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News

14 February 2020

Home Price Hikes Widen Sellers’ Advantage

REALTOR Magazine The majority of metro areas saw home prices rise in the final quarter of 2019 as housing inventories remained constrained and buyer demand stayed high, according to the National Association of REALTORS®’ latest quarterly report. Median single-family home prices rose annually in 94% of the markets NAR tracked in the fourth quarter, or 170 […]

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14 February 2020

U.S. Home Prices Jump In Q4 As Housing Inventory Continues To Fall

HousingWire Home prices climbed 6.6% annually to $274,900 in the fourth quarter of 2019. The national median existing single-family home price climbed 6.6% annually to $274,900 in the fourth quarter of 2019, according to the National Association of Realtors. During the quarter, home prices increased in 94% of measured markets, equating to 170 out of 180 […]

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13 February 2020

The #1 Reason to List Your House Right Now

KCM The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite […]

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13 February 2020

Mortgage Rates Tick Up Slightly, Remain At Historic Lows

Freddie Mac  Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that the 30-year fixed-rate mortgage (FRM) averaged 3.47 percent. “With mortgage rates hovering near a five-decade low, refinance application activity is once again surging, rising to the highest level in seven years,” said Sam Khater, Freddie Mac’s Chief Economist. “This surge […]

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13 February 2020

Almost Half Of Homeowners Plan To Move This Decade

HousingWire There’s about a quarter who say they don’t know if they’ll plan to move or not. his decade is all about out with the old and in with the new. According to a new survey from LendingTree, 45% of homeowners have plans to move at some point in the new decade. Of the homeowners who said they […]

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13 February 2020

The Longest Job Boom Ever Is Exactly What Housing Needed

HousingWire Job and economic expansion is boosting the next wave of first time and move-up homebuyers. For 10 years, I have held a core belief that the U.S. housing market would not fully recover in terms of mortgage demand until sometime between 2020 to 2024. From the span of 2008 to 2019, we had the […]

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12 February 2020

Home-Buying Season Definitely Started Early This Year

HousingWire The Refinance Index climbs to the highest level since 2013. Typically, spring homebuying season starts in earnest as the calendar ticks toward March, but homebuyers are seemingly getting an earlier start this year, perhaps driven into the market by low mortgage rates. Now, a new report from the Mortgage Bankers Association shows that spring homebuying season officially began […]

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12 February 2020

Q4 Showed Luxury Home Price Growth

HousingWire The start of 2020 was stronger than 2019. In the fourth quarter of 2019, according to a report from Redfin the average sale price for luxury homes across the U.S. rose 1.6% year over year, to $1.63 million. This is the largest gain since Q4 2018. “Demand for luxury is improving. That’s showing up primarily […]

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12 February 2020

Boom: Mortgage Lending Just Had Its Biggest Quarter In 14 Years

HousingWire Originations climb to highest level since 2005. It probably won’t come as a surprise to those in the mortgage business that the fourth quarter of 2019 was a big one, considering that originations continued to rise throughout the year thanks to near-historic lows in mortgage rates. But just how big the fourth quarter actually was […]

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12 February 2020

What You Need To Know About Investment Property Taxes

Inman News Rental income is taxable, but you may be able to take a lot more deductions than you realize, which can save you big come tax day. The deadline to file taxes for U.S. residents is just over two months away. If you own an investment or rental property, it can get a bit more […]

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