by Karen | Nov 11, 2019 | Uncategorized
Are home price increases cranking up again? The quarterly report from the National Association of Realtors® (NAR) on existing home sales and metropolitan home prices seem to indicate that is the case. NAR says that the overwhelming majority of the metro areas they...
by Karen | Nov 11, 2019 | Uncategorized
In October, the average American home listing price climbed 4.3% year over year, reaching a high of $312,000, according to Realtor.com’s Housing Trend Report. The company indicates this growth is partially attributed to a decline in housing inventory, which resulted...
by Karen | Nov 11, 2019 | Uncategorized
A flood of first-time homebuyers is about to hit the market over the next three years, according to newly released analysis from TransUnion. TransUnion is currently projecting that at least 8.3 million first-time homebuyers will enter the mortgage market between 2020...
by Karen | Nov 11, 2019 | Uncategorized
The National Association of Home Builders reported that the housing share of the GDP rose for the first time in six quarters, increasing to 14.6% in Q3 2019. The overall GDP growth slowed to 1.9%. The NAHB analysis said the gains are due to rising single-family...
by Karen | Nov 11, 2019 | Uncategorized
The Census Bureau reports that the homeownership rate, while up fractionally in the third quarter of this year compared to Quarter 2, was essentially unchanged from one year earlier. The Bureau’s Vacancies and Homeownership Report put the national rate at 64.8...
by Karen | Nov 11, 2019 | Uncategorized
Pending home sales posted a solid increase for the second straight month in September, more than doubling analysts’ expectations. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI) rose to 108.7 from 107.3 the previous month, a...
