Tag Archives: Markets & Economy

New home sales slumped in May

By Patrick Kearns | June 25, 2019 - 2:23 pm |June 25, 2019 Uncategorized

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The number of new homes sold took a nosedive in May, falling 7.8 percent below April’s reported figure and 3.7 percent year-over-year. Continue reading →

Annual home price gains continue to slow down in April: Case-Shiller

By Patrick Kearns | June 25, 2019 - 1:17 pm |June 25, 2019 Uncategorized

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Annual home price gains are continuing to slow down, driving toward their lowest level in seven years, according to Case-Shiller. Continue reading →

NIMBYs, regulatory costs caused housing shortage: Harvard study

By Andrea V. Brambila | June 25, 2019 - 12:16 pm |June 25, 2019 Uncategorized

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A shortfall in housing production is making homes ever more unaffordable for modest-income households, according to Harvard’s Joint Center for Housing Studies. Continue reading →

We’re in a ‘homebody era’ and that means a housing shortage for years to come

By Teke Wiggin | June 21, 2019 - 9:01 pm |June 21, 2019 Uncategorized

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In May 2019, the average tenure of homeowners in the U.S. — that is, the amount of time a typical homeowner lives in their home — rose 10 percent year-over-year to 11.3 years… Continue reading →

Amazon is selling a transparent dome igloo

By Veronika Bondarenko | June 21, 2019 - 7:09 pm |June 21, 2019 Uncategorized

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Along with a $7,000 DIY home that sold out not long after being posted online, Amazon is selling a $1,200 geoplastic dome kit for the backyard. Continue reading →

Existing-home sales bounce back, post gains in all regions

By Patrick Kearns | June 21, 2019 - 2:10 pm |June 21, 2019 Uncategorized

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Existing home sales enjoyed a 2.5 percent month-over-month bump from April to May, according to the latest data from the National Association of Realtors. Continue reading →

Google’s big Bay Area housing investment won’t be enough

By Jim Dalrymple II | June 20, 2019 - 1:20 pm |June 20, 2019 Uncategorized

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Economists praised the tech giant’s plan to spend $1 billion on Bay Area housing, but expressed skepticism that the efforts will solve the region’s housing crisis. Continue reading →

Rent, don’t buy, in these 3 states

By Veronika Bondarenko | June 19, 2019 - 1:26 pm |June 19, 2019 Uncategorized

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Across 40 U.S. states, monthly rent grew at a slower rate than housing prices, according to an Apartment Guide report released Tuesday. Continue reading →

Housing starts and completions dip in May

By Patrick Kearns | June 18, 2019 - 1:20 pm |June 18, 2019 Uncategorized

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Privately-owned housing starts dropped 0.9 percent month-over-month and 4.7 percent year-over-year in June, according to new Census data. Continue reading →

The essential guide to investment properties

By Jim Dalrymple II | June 18, 2019 - 9:00 am |June 18, 2019 Uncategorized

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It’s a huge industry, and one that represents an opportunity for agents. But it’s also a field with quirks, culture, sub-categories and methodologies. Continue reading →