National News
While the number of renters now outpaces homeowners — with about one-third of the country’s population living in rentals — 2017 saw the first year of a slight decline in renting households since 2004, according to a recent report from
Home prices are up both year-over-year and month-over-month, according to CoreLogic’s Home Price Index (HPI) and HPI Forecast for November 2017. From November 2016 to November 2017, U.S. home prices increased 7 percent year over year. Month-over-month, home prices
The Federal Housing Finance Agency will be making changes as outlined in its 2018 Scorecard, which was released late last month. The scorecard highlights specific conservatorship priorities for Fannie Mae, Freddie Mac and Common Securitization Solutions (CSS). The three main
While millennials are seen as the driving force behind the new trend in walkable communities, older generations also prefer to live in neighborhoods where they can easily get around on foot. According to the 2017 National Community and Transportation
On Dec. 27, Guaranteed Rate announced a new jumbo loan program that does not require mortgage insurance and accepts as little as a 10 percent down payment option for loans up to $3 million. The program, GR Flex Power, includes
Pending home sales saw small gains in November while existing home sales and price growth are expected to slow heading into 2018, according to the National Association of Realtors. The Pending Home Sales Index rose from 109.3 in October
The new year is just around the corner, and if you’ve resolved to make your living space come alive with color and unique accents alike, a new forecast can help you choose your new decor. Zillow recently released its Home
Housing affordability remains a growing problem across the country, according to a new study by mortgage resource HSH.com, which examined the 50 largest metro areas in the United States to determine the salary residents must earn to afford an
After being approved by the House of Representatives and Senate on Dec. 20 after months of deliberations and negotiations, the Republicans’ so-called Tax Cuts and Jobs Act is set to land on President Donald J. Trump’s desk for final
Bitcoin, the first ever cryptocurrency to function independent of a bank or middleman, soared last month from $5,870.37 per coin on Nov. 12 to $16,650.01 on Dec. 12, a 183.6 percent jump. As of Dec. 21, its value was
The end of the year usually means a slowdown in home sales, but this year is showing to be an exception, with existing-home sales growing in November for the third straight month to reach their strongest pace in nearly
After a slow construction season in October, housing starts across the nation saw a 3.3 percent jump in November, according to data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family construction, in particular,
The United States has been grappling with a dearth of affordable housing, spurring a number of municipalities and officials around the country to address the problem head on. Freddie Mac and Fannie Mae recently unveiled a plan to fix what
Due to a boom in single-family rentals, 270,000 fewer homes have sold each year since 2006. According to a new Zillow analysis, between 2006 and early 2017, the number of single-family homes that are rented increased by 5 million,
The average U.S. homebuyer in the third quarter made a down payment that was higher than any other quarter since the first quarter of 2000, according to a new report. In Boston, the average homebuyer made a down payment
Optimism regarding homebuying and home-selling is down in the final quarter of 2017, according to the National Association of Realtors’ (NAR) fourth-quarter Housing Opportunities and Market Experience (HOME) survey. The percentage of homeowners who believe now is a good time
