A spike in interest rates may have slowed pending home sales in May, but year-over-year sales are up 10 percent.
Families fuel Chicago’s downtown
Because downtown Chicago is relatively affordable, families are waiting longer before moving out to the suburbs.
Wealthier boomers shun homeownership
Homeownership is at its lowest level in 25 years, in part, because older, more affluent Americans prefer to rent.
New home sales jump to 7-year high in May
The data follows several strong reports over the last few weeks, suggesting the economy was gaining speed in Q2.
Soaring home prices not a ‘bubble’: Realtors
Near their highest levels ever, median home prices are still not reflecting a “bubble.” A housing economist explains why.
Will 2 million ‘boomerang buyers’ ignite housing?
About 700,000 boomerang buyers will be eligible for credit again this year, and up to 2.2 million over the next five years.
Govt lifts ‘robosigning’ restrictions on certain banks
Restrictions against some firms stemmed from foreclosures that had not actually been reviewed before signing.
Why aren’t more homes being built?
More than 60 percent of builders surveyed in May reported that the overall supply of developed lots is low.
What happens when tech workers come to town
Technology workers are leaving Silicon Valley and moving to new cities—and it’s impacting housing prices, a study found.
‘Move-up’ buyers drive San Diego housing
A resurgence in the move-up buyer, who had been stuck in place during the recession, is boosting San Diego’s housing sales.