Posts Tagged ‘Census Bureau’

Typical U.S. Home Worth More Than 200K For the First Time Ever According to Zillow

July 20th, 2017

Today’s News Synopsis: During the height of the housing bubble over a decade ago, the median U.S. home value peaked at $196,600 but never surpassed the $200,000 threshold until now.  Freddie Mac reported mortgage rates decreased again with 30-year rates now at 3.96% and 15-year rates 3.23%.  There has not been one new residential

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Are More People Wanting to Own than Rent? Only Time Will Tell

June 30th, 2017

Sources: The S&P CoreLogic Case-Shiller National Home Price NSA Index Sets Record For Five Consecutive Months Pending home sales tumble as supply crisis worsens 30-Year Fixed Mortgage Rate Hits New Low Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008 These Are the U.S. Cities Where It Costs Too Much to

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Real Estate Agents Using Movies to Sell Their Luxury Homes

June 23rd, 2017

Sources: CoreLogic Reports Mortgage Credit Risk Edges Up Slightly May home sales and price report Mortgage Rates Continue to Hold The Cost of Living Is Quickly Rising in These 10 US Cities These cities saw house prices fall in spite of national trend Number of Homes for Sale Drop at Fastest Pace in Four Years Economic Growth

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ATTOM Data Releases List of Top Market To Purchase Rentals

March 23rd, 2017

Today’s News Synopsis: The latest data from the California Association of Realtors showed pending home sales for February decreased 2.6% year-over-year in February.  ATTOM Data Solutions released a list of the top markets where single family rentals can be purchased.  A startup company in San Francisco named Apis Cor has

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CAR Reports 1.9% Increase in Pending Home Sales for December

February 24th, 2017

Sources: Bank Card Default Rate Hits 42-Month High in January 2017 According to S&P/Experian Consumer Credit Default Indices US existing home sales hit 10-year high in January Mortgage Applications Decrease in Latest MBA Weekly Survey December pending home sales and Market Pulse Survey U.S. House Prices Rise 1.5 Percent in Fourth Quarter Continued Uncertainty Causes Mortgage

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Housing Affordability at Lowest in 8 Years, Yet Still Remains Positive

February 16th, 2017

Today’s News Synopsis: The latest study from ATTOM Data Solutions showed that of the homes valued at a total of $4.9 trillion, 17.3 million of them are in zip codes where environmental hazards are a high risk.  The latest HUD and Census Bureau reports showed housing starts decreased 2.6% to

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New Home Sales of Single-Family Homes Increase to Highest in 10 Years

January 27th, 2017

Sources: Equity Gains Fuel Rise in Housing Market Value Why the supply of homes for sale is the lowest since 1999 Cash and Distressed Sales Update: October 2016 Redfin Report: Luxury Home Prices Inched Up 0.7 Percent in Fourth Quarter as the Rest of the Market Showed Substantial Gains Mortgage Rates Rise for First Time

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Mortgage Rates Drop Again For Third Week in a Row

January 19th, 2017

Today’s News Synopsis: Production on multifamily houses across the nation increased 11.3% in December to 1.23 million.  Optimism for home remodeling continued to remain strong in the fourth quarter, coming in at 53.  Freddie Mac reported mortgage rates dropped again for the third week in a row with 30-year rates

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HUD and the U.S. Census Bureau Report 5.2% Increase in New Home Sales

December 23rd, 2016

Sources: Home Values Rise at Fastest Pace Since 2006 U.S. Home Affordability Drops to 8-Year Low in Q4 2016 Existing-Home Sales Forge Ahead in November Cash and Distressed Sales Update: September 2016 Mortgage Rates At Two-Year High 9 Real Estate Trends to Expect in 2017 Confidence Improves at the Prospect of Pro-Growth Policies Today’s News Synopsis: Aaron Norris of

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New Home Sales Decrease But Still Remain Strong

September 26th, 2016

Today’s News Synopsis: HUD and the Census Bureau reported new home sales decreased 7.6% in August but continue to remain strong at 609,000.  Delinquencies also declined 9 basis points, but as well they are still high compared to the early part of the millennium.  In a surprising story, property that

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