National News
While the price of building a new home may be more than the cost to buy a pre-owned one, building a home allows buyers to design the home with the features they want. According to a Trulia study, 41
It’s widely known that the cost of living in certain U.S. cities can be far higher, or lower, than average. While it’s a little more contentious, it’s also generally accepted that owning a home leads to lower costs than
While the price of building a new home may be more than the cost to buy a pre-owned one, building a home allows buyers to design the home with the features they want. According to a Trulia study, 41
Builders continue to show confidence in the 55+ housing market as the second quarter index increases to 67, one point up from last quarter. According to survey results, the National Association of Home Builders (NAHB) 55+ Housing Market Index
Zillow Group has announced its acquisition of Mortgage Lenders of America, and will use the company for its Zillow Offers program. The Zillow Offers feature started last year as Instant Offers and allows Zillow to buy and sell homes. The
Owning a home is a substantial part of the American dream. People have their dream homes that change and grow with the times. A new report from Porch predicts what new housing trends will dominate the housing market in
Wells Fargo agreed to pay a $2.1 billion fine in order to settle allegations of misrepresenting the types of mortgages the company sold to investors during the housing crisis, according to the Chicago Sun Times. Although the amount seems
The Great Recession hit all generations hard, but now experts are finding that those affected by the recession are on the ups. Millennials, Gen Xers, Baby Boomers and the Silent generations all experienced hardships as a result of the
The U.S. Census Bureau’s latest report on the national homeownership rate updated through the second quarter of 2018 showed no statistically significant change in the figure from the previous quarter or the same time last year. The rate stood
Many homebuyers are willing to compromise on almost anything except location. But according to new survey data from realtor.com, location has become synonymous with school district. Of all successful buyers surveyed, 73 percent say school boundaries are “important” to
As home prices continue to reach record-high levels, even modest increases in the inventory of homes for sale have not been enough to improve the picture for homebuyers in the second half of 2018. But winds could be shifting
There was an increase in single-family home starts in 2017 compared to the year prior, but the national average still fell short of normal levels seen before the recession. The 2017 Survey of Construction, released by the National Association
In a last-ditch effort to maintain some sort of flood insurance for homeowners, Senate passed another short-term extension of the National Flood Insurance Program (NFIP) on the day that the current program was set to expire, according to HousingWire.
Redfin unveiled a new metric, the Redfin Compete Score, which ranks cities based on how competitive the homebuying market is in that area. The scale ranges from not very competitive, where multiple offers are rare and homes take months
The National Association of Realtors membership grew this year, jumping from 1.22 million in March 2017 to 1.30 million in April 2018. Overall, the2018 National Association of Realtors Member Profile suggests that new members are more diverse than their
The worst of 2018’s inventory crunch may be coming to an end, according to recent data from the NAR’s pending home sales report. Nationally, the pending home sales index (PHSI) saw a 0.9 percent uptick in June, jumping from