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Housing is Still a Good Investment

Housing is Still a Good Investment

The Federal Reserve Bank of New York just released their latest monthly Survey of Consumer Expectations and the results are encouraging for the housing market. The survey showed that attitudes toward owning a home as a good financial investment remained strongly positive, with 65% of all respondents regarding the buying of property in their zip code as […]

Foreclosures Drop Again

Foreclosures Drop Again

In yet another strong housing related report, foreclosure activity dropped for the 10th consecutive month. The April 2019 U.S. Foreclosure Market Report, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 55,646 U.S. properties in April 2019, down 5 percent from the previous month and down 13 percent […]

Top Ten States for Retirement

Top Ten States for Retirement

According to recent Census Bureau data, there are more than 71 million people in the U.S. aged 60 and older. Each year more people reach retirement age and decide to make some changes as they enter a new phase of their lives. One big shift could be relocating to other cities or states with the […]

And the Real Kentucky Derby Winner Is…..

And the Real Kentucky Derby Winner Is…..

Louisville!  While the fabled Kentucky Derby at Churchill Downs in Louisville, KY had an unusual outcome this weekend, the City of Louisville was the big winner. And that is because homeowner’s in Louisville, KY pay the lowest real estate taxes among the 50 biggest Metro-City areas! LendingTree just released its study on how owning real […]

The Most Famous House In Every State

The Most Famous House In Every State

Reader’s Digest has come out with a very interesting list where they complied the most “famous” home in every state.  Some have historical significance, some architectural and some are due to celebrity status. The list below has some gems like Helen Keller’s birthplace, the Playboy Mansion and the house from the Home Alone movie: Alabama – Helen Keller’s […]

Highest Home Prices on Record for March

Highest Home Prices on Record for March

While the total number of units selling is down slightly (due to limited inventory), the median home price set a new all time record for a March reading.  According to the National Association of Realtors Existing Home Sales report, the median price for a home moved upward to $259,400 which is up from March 2018 […]

Foreclosures Drop to Lowest Level Since 2008

Foreclosures Drop to Lowest Level Since 2008

According to ATTOM Data Solutions, U.S. properties with a foreclosure filing during the first quarter of 2019, were down 23 percent from the previous quarter and down 15 percent from a year ago to the lowest level since Q1 2008. “While some markets saw a slight uptick in foreclosure filings, that is above pre-recession levels, the […]

Homebuyers Spend Fewer Days Searching for a Home

Homebuyers Spend Fewer Days Searching for a Home

According to a new report by RedFin, Americans are speeding up the time to search and tour homes before making a decision and putting in an offer. With more homes on the market, prices growing at a slower rate and even falling in some markets, and less competition from other buyers, finding a home is […]

New Home Sales Pop

New Home Sales Pop

New Home Sales were much stronger than market expectations and consensus forecasts. February sales jumped to an 11-month high as new home sales hit 667,000 units on an annualized pace, this was 4.9% higher than January’s pace and 0.6% from this time a  year ago. At the current sales rate, it would take 6.1 months […]

Existing Home Sales Jump

Existing Home Sales Jump

Existing home sales increased strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors®. Three of the four major U.S. regions saw sales gains, while the Northeast remained unchanged from last month. Total existing home sales are completed transactions that include single-family homes, townhomes, condominiums and co-ops.  […]


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