Metro Home Prices

Is This Another Bad Sign For The Housing Market?

Today’s News Synopsis: Remodeling spending is expected to be slow.  Mortgage applications increased by 5.3% from last week according to the Mortgage Bankers Association.  Home prices in the metropolitan areas increased by 9.1% in the second quarter. In The News: Redfin – “11% of Redfin Offers Faced Competition in July, the Lowest Rate Since at Least …

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Married With Roommates

Today’s News Synopsis: Roommates and married couples living together have doubled since 1995.  According to Zillow, the homes a lot more people are wanting are those in luxury neighborhoods.  Home prices in metropolitan areas increased by 4% in the fourth quarter of 2018. In The News: National Association of Realtors – “Metro Home Prices Jump 4 …

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“Taking MID Would Be Worthwhile On Only 5% of U.S. Homes” – Zillow

Today’s News Synopsis: Real Estate industry is weighing in on proposed tax changes.  Housing affordability is at its lowest in ten years according to the California Association of Realtors, down to 28% from the second quarter and 31% in the third quarter of 2016.  Home prices on metropolitan homes increased 5.3% in the quarter. In …

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