The national median home value during October reached $203,400, which is $12,500 or 6.5 percent higher than it was one year ago, according to new data from Zillow.   The spike in median home value is being attributed to a low inventory. Zillow... Read More

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are... Read More

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association... Read More

Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com, “Nearly 1 in 5 Americans... Read More

Knowing the right time to buy Experts say the right time to buy a home is when you feel right about purchasing. That means being financially and emotionally ready, of course. And this could be the best time of year to buy a home and hit both of... Read More

Sellers, buyers, renters all confident The housing market is on an upswing — at least that's what most American buyers, sellers and even renters think. According to Fannie Mae's Home Purchase Sentiment Index (HPSI), all three are... Read More

Prepare to close on your home purchase Nationwide, nearly six million new and existing homes are expected to be sold this year, the largest tally in nearly 10 years. Meanwhile, each transaction will culminate in a "closing", the legal... Read More

Married couples once again dominated the first-time homebuyer statistics last year at 66% of all buyers, according to the most recent Profile of Home Buyers & Sellers. It is no surprise that having two incomes to save for down payments and... Read More

The neighborhood matters When you ask a real estate agent the three most important things about any home, she's likely to reply, "Location, location, location." Before you buy a new home, you should carefully check out the neighborhood to which you... Read More

In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now,... Read More

Over the next five years, home prices are expected to appreciate 3.64% per year on average and to grow by 18.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean... Read More

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred... Read More

We previously informed you about a study conducted by TransUnion titled, “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that 1.5 million homeowners who were... Read More

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a... Read More

Recent headlines exclaimed the homeownership rate, as reported by the Census Bureau, rose again in the second quarter of 2017. What didn’t get much attention in the reports is that the homeownership rate for American households under... Read More