Despite Slower Growth Rates, Rents Still Moving Faster than Wages
Rent growth in the U.S. slowed slightly to 3.7% as of May 2018, down from 3.8% in 2017, according to Realtor.com, citing figures from the […]
Residential Real Estate
The Median Home Price in California Reaches a Record High of $600K
According to the California Association of Realtors, California’s median home price reached a new high of $600,860 in May 2018, up 2.8 percent from April and […]
The Typical Home Now Sells within 34 Days, Says Redfin
According to Redfin, across 174 U.S. housing markets, the typical home sold in May 2018 went under contract in 34 days, breaking April’s record of […]
Amazon Partners with Lennar to Showcase Alexa Smart Homes
The world’s top online retailer – Amazon – announced this past week a unique nationwide marketing partnership with Miami-based Lennar Homes, the nation’s largest homebuilder […]
Mortgage Rates Jump to 4-Year High
Mortgage rates are back on the move. The 30-year fixed-rate mortgage rose to its highest level since January 2014 this week, also seeing its largest […]
New Study Finds the U.S. is Millions of Units Short on Housing
The U.S. fell 7.3 million units short of meeting housing demand between 2000 to 2015, according to new research from the Up for Growth National […]
20 Cities Where Home Ownership Costs Less than $1,000 a Month
With higher housing costs gripping several areas of the nation, there are still plenty of bargains to be had, according to a new study by GOBankingRates. Analyzing […]
Zillow Joins the Home Flipping Business
Zillow announced that it will start flipping homes in Phoenix and Las Vegas and that it is expanding its Instant Offers service, according to a […]
Housing Market Shows Resilience in Face of Supply Shortages & Rising Rates
Despite concerns that rising interest rates, inventory shortages and higher home prices may dampen demand for housing, the latest figures demonstrate that the nation’s real […]
30-Year Mortgage Rates Rise to 4.45%
Freddie Mac has released its Primary Mortgage Market Survey for the week of March 22, 2018. The U.S. weekly average 30-year fixed mortgage rate rose 1 basis […]