Washington, November 02, 2009 Pending home sales rose again, marking eight consecutive monthly gains – the longest streak since measurement began in 2001, according to the National Association of Realtors®. More... Read more
Washington, October 30, 2009 The resolution would extend the present loan limits for FHA, Fannie and Freddie through the 2010 calendar year at 125 percent of local median home sales prices, up to a maximum of $729,750 in high-cost areas. The floor for FHA is $271,050; the floor for Fannie Mae and Freddie Mac conforming loan limits is $417,000. More... Read more
Washington, October 20, 2009 Consumers are just starting to see the first glimmers of a bright future for the housing market and the overall economy. It’s up to Congress to make that glimmer a reality by building on the momentum created by the $8,000 home buyer tax credit. More... Read more
The homeownership rate (67.6 percent) for the current quarter was not statistically different from the third quarter 2008 rate (67.9 percent) or from last quarter's rate (67.4 percent).
Sales of new one-family houses in September 2009 were at a seasonally adjusted annual rate of 402,000. This is 3.6% below the revised August 2009 estimate of 417,000.
Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time. Read more
Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one. Check out this CNN Money article with the details. Read more
With home prices down across most of the country, home sellers can’t afford to make mistakes when getting their home ready to list. What are the 4 best updates for owners who are tight on cash? More...
Unless you’re one of the few Americans who doesn’t use credit cards, you’ll see some big changes on Feb. 22, 2010. Learn how provisions of the Credit Card Act of 2009 will affect the way you receive credit and interact with your credit-card issuer. More...
Football season is in full force and fans are cheering for their professional and college teams all over the country. But where are the best cities for fans of football … and basketball, hockey, baseball and more? More... Read more
Have you been eyeing certain properties with gorgeous views, sprawling grounds, 5+ bedrooms? Check with your Realtor because the recession has slashed prices. It's time to buy your dream mansion. More... Read more
There will be a time in your life when you need offsite storage for some or all of your household items. Learn what to look for when choosing a facility to keep your belongings safe and secure. More...
WASHINGTON (January 22, 2016) — Existing-home sales snapped back solidly in December as more buyers reached the market before the end of the year, and the delayed closings resulting from the rollout of the Know Before You Owe initiative pushed a portion of November's would-be transactions into last month's figure, according to the National Association of Realtors®. Led by the South and West, all four major regions saw large increases in December.
REALTORS® who responded to the November 2015 survey expected prices to increase by 3.2 percent over the next 12 months (3.2 percent in October 2015; 3.0 percent in November 2014).9 REALTORS® expect the recent strong price growth to moderate as rising prices have made homes "unaffordable” for many, according to the November 2015 REALTORS® Confidence Index Survey Report.
The homeownership rate in the fourth quarter 2015 was 63.8 percent, down 0.2 (+/- 0.4)* percentage points from the fourth quarter 2014 rate of 64.0 percent. The homeownership rates in the Northeast, Midwest, South and West were not statistically different from the rates in the fourth quarter 2014.
Sales of new single-family houses in December 2015 were at a seasonally adjusted annual rate of 544,000. This is 10.8 percent (+/- 17.1%)* above the revised November 2015 estimate of 491,000.
It's not the most popular time to buy a home, but you may be better off financially if you buy as soon as you can, according to our chief economist.
If your dream home is head and shoulders above the rest, it's a sign that you probably shouldn't buy it.
Winter landscaping is far from an oxymoron—it's a necessity. Here are some easy solutions to improve the appearance of your frozen yard this winter.