Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
October Saw New-Home Sales Fall More Than Expected
Despite being buoyed by a persistent shortage of previously owned properties on the market, high mortgage rates and reduced affordability saw sales of new U.S. single-family homes fall during October
Luxury Homes Again Outperformed By Rest Of Market In Price Growth
In Q4 of 2016, luxury home prices reached an average of $1.6 million, a 0.7 percent increase compared to the year before.
…Number Of For-Sale Listings Falls To Lowest Level Since 1999
Strong demand and lagging construction have caused the shortages
New Jersey Leads The U.S. In Property Taxes
The average annual real estate tax bill in New Jersey is $8,180, which is more than 12 times what the average Alabama homeowner pays…
Tips For Obtaining A Mortgage Or Refinancing In 2017
Mortgage rates have shot up since early November, so buyers can expect an interest rate between 4 and 4.5 percent this year. With the…
Large Cities May Have Already Reached Peak Millennial Population
Young adults are starting to consider suburban living, causing rent prices to plateau in places such as Denver and San Francisco
Home Prices Rise As Inventory Falls In December
The number of homes for sale posted its largest year-over-year decline in more than three years in December.
…
San Diego Faces Dearth Of New Single-Family Homes
San Diego is shifting its attention toward multifamily construction. The county will add 3,000 new apartments this year, but only 1,545…
Reduction In Mortgage Insurance Premiums “Suspended Indefinitely”
A plan to roll back a cut in mortgage insurance premiums was short lived.
According to MarketWatch,…
10 Cities That Are Gentrifying The Fastest
Often times homeowners can benefit from a changing neighborhood
Average Down Payment Varies Greatly By Market
A 20 percent down payment is no longer the standard. According to Realtor.com, the average down payment on mortgages…