New and Existing Home Sales Surged in November
Home sales surged in November as a strong job market, coupled with low interest rates, drove buyers to snatch up both new and existing homes. […]
Residential Real Estate
Big Increase in the Number of Homes Located in $1 Million+ Zip Codes
The sizzling housing market has propelled home values in many local communities over the $1 million mark to a point where 4% of all U.S. […]
Realtor.com Releases its 2018 National Housing Forecast
Realtor.com recently released its 2018 National Housing Forecast looking at the Top 100 Largest Metros Ranked by Forecasted 2018 Sales and Price Growth. Some of the […]
Softbank Invests $450 Million in Real Estate Startup Compass
Real estate startup company Compass announced that it received a $450 million investment from the $93 billion Softbank Vision Fund, whose backers include Japan’s Softbank […]
Quantifying the Impact of Rising Home Prices
It’s no secret that much of the nation’s housing market has recovered from the crash of 2007/08. In fact, home prices in many local markets […]
Weekly Mortgage Rates See a Slight Drop
Weekly Mortgage rates dropped ever so slightly during the week ending November 9, according to Freddie Mac’s latest Primary Mortgage Market Survey. 30-year Fixed: Averaged 3.90%, down […]
More Lenders are Allowing Home Buyers to Crowdfund their Down Payment
Rising home prices, which are estimated to be increasing at more than double the pace of average hourly earnings, are making it even more challenging […]
Homebuilders Oppose GOP Plan to Reduce Mortgage Interest Deductions
GOP lawmakers are proposing a 50 percent reduction in the amount mortgage interest deductions that homeowners can claim on their tax returns, according to the […]
New Startup Helps with Down Payments in Exchange for Airbnb Income
A Seattle-based startup called Loftium is proposing to help homebuyers with up to $50,000 in downpayment on a home, according to an article in City Lab. In […]
A Tight Housing Inventory is Chocking Off Home Sales
The National Association of Realtors said existing-home sales fell 1.7% to a seasonally adjusted rate of 5.35 million, the worst level in 12 months. Total housing inventory at […]