Forecast of the Top Housing Markets in 2017
Realtor.com released its 2017 U.S. Housing Forecast, which predicts how residential real estate will perform in the top 100 metro areas in the United States […]
Residential Real Estate
Home Flipping Startup Open Door Raises $210 Million in Financing
Real estate startup company Open Door, raised $210 million in new financing led by Norwest Venture Partners, reported Tech Crunch. Open Door is an online service […]
October Home Sales Drop 1.9% Amid Higher Prices. Average Price is $354.9K.
Monthly sales of U.S. homes dropped 1.9% from September, according to a news release by the U.S. Housing and Urban Development (HUD). However, sales were 17.8% […]
Home Prices Rise 1.5% Quarterly and 6.1% Annually – FHFA
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
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
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
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
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
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%
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 […]