Home seller profits reach record high

Home seller profits reach record high

As a direct result of people living in their homes longer than ever, the profits sellers are seeing when they do finally decide to move has gone up significantly. According to a new report from ATTOM Data Solutions, both homeownership tenure and seller profits reached new highs last year. ATTOM’s Y...

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Single-women outpacing single-men in homeownership

Single-women outpacing single-men in homeownership

Despite being two decades into the new millennium, pay equity remains an issue in the U.S. Yet, while women are still earning less than men, a new report shows that more single woman are getting into the real estate market than single men. In a study by LendingTree, the number of women who live alo...

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Home inventory levels at lowest point in 7 years

Home inventory levels at lowest point in 7 years

The number of homes for sale in the U.S. has fallen to the lowest levels since 2013 according to a new report from Zillow. The online real estate company’s Real Estate Market Report for December shows that inventory fell 7.5 percent on an annual basis. The first part of 2019 provided some relief as...

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Mortgage payments not much more than rent according to study

Mortgage payments not much more than rent according to study

While so much of the news regarding the economy discusses the rising cost of homeownership in the U.S., renters nationwide are feeling a financial burden as well. According to data from the U.S. Census Bureau, the average mortgage payment is approximately $1,500 per month. This is roughly the same c...

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December home sales break record

December home sales break record

It isn’t typically associated with home buying but according to a new report, buyers weren’t too distracted with the holidays to go house hunting. RE/MAX’s National Housing Report for last month shows a 13.5 percent year-over-year increase in home sales last month. This is the highest monthly increa...

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Home values in U.S. break new record

Home values in U.S. break new record

If you were to combine the GDPs of the two largest economies in the world, the U.S. and China, they would equal roughly the total value of every home in the U.S. According to new data from Zillow, total domestic home values have reached $33.6 trillion. California alone accounts for a whopping 21.2...

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Fewer Americans moving; more remodeling

Fewer Americans moving; more remodeling

The combination of high home prices and a limited selection of properties for sale has led to an all-time low in the number of Americans who are moving. According to housing data and analytics company Buildfax, 2019 saw the lowest rate of mobility in the U.S. ever recorded. Just 9.8 percent of Ameri...

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Foreclosure filings drop to record low

Foreclosure filings drop to record low

A new report shows that the volume of foreclosures in the U.S. has fallen to a new record low as of 2019. ATTOM Data Solutions reports that default notices, scheduled auctions and bank repossessions were down 21 percent from 2018 to 2019. This represents an 83 percent drop from the peak reached in 2...

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Foreclosure filings drop to record low

Foreclosure filings drop to record low

A new report shows that the volume of foreclosures in the U.S. has fallen to a new record low as of 2019. ATTOM Data Solutions reports that default notices, scheduled auctions and bank repossessions were down 21 percent from 2018 to 2019. This represents an 83 percent drop from the peak reached in 2...

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Home builder confidence cools slightly in January

Home builder confidence cools slightly in January

After reaching a two-decade high in December, a measure of U.S. home-builder confidence cooled slightly in January. The National Association of Homebuilders released a new report last week that showed the confidence index dipped to 75 in January, down from 76 in December. Readings above 50 are gen...

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