News

News

17 July 2018

Single-Family Rentals Continue To Surge In Price Nationwide

Inman News Las Vegas, Phoenix and Orlando experienced the highest rent hikes, tallying increases of more than 5%. Renters nationwide are out of luck — the average cost of rent jumped nearly 3 percent in April to an average of $1,405, according to property analytics provider CoreLogic’s Single-Family Rent Index, released Tuesday. Nationwide, median rent […]

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16 July 2018

Breaking Down the Hottest Patio Trends This Summer

RIS Media by John Voket Summer patio season is ramping up. The experts at Infratec say that outdoor design trends for 2018 are all about incorporating affordable luxury into your own backyard by turning your patio into a peaceful, lush oasis through low-maintenance water fixtures, a color refresh and vintage materials. The company sees many […]

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16 July 2018

Does a For Sale Sign Help Sell a House?

The New York Times by Lisa Prevost A planned ban on For Sale signs in New Canaan, Conn., hadn’t even begun before it was over. The New Canaan Board of Realtors had publicly announced the six-month trial ban in early June, citing the dramatic shift toward online house-hunting and a desire among its members to […]

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16 July 2018

The Rise of the Older, Single Female Home Buyer

The Wall Street Journal by Katy McLaughlin Unmarried women over 55 is one of the largest, and fastest-growing, demographics of home buyers. With longer lifespans and careers, many look for homes with ‘no bad memories’. Leah Hoffman was looking for a house to start the next phase of her life. She doesn’t need a lot of […]

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16 July 2018

Buying a Home Sight Unseen

The New York Times by Candace Jackson Virtual tours make it easier, but how can you tell from FaceTime if the basement is damp? Zack Fountas bought a new one-bedroom apartment in White Plains, N.Y., from his home in Chicago, without ever having set foot inside the building. The 850-square-foot apartment is within walking distance […]

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12 July 2018

Mortgage Rates Inch Higher

Freddie Mac Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that mortgage rates slightly moved up over the past week. Sam Khater, Freddie Mac’s chief economist, says mortgage rates were mostly unchanged, but did tick up for the first time since early June. “The 10-year Treasury yield continues to hover along the […]

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6 July 2018

Are We In A Housing Bubble? It Depends On Who You Ask

Inman News Despite declines in 3 key housing market indicators, most real estate economists say nay to the bubble — but one argues an ‘apartment bubble’ is gaining momentum. It’s a question that resurfaces every economic cycle, creeping into the psyche of the real estate industry like English Ivy along the edges of a home. […]

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6 July 2018

Unemployment Rate Climbs To 4% In Latest Jobs Outlook

Inman News Real estate industry added 3,800 jobs in June. Nonfarm payroll employment increased by 213,000 in June, but overall unemployment in the country rose 0.2 percent to 4 percent last month, according to the latest data from the U.S. Department of Labor’s Bureau of Labor Statistics. The total number of unemployed persons in the […]

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6 July 2018

Home Prices Hit 4-Year High, Projected To Skyrocket In 2019

Following an all-time high over the winter of $285,700, housing prices shot up in May by 7.1 percent year-over-year, the largest spike in four years, according to . . .

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5 July 2018

Mortgage Rates Continue Recent Decline

Freddie Mac 5 July 2018 Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that mortgage rates over the past week maintained their recent slide. Sam Khater, Freddie Mac’s chief economist, says after a rapid increase throughout most of the spring, mortgage rates have now declined in five of the past six weeks. […]

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