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Survey: Despite lower sales, homebuyers and sellers remain confident

Recent news about the residential real estate market has painted a pretty bleak picture — one of dwindling options, driving sales down and increasing competition. However, a recent survey from the National Association of Realtors shows that consumers are

Starter homebuyers should take advantage of fall, winter months

While agents around the country look forward to spring homebuying season every year, there’s one major annoyance for buyers: Other buyers. To circumvent that competition, Trulia suggests that first-time homebuyers on the market for a starter home start their

Zillow: Housing market not safe from climate change effects

With Hurricanes Harvey and Irma still fresh on the minds of government officials and residents around the country, many are focused on the issues immediately at hand: rebuilding and cleaning up. However, scientists and weather officials are looking at

Reliance on non-conventional financing for new homes declines nationwide

Nationwide, non-conventional forms of financing accounted for less than a third of the new single-family home market for the first time since 2008, according to the National Association of Home Builders’ analysis of the 2016 Census Bureau Survey of

Report: Florida sales, listings, prices all up in August

While Hurricane Irma may have a detrimental effect on Florida housing in September, a new report from Florida Realtors shows that the state’s market fared well in August. The report shows that closed sales and pending sales, new listings

NAR: Existing-home sales continue to flounder

Low inventory continued to vex the housing market and caused existing-home sales to drop 1.7 percent to 5.35 million in August from July, marking the fourth month of declines out of five, according to the National Association of Realtors.

U.S. housing market is changing as more adults choose not to have kids

The fertility rate in the U.S. is at its lowest since records on that data began in 1909 and the housing market is seeing the affects, according to a recent report from The Denver Post. Last year, the birthrate

Severe weather shakes builders’ confidence

After hurricanes rocked the South and Southeast in the past month, builder confidence dipped due to the storms’ impact on labor and materials. The Housing Market Index from the National Association of Home Builders and Wells Fargo shows confidence

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Home flippers move toward more affordable markets as profits plateau

Less homes are being flipped, for less of a profit, and for those who do, the cost is the most expensive it’s been in nearly 10 years, according to a new report from ATTOM Data Solutions. Flipping trend on

Student loan debt delays millennial homeownership by 7 years

As many millennials age and start to consider homeownership, student loan debt continues to be a major hurdle. According to the 2017 Student Loan Debt and Housing Report, the majority of millennials with student debt currently do not own

Homebuyers are prioritizing family when looking for their new homes

Homebuyers are focusing on family over their dream homes, according to a study from Bank of America. The Homebuyer Insights Report shows that homebuyers are prioritizing family members with around four in 10 first-time homebuyers planning to move closer

Gov. Scott files order to extend window for insurance claims post-Irma

Under a new emergency order filed by Florida Gov. Rick Scott on Sept. 18, homeowners in the state have an additional 90 days to file claims  with their insurance providers for damage related to Hurricane Irma.   The news

Realtors weigh in on workplace safety in new survey

According to a recent National Association of Realtors survey, 38 percent of Realtors have experienced a situation that made them fear for their personal safety or safety of their personal information on the job. Women and those in suburban

Hispanic buyers account for more of the homeowner population than ever before

As population demographics continue to change, so too does the fate — and face — of the average American homebuyer. Accounting for nearly 17 percent of the U.S. population, the typical homeowner is more likely than ever to be

Housing prices keep going up amidst national inventory shortages

Housing prices increased 7.7 percent in August, according to a recent report from Redfin. This new hike in costs represents the greatest uptick in year-over-year home prices since May 2015. Nationally, the median sale price rested at $293,000, indicating

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Housing confidence up overall as rising home prices continue to divide the market

Fannie Mae released a report showing overall confidence increase in the housing market yet homebuyer confidence dips to an all time low, creating a split housing market. Fannie Mae’s 2017 Home Purchase Sentiment Index (HPSI) increased to 88.0 which is three percentage points

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