| April Existing-Home Sales Up but Constrained |
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WASHINGTON (May 22, 2013) – Existing-home sales rose in April but remain below underlying demand because of limited inventory and tight credit, according to the National Association of Realtors®. All regions are showing strong price gains from a year ago. More...
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| Mortgage Rates Trending Upward |
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May 23, 2013 - Mortgage rates climbed for the third consecutive week, according to the latest survey by mortgage buyer Freddie Mac. The average for a 30-year fixed-rate mortgage now hovers a quarter percentage point higher than it did at the beginning of the month. The average rate on a 30-year fixed-rate loan climbed to 3.59% this week. More...
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Daily Real Estate Market Outlook
Economists' Commentaries provide an in-depth look at trends and current news related to housing and the real estate market.
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| Consumer Tips & Cool Properties |
| Storm Shelters in High Demand After Tornados |
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Daily Real Estate News- May 23, 2013 - "More home owners are considering adding storm shelters following a deadly tornado on Monday that tore through parts of Oklahoma City, flattening hundreds of homes and killing at least 24 people." More...
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| 10 Things to Consider Before Making an Offer on a Home |
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Putting in an offer on your first home can be a heart pounding experience. It is a good idea to take a moment before you take that important step and make sure you are ready by asking yourself these questions and discussing with your Realtor. More...
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| Landscaping Can Impact Home Values |
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"If a landscaping change is positive, it can often enhance price and reduce a home’s time on the market... But if the change is negative, it can lower the price and lengthen the time a home remains for sale.” More...
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| Moving Tips To Help Your Child Through The Big Move |
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Moving is a complicated process but it can be especially difficult on children. By the time we reach adulthood, most of us have lived in a variety of different places. However, for your children, the house and neighborhood you are now moving away from might be the only home they have ever known. More...
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| Deck and Patio Lighting Ideas that Add Livability |
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Cool deck and patio lighting helps you get more use — and enjoyment — from your outdoor living spaces. Here are some examples to ready your summer time enjoyment. More...
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Existing Home Sales
(April)
4.97 million units* |
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Existing Home Median Price
(April)
$192,800 |
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Housing Starts
(April)
853,000 units* |
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New Home Sales
(April)
454,000 units (Census Bureau)* |
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*seasonally adjusted annual rate
Source NATIONAL ASSOCIATION OF REALTORS®. |
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Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time. more...
