Trade Tensions Have Yet to Touch Mortgage Rates, Which Remain Steady
Fears over an escalation in trade tensions between the United States and China have not meaningfully spilled over into bond markets. That could change at any time.
Lucrative Listing Descriptions: The Surprise Features to Stress When Selling
Of all homes listed for sale on Zillow between 2016 and 2017, those mentioning “steam shower” in their listing descriptions earned sellers a 29 percent higher sale price than listings that didn’t mention it, the highest premium among more than 100 listing terms analyzed by Zillow.
Rents on Single-Family Homes Growing Faster Than Apartment Rents
At the national level, it’s less expensive to rent a single-family home than a more traditional apartment in a larger, more multifamily building. That could change, because single-family rents are growing at a noticeably faster annual pace.
Notable Housing Numbers From March 2018
What's the median home value in Tampa, the best market for first-time homebuyers? What share of her income does a homeowner pay for a typical home in Oklahoma City, the most affordable market in the country? How much does the average homeowner spend on closing and other "hidden" costs of selling a home? We have the answers!
Why Late Spring Is the Best Time to List a Home For Sale
Nationwide, the first half of May is the best time to list a home for sale in order to maximize sale price and minimize time on market. U.S. home sellers listing in early May can expect to sell almost two weeks sooner and for a $2,400 premium, on average, over listing at other times of the year.
Global Tumult Helps Keep Mortgage Rates Low
Just as macroeconomic fundamentals are poised to push rates higher, geopolitical fears seize the headlines, prompting a financial flight to safe assets and pushing mortgage rates downward.
January Case-Shiller Results and February Forecast: Prelude to Home Buying Season Already Hot
Home prices in Seattle, Las Vegas, and San Francisco posted the highest annual gains among the 20 cities, rising 12.9 percent, 11.1 percent and 10.2 percent, respectively.
What Are the Hidden Costs of Selling a Home?
The biggest “hidden” expenses are closing costs, which total $13,357 for the median-valued U.S. home. In San Jose, closing costs for the median valued home total $74,927, while in Indianapolis – which is in a state with no transfer tax – they total $8,604.
February Existing Home Sales: Rebounding Despite Bad Weather
Sales likely would have been stronger if it were not for weather-related disruptions in the Northeast and Midwest.
