April Case-Shiller Results: Cooling Off
High demand from home buyers and a limited supply of homes for sale are the main ingredients in the recipe for rising home prices.
May New Home Sales: On the Rebound
The number of new homes for sale increased by 4,000 units (1.5 percent) from April to 268,000 units (SAAR), its highest level since July 2009, but still low by historic standards.
Rapid Reaction: May New Home Sales
May new home sales rose 2.9 percent from April and 8.9 percent from a year ago, according to the U.S. Census Bureau, to 610,000 units (SAAR). Initially reported sales figures from prior months were also revised upward.
May 2017 Market Report: Inventory Falls at Fastest Pace in Years
As the national median home value approaches $200,000, the number of homes hitting the market drops at its fastest pace in almost four years.
Housing Data 101: Why Is the Market So Hot?
Being a home buyer in many markets these days is harrowing. Sellers are in control, with buyers forced to contend with cutthroat competition and intense pressure to make a deal.
May Existing Home Sales: A Surprise on the Upside
The median price of existing homes sold in May retreated 0.8 percent to $242,800 from the all-time high reported in April, the biggest month-over-month decline since October 2013. It was still up 5.8 percent from a year ago.
Rapid Reaction: May Existing Home Sales
May existing home sales rose 1.1 percent from April and 2.7 percent from a year ago, to 5.62 million sales (SAAR), according to the National Association of Realtors.
May Home Sales Forecast: New Home Sales Should Rebound as Existing Sales Stagnate
Existing homes sales in 2017 have been volatile, rising in one month and falling the next. We expect a slight drop for May, with a rebound in new home sales.
Return on Rent: In Most Major Markets, Most Homes Can Be Rented Out for A Profit
Mom-and-pop real estate investors looking to buy a home and rent it out for a profit essentially can’t go wrong purchasing a large majority of homes in most major markets nationwide – except for a handful of metros largely clustered along the West Coast and Northeast.
Whole Foods & Trader Joe’s Provide a Healthy Boost to Nearby Homes
We’ve proven that homes near a Starbucks appreciate more quickly than both the typical U.S. home and homes near rival Dunkin’ Donuts, giving you and your barista something interesting to discuss while your half-caff vanilla soy latte brewed. But what were you supposed to say to the cashier at Whole Foods when purchasing your favorite organic camel’s milk to top off your latte?
