The U.S. housing market has been a tough place for buyers in the past few years, with homes becoming more expensive, interest rates staying high, and housing inventory being low. Now, real-estate marketplace Zillow is predicting house prices will again rise modestly next year. “Zillow forecasts 2.6 percent home value growth in 2025, a relatively slow pace […]
British properties are ‘expensive, cramped and ageing’ compared with other similar economies, says Resolution Foundation Mon 25 Mar 2024 01.01 CET The UK’s “expensive, cramped and ageing” housing stock fares poorly compared with other advanced countries, analysis by a thinktank suggests. Households are paying more than other countries – but getting less in return, the Resolution Foundation said. […]
By Robin Rothstein Forbes Advisor Staff Getty It’s May, but the spring homebuying season has yet to bloom—and it may turn out to be a total dud. Mortgage rates increased 15 basis points in April, while pending and existing home sales slumped in March. Though the median existing-home sales price edged lower year-over-year for the […]
According to the CoreLogic Home Price Index Report, national home prices saw a year-over-year increase of 5.4% in May — up from a 3.6% gain in April 2019. CoreLogic attributes the growth to a decrease in housing supply because of the pandemic. “Tight supply and pent-up demand, particularly among millennials, provides optimism for a bounce-back in […]
U.S. home sales unexpectedly fell for a second straight month in January. Existing home sales last month were weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time buyers out of the market. U.S. home sales unexpectedly fell in January, leading to the biggest year-on-year decline in more than […]
U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors said on Wednesday existing home sales declined 3.7 percent to a seasonally adjusted annual rate of 5.48 million units last month after hitting […]
After four years of crammed open houses, heated competition and dizzying price gains that sent the median cost of a home to $1.2m (€1.06m), San Francisco’s real estate market is starting to lose steam. The inventory of luxury homes is at a record high. A smaller share of deals have bidding wars. Rent growth for […]
Home flipping – buying and reselling a home to make a quick buck – has risen in some hot U.S. housing markets, prompting concerns that local housing bubbles could be developing, according to a report published on Thursday. The report by RealtyTrac found that home flipping in 12 active metropolitan areas last year was […]
Housing experts predict U.S. home value growth around 3.5 percent this year. But which markets are leading the charge? To determine the hottest real estate markets for 2016, we looked at the Zillow Home Value Index (ZHVI) Forecast, recent income growth and current unemployment rates. These variables were scaled and combined equally to form a […]
PHOTOSVIT / ShutterstockMiami Look up at the New York City skyline — way up, 100 stories or so — and you can’t help but notice that the changes over the past few years have been remarkable. But they may be coming to a halt. Over the past five years, a luxury housing boom in the city saw […]
