Smaller Homes Yield Faster Value Growth

~Firm believer in this!!~   Smaller Homes Yield Faster Value Growth   A new study by NerdWallet, which looked at three years worth of data from Realtor.com on 20 U.S. metro markets, found that the smaller the home, the faster the price growth, in terms of percentage of increase. However, overall prices of larger homes …

Hispanic Homeownership Up for Second Year Running

  Hispanic Homeownership Up for Second Year Running Author: Aly J. Yale in Data, Headlines, News February 6, 2017 0 Though overall U.S. homeownership rates are at their lowest level in decades, amongst Hispanics, rates of homeownership are actually on the rise. According to data recently released from the National Association of Hispanic Real Estate …

Which College Graduation Class Holds the Most Housing Weight?

  Which College Graduation Class Holds the Most Housing Weight? Author: Aly J. Yale in Data, Headlines, News February 3, 2017 0 The class of 2008 is the most likely to buy and mortgage a higher-priced home, according to recent data from LendEDU, a student loan debt consolidation company based in New Jersey. With the …

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 …

No Change in Credit Scoring System for Fannie/Freddie

Fannie and Freddie have yet to change scoring system for mortgage applicants Critics of current credit rating method claim it makes many people look less creditworthy than they are. (iStock) By Kenneth R. Harney Real Estate November 30 at 7:00 AM You probably know that your credit score is a crucial factor in your ability …

Does Low-Income Housing Affect Property Values?

Does Low-Income Housing Affect Property Values? Author: Scott Morgan in Daily Dose, Data, Headlines, News November 16, 2016 0 The deep-set worry that low-income housing has a deleterious effect on the values of other properties appears to have little basis in reality. According to a new study by Trulia of the country’s 20 least affordable …

Riverside still grappling with warehouse rules

Riverside still grappling with warehouse rules A city panel will talk more about how to address noise, traffic, pollution and other concerns. Riverside resident Brian Fountain stands at his bedroom window, where a new warehouse was being built just yards away in 2015. City officials are discussing new rules to address residents' concerns about neighboring …

Housing starts tumble 9% as sturdy recovery remains elusive

Housing starts tumble 9% as sturdy recovery remains elusive By Andrea Riquier Published: Oct 19, 2016 10:16 a.m. ET Builders ramped up construction of single-family homes, however Fixes story to reflect the correct agency reporting the data. Getty Images Single-family starts improved in September, but starts for apartments plunged.Builders broke ground on the fewest new …

This Demographic is Loving the American Dream

This Demographic is Loving the American Dream Author: Brian Honea in Daily Dose, Data, Featured, News October 13, 2016 0 The decline in the U.S. homeownership rate has been well-documented over the last couple of years; in the second quarter, the rate fell to a 51-year low of 62.9 percent. The homeownership rate is not …

The Type Of House You Should Never Buy

The Type Of House You Should Never Buy “McMansion Hell” rips the facade off the luxury homes, exposing them as ugly, cheap and terrible investments. Credit: fotog/Getty Images A 22-year-old architecture student is on a mission to take down McMansions. The massive, gaudy houses lining the streets of America’s upscale suburbs began to look like …