For the first time in a decade, more new households chose to buy a home rather than rent one in the first quarter of 2017, […]
Tag: home sale
Is the Homeownership Rate Finally Stabilizing?
Is This the New Normal for Homeownership? The U.S. homeownership rate was 63.6 percent in the first quarter of 2017, barely budging from last quarter’s […]
Following Weeks of Declines, Rates Tick Up
For the first time in five weeks, average mortgage rates reversed course and edged up. “The 10-year Treasury yield rose about 10 basis points this […]
Home Sellers Are Pocketing More Money
Homeowners who sold in the first quarter realized an average price gain of $44,000 since purchase. That represents an average 24 percent of return on […]
Housing Shortages Are Curbing Sales
Pending home sales took a slight dip last month due to a dearth of homes for sale, the National Association of REALTORS® reported Thursday. The […]
Buyers Rushing Toward New Construction
Sales of newly built single-family homes increased for the third consecutive month, posting a strong showing to the spring selling season, the Commerce Department reported […]
Urgency Increases for First-Time Buyers
New buyers are gradually increasing their stake in the housing market. First-timers comprised 32 percent of existing-home sales in March, up from 30 percent a […]
More Homeowners Tackle Renovation Projects
Homeowners are sprucing up their properties and undertaking more remodeling and repair projects, according to a recent study. The Leading Indicator of Remodeling Activity, released […]
Home Sales Zoom to Highest Pace in Decade
This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the […]
Will There Be Too Few Appraisers in 10 Years?
One of the most important issues facing residential real estate in the coming years has to do with the appraisal profession. Research by the National […]