See How Million-Dollar ZIP Codes Have Changed Since 2007
More than one in 25 ZIP codes has a significant portion of homes worth at least $1 million -- and most of the ZIP codes in tech hubs San Francisco (74 percent) and San Jose (77 percent) are million-dollar ZIP codes.
Recession Could Hit by Late 2019, Experts Say
A panel of economists and experts says there’s a 52 percent probability of the next recession starting by the end of 2019. That probability jumps to 73 percent for a recession starting by the end of 2020.
Hidden Costs of Homeownership Top $9,000 a Year
Prepare yourself by knowing the less-obvious costs of owning a home. Insurance, maintenance and more add up faster than you think.
A Turning Tide? U.S. Homeownership Rate Climbs in Q2 as Rental Vacancies Mount
After a decade in which essentially all household formation was among renters, the most recent homeownership data provides a faint signal that the market may be turning. Between Q2 2016 and Q2 2017, the number of owner households increased 1.7 percent while the number of renter households fell by 1.6 percent.
As the U.S. Dollar Strengthens, How Do Foreign Buyers Respond?
As the U.S. dollar has strengthened over the past few years, foreign buyers of U.S. homes have responded to the squeeze in different ways. Buyers from some countries have adjusted their sights lower and responded by shopping for less expensive homes, while others have likely dropped out of the market altogether allowing their better-heeled countrymen to seek more expensive places. And still others seemingly haven’t adjusted their behavior at all.
Inventory Is Down, But Listings Aren’t (June 2017 Market Report)
Inventory is tight and home values are rising, and it’s easy to assume that the main culprit for shrinking inventory is a shrinking number of homes being listed for sale. Easy, but wrong.
Housing Data 101: What is Negative Equity?
When a home falls in value to the point where it is worth less than the amount its owner owes on his mortgage, it falls into negative equity. This can happen in any economic downturn, regardless of severity or duration. But given both the unprecedented severity and duration of last decade’s downturn, negative equity grew like it was on steroids.
Typical U.S. Home Sellers Gained $39,900 Last Year. See How They Did in Your Market.
Homeowners who sold in 2016 made 3.4 percent a year, the highest gain for home sellers since 2007, when the typical gain was $47,500. Typical sellers in 2016 also owned their homes for seven years and five months at the mid-point – the longest period in decades.
A Picture’s Worth: Need a Reason to Name Your Child Stuart or Alison?
What's in a name when it comes to home? Lots, it turns out. Annes own the highest-value homes in 10 states, and of all the homes owned by Salvadors nationally, 46.9 percent of those homes are in California.
Need a Reason to Name Your Child Stuart or Alison? They Own the Most Valuable U.S. Homes
What's in a name when it comes to home? Lots, it turns out. Annes own the highest-value homes in 10 states, and of all the homes owned by Salvadors nationally, 46.9 percent of those homes are in California.
