Items Tagged with 'Realtordotcom'

ARTICLES

  • After months of setbacks, housing starts rise nearly 6%

    Single-family construction up 6.2% from previous month
    Housing starts rose nearly 6% in April, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce. Realtor.com Senior Economist George Ratiu said from rising inventory to lower mortgage rates and higher consumer confidence, new housing construction mirrored improvements in the housing market.
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  • Bring on the refis: Freddie Mac expects mortgage rates to remain low all year

    The 30-year fixed-rate mortgage is projected to average 4.3% in 2019
    Low mortgage rates are expected to boost homebuyer affordability for the remainder of 2019, according to Freddie Mac’s April Forecast. In fact, Freddie Mac Chief Economist Sam Khater said low mortgage rates and stronger wage growth translate into better home sales in the coming months, along with better than expected refinance activity for the rest of the year.
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  • Falling mortgage rates propel 4.5% growth in new home sales

    Sales rise 3% above 2018 levels
    In March, new home sales rose 4.5% from February’s revised rate of 662,000, according to the latest report from the Census Bureau and the Department of Housing and Urban Development. Despite this growth, Navy Federal Credit Union Corporate Economist Robert Frick says there are still far too few homes being built.
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  • Want to sell your home for more? Go green

    More than 80% of homebuyers say energy efficient features are a must
    Going green pays, especially if you’re trying to sell your home, according to a recent Zillow analysis. The study found that homes with solar energy systems sold for 4.1% more on average than their counterparts in 2018.
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  • Average home listing price reaches all-time high

    Home prices projected to set new records in 2019
    In March, the average American home listing price climbed to $300,000 for the first time ever, according to Realtor.com’s Housing Trend Report. Realtor.com Chief Economist Danielle Hale said the typical U.S. home list price has set a new high right on the cusp of the spring homebuying season.
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  • Want to sell your house? List in the 1st week of April

    Here's why this week is the best time to put your house on the market this year
    The first week in April is the best time to list your house. Why? There is a confluence of factors that reach a fever pitch during this specific week to make it ideal for home sellers. Namely, high buyer demand, limited competition, quick sales and strong prices. Realtor.com breaks it down, and the calculable advantage for sellers who list now may surprise you.
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  • Homebuyers remain optimistic despite rising recession fear

    45% of home shoppers feel more optimistic about homeownership after 2008 recession
    America is in the midst of an economic downturn, which is now projected by some to become a full-blown recession. And although the housing market is beginning to experience the wrath of a slowing economy, a new report from Realtor.com suggests homebuyers remain hopeful.
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  • Spring homebuyers likely to grapple with affordability

    Nearly half of shoppers are looking for homes priced at or under $200,000
    Spring home-buying season is officially here, and homebuyers across the country are now projected to dominate the market. But as homeownership demand heightens, new survey data from Realtor.com suggests many prospective buyers will grapple with housing affordability.
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  • NAR: Monthly existing home sales reach four-year high

    Each region but Northeast experiences an increase in sales activity
    In February, existing home sales experienced their largest monthly gain since December 2015, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said a powerful combination of lower mortgage rates, more inventory, rising income and higher consumer confidence is driving the sales rebound.
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