National News
Despite a recent lull in growth, townhouse construction proves to be a crucial part of the entry-level housing market. In fact, a recent report by the National Association of Homebuyers predicts construction of this type of home will increase
The concept of a forever home – a single place that will last throughout a person’s life – is a dying idea to most people, according to Taylor Morrison’s 2017 Consumer Survey. The survey looked at 1,000 adults who
Total household debt reached $12.73 trillion in the first quarter of 2017, which is above the 2008 peak before the housing market crash and economic downturn, according to new data from the Federal Reserve Bank of New York. However,
What does the typical Realtor look like, and how was business for them in 2016? The answer obviously varies from market to market and from age group to age group. But the survey results in the National Association of
Masterplan community developers are looking to expand the amenities and conveniences offered to residents in order to bring in new buyers. According to John Burns Real Estate Consulting, there are three major features that developers are offering in their
Metro homes saw the strongest quarterly sales pace in a decade, which put pressure on existing inventory levels and led to the third consecutive quarter of accelerated home prices, according to the latest quarterly report by the National Association
U.S. housing affordability increased slightly in the first quarter of 2017 due to rising wages and moderating home prices despite increasing mortgage rates, according to National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). Between January and
The Home Purchase Sentiment Index (HPSI) rose by 2.2 percentage points in April to 86.7 percent and three percentage points compared to last year, according to April 2017’s National Housing Survey. Out of six total components, four saw positive gains when
According to the Q1 2017 U.S. Home Equity & Underwater Report from ATTOM Data Solutions, nearly 5.5 million U.S. properties are seriously underwater, which represents almost 10 percent of all mortgages. This is up from 5.4 million in Q4,
After remaining flat for years, federal interest rates could be increased nine times by 2020, according to the Congressional Budget Office’s 2017 Budget and Economic Outlook. The Federal Reserve’s policy committee met last week and determined that no federal
In the first quarter of 2017, markets nationwide have shown, on average, 100 percent normal economic and housing activity, according to the National Association of Home Builders‘ (NAHB) First American Leading Markets Index (LMI), which is based on current price,
Builders find that families will children will have the highest affect on home sales in 2017, according to the 2017 Builder 100 survey. Of its respondents, 68 percent believe that families with children will drive home sales, followed by
As home shopping season goes into full swing, buyers may find that patiently waiting for late summer listings will lead to the best selection and prices. A new report from Zillow looked at the listings and price data
The prevailing sentiment in the housing market is that it’s a great time to sell, as housing prices and demand has steadily creeped up. While that may be the case, such a rosy portrait of the market doesn’t tell
Renters paying the median U.S. rent could afford a house that is 50 percent more expensive than the median U.S. home value, according to a new Zillow study. The study found that with an increase in rent prices across
Home-seller confidence got a boost in April this year after home sales and prices picked up in March. Home prices continued an ongoing five-year upward trend, up 7.5 percent from last year to a national median sale price of $273,000. Sales growth
