Top Three Metros With the Fastest Rising Home Prices
Recent indices released this week found home prices skyrocketed in November at a rate just under 10…
Prospective Buyers Still Plan to Purchase in 2021
The latest report from the National Association of Home Builders found an increasing number of…
Average Homebuyer Loan Hits Another Record High
While mortgage demand fell last week and mortgage rates increased, the average homebuyer loan hit a…
Which Home Improvement Projects Did Homeowners Undertake Most in 2020?
More than 110,000 American and Canadian households responded to Home Innovation Research Labs’…
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Single-Family Homes
Home Prices Hit Six-Year High in November
Nationally, prices increased 9.5% year-over-year in November according to the S&P CoreLogic Case-Shiller Home Prices Indices.
Market Data + Trends
U.S. Home Values Increased by $2.5 Trillion in 2020
In the highest home value gain since 2005, U.S. home values reached $36.2 trillion total—with a $2.5 trillion increase in 2020 alone.
Master Planned Communities
Top 50 Master Planned Communities Sold 400+ New-Homes Each
There are four overarching themes that made 2020 a record year for master planned communities, each of which are a direct result of the pandemic.
Market Data + Trends
Existing Home Sales Soared in 2020 Despite Record Low Inventory
Existing home sales hit a 14-year peak in December, with a seasonally adjusted annualized rate of 6.76 million units closed.
Market Data + Trends
Not All Buyers Want More Space—Tiny Homes are Steadily Rising
Larger suburban homes are not the only housing type seeing an influx of interest during the pandemic.
Market Data + Trends
Many New-Homes Can Be Just as Affordable Long-Term as Older Homes
Homeowners who may have a higher mortgage due to purchasing a new home still pay the same first-year costs of ownership as a homeowner of an older
Market Data + Trends
Home Values Increase at Unprecedented Quarterly Rate
Home values experienced a quarterly rise of 3.2% at the end of 2020—the fastest pace on record since at least 1996.
Market Data + Trends
2021 Market Will Remain in Sellers' Control
The main issues buyers faced last year will most likely continue on, maintaining sellers’ leg up on the market, says The Washington Post.
Builders
Builder Confidence Begins to Weaken as Material and Land Prices Increase
Home builder confidence reached its highest level ever last year, but rising costs are threatening that.
Market Data + Trends
Latest RCLCO Survey Finds Record-Low Sentiment Toward Real Estate
RCLCO’s end-of-year Sentiment Survey found real estate participants are significantly more negative about the housing market compared to 2019.
