Real Estate News

Feb. 26, 2021

When Will Housing Market Begin To Cool?

High buyer demand and low for-sale inventory have made for a hot housing market. Homes are selling quickly and buyers are having to compete for available listings. But, according to the most recent outlook from Fannie Mae's Economic and Strategic Research Group, the market is expected to cool off at …

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Feb. 24, 2021

Home Prices Have Best Year Since 2013

The S&P Case-Shiller Home Price Indices has collected home price data for the past 30 years and is considered among the leading measures of U.S. home values. Their most recent release, which covers data through the end of 2020, shows last year's home-price performance was one of the best in …

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Feb. 22, 2021

71% Of Homes Sell In Less Than A Month

The typical home for sale was on the market for just 21 days in January, according to the National Association of Realtors. That's down from 43 days one year earlier. It's yet another sign that fewer homes for sale has caused the homes that are for sale to sell quickly. …

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Feb. 19, 2021

Builders Confident In New Home Market

Home builders know the housing market. Their business depends on it. That's why the National Association of Home Builders keeps a monthly measure of how confident they are in the market for newly built single-family homes. If builders are optimistic, chances are the market is doing well. In February, the …

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Feb. 17, 2021

Asking Prices Surpass Last Year's Peak

Generally speaking, home prices rise more than they fall. If you look at year-over-year data, you'll see home prices increase a few percentage points almost every year. There are, of course, exceptions, but homeownership got its reputation as a safe investment for good reason. So the real question is by …

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Feb. 15, 2021

Million Dollar Home Searches Are Increasing

There are many ways to measure housing market activity. You can look at it geographically and compare how one region's homes are selling compared to another's. Or you can look at it historically and compare today's numbers to the past. You can also look at it based on price range. …

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Feb. 10, 2021

Americans Say Now Is A Good Time To Sell

Fannie Mae's Home Purchase Sentiment Index surveys Americans each month to gauge their feelings about the housing market and their personal financial situation. The survey asks participants for their opinion on mortgage rates, home prices, their income, job security, and whether they think now is a good or bad time …

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Feb. 8, 2021

Hot Market Means Competition For Available Homes

Spring is typically the season when the housing market heats up. And, while it's still more than a month away, prospective buyers hoping to start their home search in the coming weeks should be prepared. The winter market hasn't ever really cooled down and it's a good sign that it'll …

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Feb. 5, 2021

Are The Suburbs Really More Affordable Than Cities?

A lot has been written about how the coronavirus and remote work have led home buyers to flee urban centers and head to the suburbs. The idea that Americans – who can work from home and no longer have to worry about their commute – are leaving expensive city centers …

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Feb. 3, 2021

Low Winter Inventory Means Faster Sales

When there are fewer homes for sale, the homes that are available sell quickly. That's no surprise. It's common sense. And, since inventory has been low for quite a while now, the challenges of rising prices, intense competition, and bidding wars are familiar to anyone who has recently looked for …

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