Items Tagged with 'Trulia'


  • Nick Bailey returns to RE/MAX as chief customer officer

    Bailey was previously with the company for nearly a decade
    Real estate industry vet Nick Bailey will be returning to RE/MAX as the chief customer officer, a newly created position. Before coming back to RE/MAX, Bailey was the president and CEO of Century 21 Real Estate. Bailey stepped down from that position earlier this year.
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  • Home inventory was flat in Q1 as listings lingered on market

    Trulia report shows high prices stunted demand
    The U.S. inventory of homes for sale was flat in the first quarter, compared with a year earlier, the first time since 2016 there wasn’t a decline, according to a Trulia report. Inventory increased in 50 of the nation’s 100 largest metro areas, up from just 19 areas one year ago.
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  • America’s teachers can’t afford housing and this is why

    Teachers struggle to afford most homes in the nation's largest housing markets
    The latest Employment Situation Summary report revealed the average American income has grown 3.2% over the year, rising four cents to $27.70 in April. Despite this financial boost, new data from Trulia indicates as home price acceleration outpaces wage growth, the nation’s teachers, first responders and restaurant workers struggle to afford to live in the communities they serve.
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  • This is how public transportation is transforming California's housing market

    The share of L.A. County listings mentioning transit-related keywords has doubled since 2013
    It's spring home-buying season and thousands of prospective buyers have taken to California's housing market. Although many factors will influence their purchasing decisions, new data from Trulia indicates that the percentage of Los Angeles homebuyers searching for homes near public transportation is on the rise.
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  • Trulia: This is how spring's housing market will fare

    Trulia says the market is in the early stages of a cyclical downturn
    Although several reports indicate the housing market is projected to heat up this spring, recent data from Trulia suggests the industry is currently experiencing the early stages of a cyclical downturn. However, despite this concern, Trulia believes the housing market still has the ability to come out on top.
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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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  • Spring isn't only for homebuyers, it's for remodelers, too

    Trulia says 90% of homeowners plan to remodel their homes
    Spring is just around the corner, and the housing market is gearing up for a hot home buying season. And while data suggest many Americans are likely to purchase homes, a recent survey from Trulia indicates a significant number of current homeowners will choose to remodel their homes instead.
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  • Housing starts tumble in December

    Fall 11.2% but post yearly gain
    Housing starts for the month of December took a tumble, according to the latest report from the HUD and the Dept. of Commerce. Starts fell 11.2% in December to a seasonally adjusted annual rate of 1.08 million units, according to the report, which was delayed due to the more than month-long partial government shutdown.
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  • NAR: Existing home sales slide further in January

    Northeast only region to see increase in sales activity
    For the third month in a row, existing home sales took a dive, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said January’s home sales of 4.94 million were the lowest since November 2015, but he does not expect the numbers to decline further going forward.
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  • More married homeowners are seeking roommates to cut costs

    More than 280,000 married American households live with a roommate
    As the cost of homeownership continues to price out many homebuyers, more and more Americans are looking for ways to cut costs. In fact, new data from Trulia reveals that in 2018, nearly 4.2 million U.S. households lived with a roommate or boarder.
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