Tag Archives: home prices

Buyer Competition Expected to Be Steep This Spring

March 6, 2020 Fewer homes were on the market in February compared to a year prior, and home prices are rising as inventory continues to tighten, according to realtor.com®’s February Housing Trends Report. That has prompted economists to predict a … Continue reading

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Existing-Home Sales Climb 3.6% in December

WASHINGTON (January 22, 2020) – Existing-home sales grew in December, bouncing back after a slight fall in November, according to the National Association of Realtors®. Although the Midwest saw sales decline, the other three major U.S. regions reported meaningful growth … Continue reading

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Community Bans Cars to Test Walkability

A 1,000-person rental development underway in Tempe, Ariz., will be a carfree zone. Tenants’ leases will not allow cars parked onsite or in the surrounding area. The development is testing the demand for walkable neighborhoods, which young adults claim they … Continue reading

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Existing-Home Sales Increase 1.3% in August

WASHINGTON (September 19, 2019) – Existing-home sales inched up in August, marking two consecutive months of growth, according to the National Association of Realtors®. Three of the four major regions reported a rise in sales, while the West recorded a … Continue reading

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Information Regarding Zillow Zestimates

Attached to this is a link to an article published in the Tri-Cities Journal of Business spelling out the discrepancies between actual home values and Zestimates. Data on 532 local homes shows Zillow’s numbers run too high. Reprinted with the … Continue reading

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Priced Out Young Adults Shop for Investment Homes Far Away

September 11, 2019 Millennials who have been priced out of their local housing market are jumping online and searching for investment properties to buy elsewhere, Curbed.com reports. “We find that millennials see the investment landscape very different than their parents … Continue reading

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Existing-Home Sales Climb 2.5% in July

WASHINGTON (August 21, 2019) – Existing-home sales strengthened in July, a positive reversal after total sales were down slightly in the previous month, according to the National Association of Realtors®. Although Northeast transactions declined, the other three major U.S. regions … Continue reading

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Gap Widens Between What Buyers Want, What’s for Sale

Home buyers are finding fewer homes for sale that are meeting their price expectations. Half of all home buyers say they’re looking for a home priced under $288,000. But that is 9.1% below—or $27,000 less–than the median list price of … Continue reading

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Existing-Home Sales Increase for Second Consecutive Month

WASHINGTON (December 19, 2018) – Existing-home sales increased in November, according to the National Association of Realtors®, marking two consecutive months of increases. Three of four major U.S. regions saw gains in sales activity last month. Total existing-home sales1, https://www.nar.realtor/existing-home-sales, … Continue reading

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