Home Prices Dropping?

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market? Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of … Continue reading Home Prices Dropping?

Why High-Flying U.S. Home Prices Seen Getting Another Jolt

Why High-Flying U.S. Home Prices Seen Getting Another Jolt The U.S. housing market’s storyline for the last several years has been one of steady demand and limited supply, pushing prices ever higher. Now, a new chapter has opened up for the industry and its customers: soaring costs for building materials. Reports on Tuesday underscored both … Continue reading Why High-Flying U.S. Home Prices Seen Getting Another Jolt

Silver Lining to Rising Home Prices . . .

Silver Lining to Rising Home Prices . . . Home prices continue to climb both year-over-year and month-over-month, according to the October 2017 Home Price Index (HPI) released by CoreLogic Tuesday Morning. Nationally, prices increased by 7 percent from October 2016 to October 2017—representing the second consecutive month of 7 percent year-over-year increases. Meanwhile, month-over-month … Continue reading Silver Lining to Rising Home Prices . . .

30 Metro Areas Experienced Double Digit Increases In Home Price

  30 Metro Areas Experienced Double Digit Increases In Home Price Author: Staff Writer in Daily Dose, Featured, News, Origination May 15, 2017 0 Metro home prices are continuing their upward surge as they swelled again for the third consecutive quarter, according to 2017’s first quarterly report by National Association of Realtors (NAR). NAR chief … Continue reading 30 Metro Areas Experienced Double Digit Increases In Home Price

The votes are in: MID elimination will drive down home prices, but for how long?

The votes are in: MID elimination will drive down home prices, but for how long? Our readers are divided over how eliminating the mortgage interest tax deduction (MID) will impact home prices, according to our recent poll. Nearly half of voters — 45% — believe prices will decrease but eventually level out, while 42% think … Continue reading The votes are in: MID elimination will drive down home prices, but for how long?

U.S. existing home sales fall as supply hits 17-year low

  U.S. existing home sales fall as supply hits 17-year low   Jan 24 U.S. home resales fell more than expected in December as the supply of houses on the market dropped to levels last seen in 1999, which could have limited choice for buyers. The National Association of Realtors said on Tuesday existing home … Continue reading U.S. existing home sales fall as supply hits 17-year low

Here’s How Much Money You Need To Make To Buy A Home In 27 Major Cities

Here’s How Much Money You Need To Make To Buy A Home In 27 Major Cities In a few cities in the Rust Belt, you can afford to buy a house while making less than $40,000. In San Francisco, you’ll need to quadruple that. Credit: f11photo/Getty Images In San Francisco, a household income of $150,000 … Continue reading Here’s How Much Money You Need To Make To Buy A Home In 27 Major Cities

Home prices in the region up for 50th straight month

Home prices in the region up for 50th straight month House prices continued rising in July, increasing from year-ago levels for a 50th straight month in Orange County and for a 51st straight month in Los Angeles County and the Inland Empire, the CoreLogic Home Price Index showed Tuesday. Orange County has had the lowest … Continue reading Home prices in the region up for 50th straight month

Homeowner Confidence High, but Buyers Feel Discouraged by the Housing Market

Homeowner Confidence High, but Buyers Feel Discouraged by the Housing Market Homeowners are feeling increasingly confident that now is a good time to sell a home, but renters are feeling uncertain they’ll be able to afford to buy, according to the latest Zillow® Housing Confidence Index (ZHCI). Existing homeowners have a more positive attitude toward … Continue reading Homeowner Confidence High, but Buyers Feel Discouraged by the Housing Market

Why a high-priced home is worth it

Why a high-priced home is worth it Rick Newman September 2, 2016 If you’re tired of hearing how the rich are getting richer, stop reading. Because it’s more widespread than you think. Wealth generates wealth, especially now, in an economy that has been rewarding people who own stocks and other financial assets a lot more … Continue reading Why a high-priced home is worth it