Trends

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Foreclosure Markets Show Considerable Progress in April

The U.S. foreclosure markets made impressive strides in April, with completed foreclosures and foreclosure inventory both showing progress. 1.1 million – that’s the number of homes in the U.S. that were in some stage of foreclosure in April 2013,

Asking Prices Soar 9.5 Percent in Trulia Price Monitor

Asking prices exceeded rents for the second month in a row in the Trulia Price Monitor, with prices up in 98 of the nation’s 100 largest metro areas. It was another banner month for asking prices in May, with

Realtor Confidence Soars in April to New Highs

Realtor Confidence has not only soared in 2013, but as of April, more than doubled from 2012. Home prices and home sales have been on the rise in 2013, and the latest analysis from the National Association of Realtors

The Resurrection of the McMansion

Were reports of the McMansion’s death greatly exaggerated? New Census Bureau data would seem to suggest so. The housing downturn negatively impacted just about ever aspect of the housing market, though there was one impact of the downturn in

CoreLogic Home Price Index Surprises with 12.1 Percent Jump in April

The CoreLogic Home Price Index surprised analysts with a stronger-than-expected, 12.1 percent hike in April, with even better numbers expected for May. The CoreLogic Home Price Index exceeded expectations again in April, with home prices leaping 12.1 percent year-over-year

Do Attractive Agents Perform Better Than the Rest?

A new study from Middle Tennessee State University finds that yes, attractive real estate agents DO perform better than their less-attractive counterparts. The classic phrase may go that beauty is only skin deep, but new research finds that “skin

Zombie Foreclosures & Boomerang Buyers: Latest Real Estate Trends?

Does new foreclosure slang fit in with the latest real estate trends? We’ve heard of “short sales,” “shadow sales” and “cure rate.” Now, two other phrases have been used to describe some of today’s real estate trends: “zombie foreclosures”

April Construction Spending Up 4.3 Percent

Construction spending in April rose 4.3 percent from the year before, though residential construction was a bit more tepid by comparison. April was another solid month for construction spending in the U.S. economy, with overall construction spending for the

Has Housing Inventory Finally Bottomed?

Housing inventory has fallen precipitously the last couple years, but has it finally bottom now in 2013? It’s the question on everyone’s mind nowadays – when will housing inventory finally stop falling? Indeed, low housing inventory levels have wreaked

How Quickly are Homes Going Under Contract in Miami?

With demand high and supply low, homes are pending at an alarmingly quick rate nationwide; but what’s the scenario like in Miami? It’s a classic case of supply and demand: demand for homes, on account of record low interest

Studies Say Buying Makes More Financial Sense Than Renting

Buying a home has become more manageable and expected to stay this way for 30 more years The latest studies are showing that buying makes more sense financially than renting, according to the KCM Blog. The latest Existing-Home Sales

Pending Home Sales Reach Post-Bubble Milestone

The Pending Home Sales Index was up more than 10 percent in April, rising to its highest mark since the expiration of the first-time homebuyer tax credit. April was a solid month for pending home sales, with the Pending

Do Women in Real Estate Earn 40% Less Than Men?

The “wage gap” is among the more prominent topics in gender equality, and new Census Bureau numbers suggest real estate has an issue with the topic. The “wage gap,” which addresses the difference in pay that men and women

Miami Home Prices Jump 10.7 Percent in March Case-Shiller

Home prices in Miami remained among the strongest in the nation, with prices up both monthly and yearly in March’s Case-Shiller. Home prices in Miami were positive as ever in the March Case-Shiller Home Price Indices from Standard & Poor’s,

Don’t Worry – Housing Bubble Rumors Are Bogus

Some overzealous folks have begun throwing around the “bubble” word in their coverage of the current housing market, but such statements are way off. Home prices on the national scale have been doing quite well in recent months; in

Existing-Home Sales Underwhelm in April?

Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent

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