New data from the HPSI reveals that 46 percent of homeowners are optimistic about selling, which is an increase from 45 percent a month prior.

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Home prices across the country have risen by a total of 6.9% as of April of last year, and an additional 1.2% when compared to last month, according to CoreLogic’s Home Price Index ...

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According to a jobs report by the US Economy, 148,000 jobs were added in the month of December, with a stagnant unemployment rate of 4.1 percent. Average hourly wages inched to a nine cent increase, to [...]

The real estate market is not immune to the increasing popularity of cryptocurrency transactions. As popular cryptocurrencies like Bitcoin grow in value and the benefits of a secure, coded block-chain transaction gain prevalence, the real estate market is becoming slowly intertwined with the possibility of cryptocurrency-based sales and [...]

 

This week has seen a decrease in mortgage rates with the 30-year, fixed rate averaging 3.0%, down .02% from last week, according to the Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac. The 15-year, fixed rate is down from 3.32% to 3.30% as [...]

 

It’s no secret to brokers that the housing market has seen some short supply. The National Association of REALTORS® (NAR) recently reported a down of 10.4% from last year in the national inventory for pre-owned properties, but according to realtor.com® 2018 National Housing Forecast, groundbreaking is projected to increase to up to 3 [...]

 

In October, pending home sales have picked up steam, showing a 3.5 percent increase in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI), which posted 109.3 in October, an improvement from 105.6 in September, based on contract [...]

Real estate market sees increased home buying during the holiday months. 

According to CNBC, there has been a supply shortage of luxury homes in the US for the past two years. There was a 4.9 percent increase in values of the top 5 percent of homes sold in the third quarter of the year, according to Redfin, that stated the average of these homes was $1.71 million.

Luxury home prices across the globe continue to rise. 

Environmentally friendly homes are becoming less of a niche as the NAHB says they will make up half of the business of builders in five years.

How is Market Doing? Well, it seems to depend on what tier of the market you fall under.

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