Tag Archives: housing market

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

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Housing Market Is Feeling Effects of Coronavirus Outbreak

February 6, 2020 The U.S. housing market is feeling the impact of the new coronavirus outbreak from China. Mortgage interest rates have dropped because of it, and the luxury sector has seen Chinese buyers, who had been propelling that market, … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Existing-Home Sales Climb 3.6% in December

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

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Information Regarding Zillow Zestimates

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

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , | Comments Off on Existing-Home Sales Increase for Second Consecutive Month

Existing-Home Sales Increase for the 1st Time in 6 Months

WASHINGTON (November 21, 2018) – Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors®. 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

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Existing-Home Sales Increase for the 1st Time in 6 Months

Metro Home Prices Rise 4.8% in 3rd Quarter

WASHINGTON (November 1, 2018) – Low inventory levels of moderately priced homes continue to stifle home sales and maintain the trend of increasing metro market prices according to the latest quarterly report (link is external) by the National Association of … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Metro Home Prices Rise 4.8% in 3rd Quarter

First Time Home Buyers Continue To Struggle

Single Females Remain a Force in Market, While First-time Buyers Continue to Struggle, According to Realtor® 2018 Buyer and Seller Survey WASHINGTON (October 29, 2018) – Single female buyers continue to be a powerful force in the market, while low … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on First Time Home Buyers Continue To Struggle

Market Shifting to Buyers’ Favor

September 26, 2018 A housing market defined by rapidly rising home prices, bidding wars, a lack of inventory, and sellers with the upper hand in negotiations may be changing. “The signs are pointing to a market that’s shifting toward buyers,” … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Market Shifting to Buyers’ Favor