Home prices reached an all new high across the U.S. in June, according to the latest index released from S&P Dow Jones and CoreLogic. Nationally, home prices increased 5.8% from June 2016, up from May’s gain of 5.7%, to hit 192.6, an all new high, according to the S&P CoreLogic Case-Shiller U.S. National Home Price
Home prices increased from last month, reaching another all-new high, according to the monthly Home Price Index released by Black Knight Financial Services. Home prices increased 0.9% from May to $281,000 in June, setting yet another all-new peak for home prices. This represents an increase of 6.2% from last year, according to the report. The
As the new school year gets underway, the nation’s housing market isn’t expected to improve much, with inventory shortages and rising home prices likely to continue. The names at the top of the list for the hottest housing markets in August should look pretty familiar except for one housing market that made a surprising jump,
The National Association of Realtors reported existing home sales decreased 1.3% to its lowest level in a year, a move that economist said while disappointing, was not unexpected. One economist explained this low level of home sales since last year as it struggles against low inventory levels. “Today’s existing home sales data was disappointing, if
Late last week, Freddie Mac announced it would be extending its appraisal-free mortgage program to purchase loans starting September 1, 2017. Fannie Mae’s announcement quickly followed, offering its product effective immediately. But what does that mean exactly? Who qualifies? Are the GSEs moving to take appraisers out of the home buying process? At HousingWire, we
Affordability is a problem that plagues homebuyers and renters in most areas of the U.S., but the Military community could be some of the worst hit as home prices continue to increase. Military families don’t get to choose what city they live in, or when they will move there. As a result, they can’t choose
New home sales plummeted in July from both the month and year before, according to the latest joint report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Sales of new single-family houses decreased to a seasonally adjusted annual rate of 571,000 in July. This is down 9.4% from June’s
Home prices increased in the second quarter, but moved only slightly from May to June, according to the House Price Index from the Federal Housing Finance Agency. The HPI increased 1.7% from the first quarter to the second quarter of 2017, and increased 6.6% from the second quarter last year. However, the seasonally adjusted month
You’ll never see them do it on a TV design show. You won’t hear a contractor propose it. And you sure won’t find an aisle devoted to it at your home improvement store. In fact, it feels a little bit naughty to talk about – almost a taboo. But you should consider it anyway: painting
As housing costs increase across the U.S., it seems that renting a home is becoming a luxury for the middle and upper class. No really. A new report from the National Low Income Housing Coalition entitled Out of Reach 2017 the High Cost of Housing, showed workers earning the federal or state minimum wage and