Items Tagged with 'Home Price'

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Freddie Mac: Low interest rates help keep housing on track

Homeowners avoiding cash-out refinances
Freddie Mac’s recent report gives a glimpse of trends in the housing market, as well as what to look for in the coming months. "Despite the increase in cash-out refinances in the recent quarters, there is little risk of over leveraging in the conventional conforming prime market,” Freddie Mac Chief Economist Sean Becketti said. Click to read more about Becketti's call.
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Existing home sales grow at highest pace in 9 years

Housing market still needs more recovery
Despite rising home prices and lack of inventory, existing home sales in May grew at their fastest pace in almost a decade. Not everyone, however, sees this as good news for the market. Zillow's chief economist points out that, while encouraging, the market still has a long way to go.
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3 reasons why California housing is about to grind slower

Realtors report selling homes fast, for now
Homes sales in California increased again in May for the third straight month, but this could all change due tight housing inventory and reduced affordability. The California Association of Realtors' vice president and chief economist gives these 3 reasons for why the Golden State's housing market will grind slower for the remainder of the year.
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Redfin: Homes now selling faster than ever

Americans are leaving the big cities in droves
Many things are contributing to the fast-moving housing market, including home prices, inventory and low interest rates. Some smaller housing markets are even shocked at the changes; Americans, it seems, are fleeing big cities.
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