GETTY When we come across a market overflowing with two years’ worth of inventory supply, we’re sure of one thing: Real estate prices have hit their lowest. As supply increases across major cities in America, buyers can afford to patiently scout for the right investment opportunities. Gone are the days of fighting over a limited […]
First-time homebuyer Rachael Waldburger started her search for a house in March with the hope she and her husband would quickly find a property that met their goals. Nothing fancy, just a home in good shape with three bedrooms and a couple of acres of land, the Wisconsin middle-school teacher said. While the couple eventually […]
SANTA ANA, Calif.–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the November 2018 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes […]
Home buyers are busting budgets — and in some cases selling things they love — to snag their dream houses. A third of home buyers blew through the upper limit of what they planned to spend, topping that cap by an average $16,510, according to a Owners.com survey of 1,214 Americans who purchased a house within the […]
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 […]
According to National Association of Realtors Chief Economist Lawrence Yun, 2016 is going to continue to be a year of further expansion of U.S. housing activity, but at a slower pace. Yun states that following the U.S. housing market’s best year in nearly a decade, existing-home sales are forecasted to expand in 2016 at a […]
For home buyers in northern California, speed is the name of the game. Of the top 10 fastest-moving housing markets, 8 are located in California, with San Francisco, San Jose and Oakland taking the top three spots, according to a report from Trulia. At least 70% of homes in these three areas sold in two […]
The spring home-selling season is off to a promising start in this military port city, sparking optimism here and in other cities that the market has finally gained momentum after a slow recovery and last year’s stall. The downturn was brutal for Jacksonville; home sales sank and foreclosures were running at high levels during the […]
Demand uneven in housing market amid harsh winter weather. WASHINGTON—Builders pulled back on new-home construction in February, a sign of uneven demand in the housing market amid harsh winter weather. U.S. housing starts plunged 17% from a month earlier to a seasonally adjusted annual rate of 897,000 in February, the Commerce Department said Tuesday. Starts […]
The U.S. housing market could get a major boost this year, specifically for single-family homes—especially among first-time buyers. Here’s why. I’m guessing here. My forecasts aren’t any better than anyone else’s, so don’t trade on this. But my gut is telling me that the U.S. housing market could go ballistic this spring, specifically for single-family […]
