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Real Estate

How to Triumph in a Bidding War

With a record low number of listings this spring, more buyers may be finding themselves in a bidding war for the home they want. CNBC recently highlighted a few tips on how buyers can be successful in a bidding war, including: Set the maximum price from the start. Home shoppers should factor in the monthly … more

CoreLogic: Home Prices Shoot Up Again

Home prices started 2018 on the rise, according to new data from CoreLogic. During January, single-family home prices were up for the sixth consecutive month with a 6.6 percent year-over-year gain year over year; prices were also up by 0.5 percent from December to January. Four states recorded double-digit year-over-year home price spikes: Washington (12.1 … more

Are You Ready to Buy a Home?

If you’re looking to buy a home this year, you’ll likely want to act fast – at least that’s what an increasing number of Americans think. According to new data, the number of consumers who think now is a good time to buy is on the rise, and it likely won’t stay that way for … more

Great Start to 2018 for Housing Market

Contract signings on home sales rose slightly in December, reaching their highest level since last March, the National Association of REALTORS® reported Wednesday. NAR’s Pending Home Sales Index, a forward-looking indicator based on contract signings, moved 0.5 percent higher to a reading of 110.1 last month, 0.5 percent higher than a year ago. “Another month … more

Americans Want to Walk

Americans are parking their cars and stepping up to walkable communities—and increasingly, they don’t mind giving up some living space to do so, a new report finds. Despite Americans’ historically strong preference for single-family homes, a majority (53%) polled in a survey for the National Association of Realtors® said they’d be OK living in neighborhoods with … more

Confidence in Housing Makes Near-Record Return

Confidence in housing made a near-record return in November in the Fannie Mae Home Purchase Sentiment Index® (HPSI), derived from Fannie’s National Housing Survey® (NHS). The HPSI overall posted 87.8 in November, 2.6 percentage points higher than the month prior. The Index hit all-time highs in February of this year, and again in June and … more

Millennials Are Taking Over Real Estate

Millennials are quickly ascending in the world of real estate, taking out the greatest share of all new mortgages and buying up the most homes in the lower price tiers—but they’re taking on way more debt to do it, according to a new analysis of mortgage origination data from Optimal Blue by realtor.com®. The realtor.com … more

Housing Market Projections for 2018

It looks like 2017 is going down as the best year for housing markets in the last decade – at least so says Freddie Mac. According to the GSE’s November Outlook report, the mortgage and housing markets are on track for their strongest 12 months in recent memory. Thanks to a favorable economy, low rates … more

Millennials Buy With Dogs in Mind

Thirty-three percent of Millennials home buyers said their purchase decision was driven by their dog according to a survey done by Harris Poll on behalf of SunTrust Mortgage. That outranks weddings (25 percent) and even kids (19 percent). Millennials that don’t have a home yet are prioritizing their pups in their decision. 42 percent of … more

It’s Hot This Spring in These 15 Markets

From Coast to Coast, here’s a look at the 15 hottest residential real estate markets of spring 2017 according to National Mortgage News. The rankings, by online real estate marketplace vendor Ten-X, take into account pricing, sales, affordability, permit activity, economic and demographic growth, as well as forward-looking data like economic forecasts and population trends. … more

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