“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 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 […]
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 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 […]