 percent from July 2012 to a seasonally

CoreLogic: Home Prices Up 12.4 Percent in July

The nation’s home prices continued to improve in July, with the latest Home Price Index from CoreLogic posting fantastic year-over-year numbers. Home prices continued their double-digit performance in the CoreLogic Home Price Index, rising 12.4 percent year-over-year in July. That

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