News

News

8 August 2019

Metro Home Prices Increase in 91% of Metro Areas in Second Quarter of 2019

National Association of Realtors Most metro areas saw price gains under marginal inventory growth in the second quarter of 2019, according to the latest quarterly report by the National Association of Realtors®. Single-family median home prices increased year-over-year in 91% of measured markets in the second quarter, with 162 of 178 metropolitan statistical areas1 showing sales price gains. […]

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8 August 2019

Fewer Foreclosures Nationwide, but Local Market Outliers Surface

RIS Media In 5 Major Markets, Foreclosure Starts Tick Up   In the first half of 2010, foreclosures peaked at 1.6 million-plus properties. In the recovery since, foreclosures have plummeted 82 percent, according to a new report. Credit: ATTOM Data Solutions   In the first half of 2019, foreclosures hung on over 295,000 properties, according to […]

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6 August 2019

Fabulous New Listing with Stunning Views!

Santa Fe Beautiful Homes Captivating and Dramatic Tesuque Residence with Stupendous Sangre de Cristo Views! With two deeded lots comprising 8.3 acres, this stylish and sophisticated, all single-level home only five minutes from the historic Santa Fe Plaza sits high on a ridge with spectacular panoramic mountain vistas. Beautiful wood floors and sensuous plaster walls […]

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4 August 2019

Open House Today ~ Healthy Home! Built Entirely Non-Toxic, Green and Sustainable

Santa Fe Beautiful Homes La Barbaria Road has finally been paved! Come see this unique and beautiful residence. OPEN TODAY 1:00 – 3:30. This home is built entirely of non-toxic materials – a healthy house and self-sustainable, utilizing solar photovoltaic and thermal panels for power and heating, a well with solar backup power, organic gardens […]

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3 August 2019

Fed Cuts Interest Rates: What it Means For The Housing Market

Inman News The Federal Reserve cut interest rates for the first time since the recession. Will mortgage rates dip further? The U.S. Federal Reserve announced Wednesday it would cut interest rates for the first time since a recession hit the U.S. economy in 2008. Real estate economists are split on the immediate impact it will have on […]

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2 August 2019

Where Are We Now? Data Shows Substantial Housing Progress Post-Recession

RIS Media Since the recession, the U.S. real estate housing markets have undergone a significant transformation, creating a booming real estate industry that is almost unrecognizable to the one we had just a decade ago. June marked the longest period of economic expansion for the country, reaching 121 months. What’s happened in that time? According […]

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1 August 2019

Mortgage Rates Remain Flat

Freddie Mac  Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that the 30-year fixed-rate mortgage rate sat at 3.75 percent. Sam Khater, Freddie Mac’s chief economist, says, “Mortgage rates have essentially stabilized over the last two months, which reflects the recovery and improvement in the economy from the malaise earlier in […]

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31 July 2019

Fed Announces Cut—What Will Happen to Mortgage Rates?

Inman News In an anticipated move, the Federal Reserve issued their FOMC statement today and cut the federal funds rate on Wednesday, decreased to the 2 percent to 2.25 percent range—a bid to preempt a possible recession. Why? At the conclusion of the Fed’s June meeting, the agency had hinted at a rate reduction, citing indicators of […]

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30 July 2019

Home Price Gains Dip In May But Rise 3.4% Annually: Case-Shiller

Inman News The ‘broad-based moderation’ of home prices continues, according to S&P Dow Jones Indices’ Philip Murphy. Home prices climbed 3.4 percent year-over-year in May, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday. The smaller appreciation follows a similar trend of slowing home price gains in recent months. “Nationally, year-over-year […]

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30 July 2019

Pending Home Sales Snap 17-Month Streak Of Annual Declines And Climb 2.8% in June

National Association of Realtors In June, the National Association of Realtors’ forward-looking indicator climbed 1.7% year-over-year. Pending home sales continued to ascend in June, marking two consecutive months of growth, according to the National Association of Realtors®. Each of the four major regions recorded a rise in contract activity, with the West experiencing the highest […]

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