Residential Real Estate

Home Prices Rise 1.5% Quarterly and 6.1% Annually – FHFA

November 28, 2016 0

The Federal Housing Finance Agency (FHFA) released it House Price Index (HPI) for Q3 2015. On average, home prices were 1.5% higher than Q2 2016, but 6.1% […]

Higher Limits for Conforming Home Loans

November 28, 2016 0

The federal government will increase the limits for loans qualifying as conforming home loans, effective January 1, 2017, reported Realtor Mag. Conforming loans are loans […]

The Fastest Selling Residential Real Estate Markets

November 28, 2016 0

Realtor.com released its inventory data for the month of October 2016, which showed the average number of days a property is on the market before being sold. The […]

Annual Home Sales in the Bay Area are Down, but Prices are Up in Q3 2016

November 26, 2016 0

The super-expensive San Francisco Bay Area housing market seems to have plateaued, according to a research report by Property Radar. Despite lower sales volumes, prices […]

“All-Cash” Deals Accounted for 31% of August Home Purchases

November 25, 2016 0

Corelogic released it Cash and Distressed Sales Update for the month of August 2016, which showed that 31% of all real estate buys were paid […]

Chinese Buying of Overseas Properties to Increase 130% from Last Year

November 25, 2016 0

Growing affluence, a weakening Yuan, a desire to own properties in a second country and an over-heated domestic real estate market, are all fueling a […]

Fears of Rising Rates, Drive Mortgage Applications Up by 5.5%

November 23, 2016 0

Weekly mortgage applications rose 5.5% on a seasonally adjusted basis, as homebuyers rushed to lock-in rates, which spiked after the U.S. presidential election, reported CNBC. Buyers […]

Almost 1 Million New Homes Needed to Ease Housing Crunch in 10 Metro Areas

November 21, 2016 0

Realtor.com’s chief economist, Jonathan Smoke, explains that job growth has dramatically increased demand for housing in several metro areas, while supply has been stifled by […]