Spike in New-Home Sales ‘Negates’ Interest-Rate Trouble?

Single-family new-home sales posted a sharp rise in October, up 25.4 percent from September, according to newly released Census Bureau data. That was a similar rate to last spring when the new-home market was taking off in recovery mode.  Across the country, all regions posted double-digit gains … [Read more...]

Where Prices are Headed over the Next 5 Years

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about … [Read more...]

The Importance of the Latino Market in RE

Fannie Mae's National Housing Survey examined the attitudes among the Hispanic population toward homeownership, getting a mortgage and the expectations for future homeownership, in order to have a better understanding of the potential impact of this fast-growing population on future homeownership … [Read more...]

Realtors® Advocate Housing Finance System Overhaul That Protects Taxpayers and Access to Credit

As lawmakers debate how best to reform the secondary mortgage finance market, they must ensure that any new system retains access to safe, secure and affordable sources of mortgage capital for creditworthy consumers in all market conditions or risk a major disruption to the economy, warned the … [Read more...]

New Sign of Housing Recovery’s Hold?

Out of 350 metros across the country, 52 have returned to or exceeded their pre-recession levels, according to a new index debuted by the National Association of Home Builders and First American.  The newly released Leading Markets Index factors in housing permits, home prices, and employment data … [Read more...]

Foreclosure Starts Cut in Half

Foreclosure starts have fallen to half the level they were a year earlier, according to second quarter data recently released from the Office of the Comptroller of the Currency.  In the second quarter, there were 150,592 foreclosures started—down 50.8 percent from the second quarter of 2012. … [Read more...]

August Existing-Home Sales Rise, Limited Inventory Continues to Push Prices

Existing-home sales increased in August and reached the highest level in six-and-a-half years, while the median price shows nine consecutive months of double-digit year-over-year increases, according to the National Association of Realtors®.   NAR’s chief economist said the market may … [Read more...]

Buying that First Home, consider a few important details

Evaluating your credit position Credit is one of the biggest matters to concentrate on before jumping into the real estate world. With solid credit, it can really help you financially when buying a home, but with mediocre credit, you may want to postpone that decision for several months to work on … [Read more...]


Well cared for semi detached brick 2 1/2 story. 3 Large bedrooms, 1 bath with Master bedroom with balcony, private fenced shaded yard. (see also 209 S Gannon Street) Buy both for $75,000. Live in one Rent out the other. MLS 210608 - $49,900 … [Read more...]

June Existing-Home Sales Slip but Prices Continue to Roll at Double-Digit Rates

Existing-home sales declined in June but have stayed well above year-ago levels for the past two years, while the median price shows seven straight months of double-digit year-over-year increases, according to the National Association of Realtors®. Total existing-home sales1, which are completed … [Read more...]