Existing-home sales rise for second straight month

Existing-home sales increased 1.9 percent month-over-month but failed to gain the same traction on a yearly basis with a 7 percent decline from November 2017. Continue reading

Home prices in US cities are down slightly from record highs

Home prices in the nation’s metropolitan markets rose to a median of $266,900 – up 4.8 percent from the third quarter of 2017 – but are slightly down over last quarter’s record high, since the National Association of Realtors (NAR) started tracking the… Continue reading

The longest housing inventory slump in history is over

After four straight years of declines, the nation’s longest inventory slump in history has finally come to an end, according to the latest data from realtor.com. Housing inventory was up 2 percent – or 25,000 listings – October 2018, versus October of … Continue reading

Uh-oh: high-risk home loans are on the rise again

Now that these buyers have relatively easy access to credit (albeit high-risk) they’re snapping up homes at the lowest price tier and driving up home prices… Continue reading

Don’t blame baby boomers for surging home prices: Trulia

Baby boomers have no sway on the affordability of housing in major markets like San Francisco and New York City, according to a new study. Continue reading

Home values continued to rise in July, but at slower rate: Zillow

Median home values increased 8 percent year-over-year, to $218,000 in July, but in 20 of the 35 largest markets growth slowed modestly, according to Zillow. Continue reading

Home prices are so high, pending sales have dropped for 7 months in a row

Pending home sales dropped 0.7 percent month-over-month and 2.3 percent year-over-year to 106.2 — the seventh consecutive month of annualized declines Continue reading