Items Tagged with 'home sales'

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Realtor.com: These are the top 10 suburban housing hotspots

More buyers look outside city as home prices rise
As home prices continue to increase, more homebuyers are being pushed out of urban areas and into the suburbs. In fact, about 50% of all homebuyers planning to buy a home this spring said they will purchase a home in the suburbs. In that spirit, here are the top 10 suburbs in the nation.
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Total value of homes sold in Northwest increases 18%+ in 2016

Closed sales transactions increase for the year
Home values increased in 2016, along with the number of homes sold throughout the year, leading to an increase of more than 18% in the total value of homes sold. The increase in sales, however, is not being replaced with new inventory as the housing shortage continues to grow.
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Ten-X: Housing slump may be temporary

Demand remains strong
Ten-X released its latest Ten-X Residential Real Estate Nowcast revealing a monthly decrease in December existing home sales. However, the jury is still out on whether the current slowdown is a seasonal blip or a more permanent trend.
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Rising interest rates already slowing home sales

Pending home sales fall to lowest level since January
Recent reports showed the impact of the post-election rise in mortgage interest rates on borrowers looking to refinance, with higher interest rates shrinking the pool of borrowers who have incentive to refinance. Now, the housing industry is getting its first look at how higher interest rates may also affect the purchase market, as a new report from the National Association of Realtors shows that pending home sales slowed in November to the lowest level since January.
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Here are 2016’s top 10 most popular homes for sale

Hint: No. 1 is the country’s biggest fixer-upper
As 2016 comes to a close, realtor.com put together a list of the year’s most popular homes for sale, as measured by clicks. Whether they're well known as movie locations or celeb homes, these houses captured the attention of many Americans this year. However, the attention didn't always translate to a sale.
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Bay Area suddenly heats up again

Home sales increase by 10% in November
After California’s recent cool-down in home sales, the Bay Area is heating up once again with increases in home sales during November. But is this a temporary post-election spike, or a new housing trend?
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