The Luxury Home Market: Where Its Hot and Where Its Not
As demand for million dollar homes rises and availability of these homes in their traditional neighborhoods declines, high-priced homes are being built in new locations and neighborhoods.
Housing
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5 Reasons to Sell Your House Sooner Rather Than Later
Rising interest rates and an expected increase in the houses-for-sale inventory mean that selling your house now is going to be better than waiting.
Zillow’s Plan to Flip Homes Is Not Resonating With Investors
Online real estate listing service Zillow has announced a plan to buy and resell (flip) homes using its own money. Investors appear wary of the new initiative.
Why Home Refinance Loans Are Slipping
Applications for mortgage refinancing fell to a 22-year low in 2017 and the outlook for 2018 is not upbeat.
Mortgage Loan Rates, Applications Slipped Last Week
Mortgage rates slipped a little last week and applications for new mortgages fell as well. Refinancings hit a nine-and-a-half year low.
Mortgage Delinquencies Decline in January; Still High in Hurricane-Hit Areas
Mortgage delinquency rates in Texas and Florida are still being affected by last year's storm damage according to the latest data from CoreLogic.
How Bargain Hunting for a Home Can Backfire
Rising home prices and low inventory of homes for sale mean that homebuyers, especially first-timers, find themselves willing to try almost anything to get into a house at a price they can afford. Be…
Mortgage Loan Rates Slide, Applications Down Too
Mortgage loan rates remained unchanged or dipped slightly last weeks while mortgage applications declined slightly as well.
CoreLogic February Home Price Index Rises Nearly 7%
U.S. home prices rose nearly 7% year over year in February, according to the CoreLogic Home Price Index. Home prices are now more than 50% higher than their lowest point in 2011.
February Pending Home Sales Rise, Still Trail 2017 Pace
Pending home sales rose 3% month over month in February but remain behind last year's pace as inventory remains low and prices keep rising.
Mortgage Loan Rates Rise, Applications Up 5%
Mortgage loan rates rose on four popular loan types last week and applications for new mortgages rose 5%. Refinancing applications also rose after reaching a near 10-year low in the prior week.
January Home Prices Maintain Rapid Climb
The Case-Shiller national house price index for January jumped 6.2% and home prices in all but one of the 20-city index rose month over month.
RBC Says 4 Top Homebuilders Could Also Be Takeover Targets Now
While there is absolutely no guarantee that these homebuilders will be acquired, they all are outstanding stocks on their own for aggressive growth portfolios.
A Look at the Market for First-Time Homebuyers
First-time homebuyers face a triple whammy of rising home prices, rising interest rates, and low inventory of starter homes.
More Evidence That Home Prices Will Continue to Outpace Inflation in 2018 and 2019
Rising home prices are a good thing in general. The problem is that as housing prices rise, most incomes are not rising enough to keep up with the price increases.