Items Tagged with 'Home Price'

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Trump’s crackdown on illegal immigration could drop home prices

Even legal immigrants backing out of homeownership
President Donald Trump’s policies cracking down on immigration could mean drastic changes to the housing market once the policies start taking effect. Even legal immigrants are showing more caution when it comes to buying a home, saying they are unsure about their future in the U.S.
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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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Home loans seriously underwater hit new low

Decreased by 1 million in past year
In 2016, the number of homes that are seriously underwater dropped by 1 million homes to a new low. Rising home prices and low inventory prices is causing home buyers to struggle, however current homeowners are reaping the benefits of this increasing equity.
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High-velocity housing market in Northwest continued during January

Pending home sales surpass new listings
Housing inventory continues to slip in the Northwest, pushing home prices even higher. But experts say this high velocity market is unlikely to end anytime soon, citing the combination of new jobs, a shortage of new homes, and a reluctance of sellers to list their home for fear of not being able to find their next one.
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Realtors: Majority of metros hit peak levels in 2016

Housing supply hit record lows
In 2016, the housing market saw existing home prices hit new highs in many markets, and housing inventory hit new lows. While this sounds great for sellers, homebuyers struggle to find an affordable home. NAR explains when homebuyers should start searching for a home to avoid competition and get the best price.
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Housing shortage and high home prices hit these 10 markets hardest

Trulia report shows most mismatched markets
Inventory shortages and high home prices plague the housing market as homebuyers struggle with the competition to find a home. Many markets have a surplus of premium homes and a shortage of starter and trade-up homes. Trulia outlines the nation’s top-10 metros with the most mismatched housing markets.
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CoreLogic: Home prices jump 7% in December

Increase projected to slow next year
Home prices finished 2016 with a bang, increasing over 7% annually. However, CoreLogic forecasts home price increases in 2017 to continue due to low inventory and high demand, but they will be more subdued.
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