Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year’s. [Read more...]
Student Loans burden Potential First-Time Home Buyers
March 19, 2013 By
As unpaid student loans in the United States pile up and become delinquent, economists are concerned that would-be young homeowners are getting left out of the housing market. [Read more...]
In 18 Months, Housing Markets Seen Returning to Historically Normal Levels
March 14, 2013 By
The housing recovery is expected to grow at an annualized rate 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until settling down to 3.3 percent annual increases over the next three years according to Fiserv, a financial services technology provider using data from the Federal Housing Finance Agency (FHFA). [Read more...]
Home Prices Show Biggest Gain in Six Years
March 12, 2013 By
As retrospective analysis of 2012’s economic returns becomes more fleshed out, some pretty astounding figures are emerging. While it’s clear that 2012 turned itself into an overall rebound year for the housing market, certain metrics have begun to paint a picture of precisely how exceptional 2012 was. [Read more...]
U.S. Real Estate Faces Lowest Inventory in More Than a Decade
March 7, 2013 By
Residential real estate has gone from dismal to a sellers’ market in just over a year. Once home prices stopped finally declining in early 2012, investors picked up their pace of acquisition in regional markets that where particularly affected by the housing downturn: Phoenix, Las Vegas, South Florida, and various markets in California. Inventories in those markets quickly tumbled, but that same situation is spreading to other metropolitan areas. [Read more...]
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