National News
Townhouse construction continues to increase over the last four quarters. A total of 105,000 townhouse starts were accounted for, bringing a 7 percent increase into the first quarter of the year. Although starts were up during the previous four
The most recent quarterly survey by Zillow suggests that the U.S. will likely experience another recession come 2020. Pulsenomics LLC conducted a survey that asked more than 100 real estate experts and economists about their predictions for the housing
After two years, the difference between what buyers are looking for and sellers are providing is coming closer together, bringing the market mismatch closer to a match. Market mismatch can be defined as the measure of the price gap
A class-action lawsuit that charged Zillow with deceptive business practices designed to mislead consumers has been dropped. A Federal district court has dismissed the lawsuit last week. The lawsuit claims that Zestimates, Zillow’s algorithm-based property estimate tool, are commonly inaccurate as
It’s no secret that some cities compared to others have larger asking prices for smaller spaces. PropertyShark wanted to test the logic and figure out what a homebuyer can get for their money in cities around the United States.
The annual Realtors Legislative Meetings & Trade Expo took place last week in Washington D.C. and covered a variety of topics impacting the real estate industry. Couldn’t make it to D.C. for the event? We share some of the
With the latest tax plan that is expected to give Americans a larger tax return, many plan to spend their tax cuts on larger houses and home renovations in 2018, according to a new report from Zillow. Zillow estimates
Home sales across America are expected to continue rising throughout 2018 thanks to the nation’s stronger economy. The National Association of Realtors’ Chief Economist Lawrence Yun predicted the increase in sales during his 2018 mid year forecast. According to
Determining how much they could spend on a home was the most frequently named financing concern among a third of all U.S. buyers during the home buying process. A major
Low inventory is impacting home sales across the country and one of the categories that have been hardest hit are entry-level homes. However, according to the latest survey from Builder Online, builders are starting to hone in on starter
Luxury home prices rise nearly 8 percent to average sales price of $1.8 million in the first quarter of 2018, according to a new report from Redfin. An analysis of over 1,000 cities by Redfinindicates prices of the top five percent
In the past year, appraisals are more likely to be in line with, or even higher than, owners estimate. Appraised values were just 0.33 percent lower than what homeowners expected, according to National Quicken Loans Home Price Perception Index.
While the overwhelming majority of homebuyers are married couples, it is women who make up the larger share of sales among single people, according to the National Association of Realtors. Single women are the second-most common homebuyer, accounting for
Home prices are creeping up across the country as inventory continues to hover near all-time lows, according to the National Association of Realtors first quarter report. Total existing home sales declined slightly in the first quarter of 2018 versus
Amazon and Lennar announced its new partnership to provide Alexa-enabled smart homes in certain markets across the country. Homebuyers can get homes that come with features that can be controlled with Alexa including Wi-Fi, smart locks, doorbells, thermostats and
Household wealth is increasing among America’s Hispanic population, according to The Hispanic Wealth Project’s 2018 Annual Report. The Hispanic Wealth Project has been working to achieve their goal set in 2014 of tripling Hispanic household wealth by 2024. One
