“nearly one in five U.S. housing markets was not affordable by historic standards” … Eighteen percent of U.S. housing markets were less affordable than normal in the second quarter of 2016. That’s down slightly from affordability levels a year ago, when 20 percent of markets exceeded their normal affordability levels according to RealtyTrac. Their housing […]
Home Prices Are Accelerating
Home prices posted a strong growth in closing out the final quarter of 2015, despite a moderating pace of sales, according to a new quarterly report released by the National Association of REALTORS® this week. NAR reports that the median existing single-family home price rose in 81 percent – or 145 out of 179 metro […]
Hot Housing Markets to Watch
This story from the latest issue of Housing Trends eNewsletter, Top 10 Hot Housing Markets to Watch in 2015. Rachel Stults offered up the places where we can expect … We’re closing out the best year in the U.S. economic recovery since the recession hit in 2008. For the most part, the housing market has rebounded. And plenty of […]
Timing The Market, Some Buyers in Metamora Still Lingering
Timing the market right, some buyers still lingering…This article from Realtor Magazine, 07/03/13, talks about home prices and mortgage rates increasing, have buyers missed their opportunity and home affordability… Home prices and mortgage rates are rising, but there is still a crop of home buyers out there who are pondering whether now is the right […]