Items Tagged with 'home values'

ARTICLES

  • Average home lost $2,440 in value since this summer

    Property values deflate as home price growth declines
    In December, the average home declined 0.8% in value since August 2018, equating to a loss of $2,440, according to the latest report from Black Knight. The data provider estimated that home prices appreciated 4.6% in December, down from a high of 6.8% in February 2018, and predicted January numbers will follow a similar trajectory.
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  • Zillow: Slowing rent growth signals stability in multifamily

    As rent growth tapers off, market moves toward equilibrium after hitting peak in 2016/2017
    Though rent growth is slowing, bringing with it fears of a big tumble in the multifamily market, Zillow’s research indicates the median rent is growing faster than it was last year and that current conditions signal stability rather than a crash.
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  • Will tax reform harm the housing market?

    Depends on where you live and how much you make
    For the most part, the latest tax reform will boost the average paycheck and do little to harm the housing market. However, according to two recent expert reports, the devil is in the details.
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  • Who owns the data relating to an appraisal?

    The appraiser, the AMC or the homeowner?
    [Commentary] Being part of a webinar panel for HousingWire recently the discussion revolved around AMCs, fees and eventually technology. Some cogent questions were raised about who owns the data relating to an appraisal as well as how technology will change the industry. In my personal opinion and this is varied, the data belongs to the client.
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  • Trulia: Majority of homes remain priced below pre-recession peak

    Just 34.2% recovered values after housing crisis
    Many reports show home values soaring to new heights and surpassing pre-crisis peaks. However, Trulia’s new study shows that while the median home price is up, the majority of homes are still lagging behind their pre-recession levels. In fact, all homes may not regain their full pre-recession value until about 2025.
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  • Home prices rising, yes, but not as fast as homeowners think

    Homeowners and appraisers disagree on home values
    Quicken Loans released its monthly Home Price Perception Index, which showed while home prices are increasing, it is not as fast as homeowners think. This is the fourth consecutive month the gap between homeowner opinions and appraised values increased. The index shows, however, this doesn’t hold true for the West Coast.
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  • Black Knight: Home prices so close to a new national peak

    Hit records in eight of the 40 largest metros
    The Data & Analytics division of Black Knight Financial Services released its latest Home Price Index  report, based on November 2016 residential real estate transactions. The company finds that after rising 5.7% from the start of 2016, U.S. home prices are now within just 0.3% of a “new national peak.”
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