Tag Archives: Markets & Economy

Buyers can’t afford a median-priced home basically anywhere

By Veronika Bondarenko | June 27, 2019 - 8:00 am |June 27, 2019 Uncategorized

Comments Off on Buyers can’t afford a median-priced home basically anywhere

Median home prices are out of range for average wage earners in 353 of 480 U.S. counties, according to a new analysis by Attom Data Solutions. Continue reading →

The top 10 challenges facing the real estate industry

By Teke Wiggin | June 26, 2019 - 9:00 pm |June 26, 2019 Uncategorized

Comments Off on The top 10 challenges facing the real estate industry

The Counselors of Real Estate, an invitation-only professional organization of 1,100 real estate advisers and other professionals around the world, has revealed its annual list of the 10 top issues facing real estate. Continue reading →

Growing cities losing affordable housing at alarming rate: Study

By Patrick Kearns | June 26, 2019 - 3:19 pm |June 26, 2019 Uncategorized

Comments Off on Growing cities losing affordable housing at alarming rate: Study

Released Wednesday, a new study from Freddie Mac finds a striking correlation between population growth and affordable housing. Continue reading →

Trump creates affordable housing council, taps Ben Carson as chair

By Jim Dalrymple II | June 26, 2019 - 12:33 pm |June 26, 2019 Uncategorized

Comments Off on Trump creates affordable housing council, taps Ben Carson as chair

In an executive order Tuesday, Trump said the role of the council would be to increase the supply of homes in the U.S. in an effort to meet demand. Continue reading →

NYC law firm mulls class action lawsuit against Realogy

By Patrick Kearns | June 25, 2019 - 3:30 pm |June 25, 2019 Uncategorized

Comments Off on NYC law firm mulls class action lawsuit against Realogy

The New York City-based law firm that previously filed a class action lawsuit against Zillow is putting Realogy in its crosshairs. Continue reading →

Home prices rise 0.4% in April

By Veronika Bondarenko | June 25, 2019 - 2:35 pm |June 25, 2019 Uncategorized

Comments Off on Home prices rise 0.4% in April

U.S. home prices rose 0.4 percent from March to April, according to the Federal Housing Finance Agency’s monthly House Price Index. Continue reading →

New home sales slumped in May

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

Comments Off on New home sales slumped in May

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

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

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

Comments Off on NIMBYs, regulatory costs caused housing shortage: Harvard study

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

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

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 →