National News
The Joint Center for Housing Studies at Harvard University recently analyzed the decline in U.S. mobility to determine possible reasons for the steady downturn in residential migration. It turns out everything from “house passion” to zoning laws to multi-generational housing could be to blame.
Although disappointing on its face, the news that sales activity declined in March compared to an unusually strong February wasn’t a shock to housing market experts.
Updates on Opportunity Zone rules, tax breaks The Treasury Department released a document April 17 offering the first detailed look into regulations it is proposing around the new Opportunity Zones program. Announced as part of the 2017 Tax Cuts
Researchers warn recent measures of the first-time buyer population may not be accurate, noting that estimates from the National Association of Realtors “reflect a relatively small sample of housing transactions and therefore may not be representative of the overall market.”
New trends emerge every year, and the start of the spring selling season is a great time to take stock of what will be in demand this year. Here are a few things that today’s high-end buyers are looking for.
NAR’s Home Buyers and Sellers Generational Trends Report is full of facts and figures, but we’ve focused on a topic that may be especially close to the hearts of agents: what buyers from these various generations think of you.
In the decade following the housing crisis, Hispanic and Latino populations accounted for the majority of growth in the U.S. homeownership rate, according to a recent report from the National Association of Hispanic Real Estate Professionals. The 2018 “State
Chase CEO urges mortgage reform In his most recent annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon expressed concerns about the current state of mortgage industry regulation in the U.S. “The country desperately needs mortgage reform,” Dimon wrote
The Census Bureau recently released a report for February 2019, showing a shortage of homes on the market. Despite a national drop in construction of new homes, a few cities have still been able to push permits for new
Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by
Housing affordability is an issue that dominates discussions of local politics, but the data on the topic can be hard to interpret. Studies from multiple sources regularly
April 15 this year marks the first Tax Day under the 2017 Tax Cuts and Jobs Act, one of the most significant overhauls of the federal tax code in decades. While Tax Day is the deadline for most Americans,
For real estate agents, spring may have arrived early this year. After a string of anemic reports through the winter, home sales numbers picked up across the U.S. in February. The National Association of Realtors reported that existing-home sales
Only 16 percent of buyers so far this month faced competition, according to a study by Redfin. That’s down from 61 percent over the same period last year, and it’s one more sign among many that buyers may be
The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home
First-time homebuyers hoping to utilize the popular Federal Housing Administration loan program may find it more difficult to be approved for a mortgage this year, as the agency moves to reduce growing risks related to the program. FHA loans