Potential homebuyers are going to face historically low inventory this summer LendingTree says that 53% of homebuyers are more likely to buy a home in the next year because of the COVID-19 pandemic, with respondents saying they’re either...
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More Than a Quarter of Properties Are Equity-Rich Many homeowners have a lot of money in their homes. During the first quarter of this year, 26.5% of residential properties or 14.5 million were considered equity rich, meaning the owner had at...
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Number of Homes for Sale Has Dropped, But Prices Have Risen The number of homes for sale declined 15.7% annually in March, a housing report released Thursday by realtor.com® shows. However, the national median listing price was up 3.8% to...
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Rental prices in top housing markets fall in March Rental prices for one-bedroom and two-bedroom units fell in March, sliding by 0.4% and 0.3%, respectively, according to Zumper. It now costs the average renter a median of $1,219 and $1,463 to...
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Homeownership Rate Climbs to 6-Year High Americans are facing challenges to homeownership, particularly with shrinking inventories of homes for sale, yet somehow more are still finding their way to becoming homeowners. The homeownership rate rose...
Read MoreConforming loan limit has now increased by nearly $100,000 since 2016 The Federal Housing Finance Agency announced Tuesday that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000. In most of the U.S....
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U.S. Home Prices Accelerate As Housing Supply Tightens The average American home listing prices reaches $312,000 in October. In October, the average American home prices listing climbed 4.3% year over year, reaching a high of $312,000; according...
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No Appraisals on Certain Home Sales of $400,000 or Less Federal Reserve signs off on appraisal rule change, making change official Certain home sales of $400,000 and under will soon not need an appraisals, for the first time since 1994. In...
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Destinations for Movers Did you know on average home buyers only moves 15 miles away from their current home? A new study released Wednesday from realtor.com shows that Americans are being enticed to move further away because metros are offering...
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HOME Survey: More Say Now Is a Good Time to Sell a Home In June, a survey taken by the National Association of Realtors revealed that more Americans believe that now is a good time to sell a home. Majority of people believe that now is a good...
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Young Buyers Redefining ‘Luxury’ Young buyers are changing the meaning of “luxury” in the real estate world. They are changing the way they think about homes, so you need to know what feature they desire the most when looking. Millennials want...
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Millennial Homeowners Cutting Back What Millennial’s Are Willing to Give Up to Own a Home Millennial’s are changing their lifestyle by cutting back on spend if it means they will own a home sooner. “According to a new survey of 1,000...
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