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Millennial Homeownership Driving Housing Shortage & Prices
Millennial homeownership is causing the US to run out of houses Millennial demand for homes has left America short 2.5 million houses, Jefferies writes. Contractors need to build up to 2 million homes...
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Where is the Housing Market Headed in 2020?
Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a...
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Where Homebuyers Are Heading By Generation
Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the...
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Where’s Housing in 2020?
Where is the Housing Market Headed in 2020? Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to...
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When’s the next recession?!?
How Long Can This Economic Recovery Last? The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at...
View Article‘Powerful Recovery’ as Sales Jump 11.8% in February
WASHINGTON (March 22, 2019) – Existing-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of...
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Longer on the Market = Lower Price
Prices may be on the rise, but about 63% of homes sold at a discount compared to the list price in May, according to the 2015 REALTORS® Confidence Index Survey. The discount averaged in the 1% to 11%...
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Buy vs Rent: What really builds family wealth?
There has been recent press regarding whether or not it makes better financial sense to rent rather than buy in today’s housing market. As an example, the recently released June Summary of the...
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Does owning your home make financial sense?
Everyone knows the social advantages of home ownership. However, some question the financial benefits of owning a home. Three recent studies shed some light on the issue. RealtyTrac recently released...
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Renters Burdened More Than Home Owners
Housing cost burdens fell for the third consecutive year*. Last year, 39.6 million households spent more than 30% of their income on housing, which is a decrease from 40.9 million in 2012 and down from...
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Ten Reasons to Buy Your Home
Still wondering if it’s wise to buy your own home? Quality of life – a home provides stability and security for you and your loved ones, and membership within a community of neighbors. Pride of home...
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Buying a home not for the timid
He who hesitates is lost. Q: What’s worse than seeing a great property online, only to have it sell before you are able to view it in person? A: Seeing a home you like go into contract after you...
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From the guru who predicted the housing collapse… new words: Housing Recovery...
And who might that guru be? Bill McBride from Calculated Risk. Some are predicting another ‘shadow inventory’ coming to market this Fall-Winter that will cause a foreclosure supply shock that will in...
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A Matter of Supply & Demand
House Prices: Simply a Matter of Supply & Demand Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them...
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99% of Experts Agree: Home Prices Will Increase
99% of Experts Agree: Home Prices Will Increase Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in...
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Are we bubbling yet?
No Bubble Says Zillow Chief Economist We aren’t in a bubble, and won’t be entering one anytime soon. There are big differences between the market then and the market now: Then, loose credit,...
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Housing: To Bubble or Not to Bubble
58% of Homeowners See a Drop in Home Values Coming According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price...
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Median home prices finally pass housing boom levels, hit all-time high
National home prices hit a new all-time high surpassing the pre-recession peak Home prices hit a new all-time high, finally surpassing the pre-recession peak, according to the Q3 2016 U.S. Home Sales...
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20 Best Places People Are Moving to in the U.S… uh, Seattle?
Wondering why the increase in traffic? Seem like there’s more people here? Well, it’s not your imagination. Seattle ranks high in several national polls of ‘Best Places:’ US News and World Report of...
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Homes Built for Millennials
Focus on future functionality Pardee Homes’ two newest home models are specifically designed for millennial homebuyers and will kick off the 2016 International Builders’ Show which runs from Jan. 19-21...
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