Howeowners Add $837 Billion in Total Equity

The real estate market has been gradually demonstrating that owning a home can be a smart way of creating significant wealth. Since 2011, home prices have been erasing many of the homes that have been under water due to the housing crisis of 2008-9. According to Fanny...

New Home Construction Eases

Home builders aren’t exactly closing out the year with more enthusiasm, despite a shortage of homes on the market. According to the U.S. Commerce Department’s new residential sales report, permits to put up new residences fell in November. Permits issued were down...

Real Estate Market Steadies as Rates Increase

This is clearly a trend: higher rates. As rates for home-purchase loans rose for the ninth straight week, the industry continues to believe that the market is still strong enough to weather the increased costs. According to mortgage finance provider Freddie Mac, the...

Flippers Finding Ways to Make It Work

The stability of the housing market continues to offer opportunity to house-flippers, according to an article posted by Fox Business. And accordingly, 2016-17 may continue to foster an environment conducive to house-flipping. For the first three quarters of 2016, the...

National Association of Realtors Avg Home Listing Up

National Association of Realtors Avg Home Listing – $422K 2016 Facts and Stats + The average home in 2016 had 3.287 bedrooms and 2.568 bathrooms and was listed for $412,222.94. + The average price is higher than the median price of $250,000, which is the usual...