Home-Price Gains Accelerate in July as a Reminder of the Housing Bubble Stirs to Life

Getty Images Home-price gains picked up speed in July, led by some perennial hot spots and one surprise newcomer. The S&P/Case-Shiller 20-city index rose a seasonally adjusted 5.8% in the three-month period ending in July compared with a year ago, and was up from 5.6% in the June period. Case-Shiller’s national index rose 5.9%, up […]

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Home Price Gains Were Hot in June as Seattle Sizzled, Case-Shiller Says

Getty Images U.S. home price growth picked up steam in June as strong demand continued to buoy the market. The S&P/Case-Shiller 20-city index rose a seasonally adjusted 5.7% in the three-month period ending in June, compared with a year ago, the same rate of change as in May. The national index rose 5.8%, compared with […]

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Fewer Existing Homes Were Sold in July, and Here’s Why Buyers Should Care

Feverpitched/iStock Down payment? Check. Good credit? Check. Pre-approved for a mortgage? Check. There’s just one problem for would-be home buyers: there simply aren’t enough properties for sale. The shortage of houses on the market was to blame for the number of existing homes sold, about 5.44 million. That figure is a dip of 1.3% from […]

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More Affordable New Homes Hit the Market in July—Well, a Few More

danny4stockphoto/iStock Whether you’re a buyer hoping to purchase your first home or a homeowner hoping to trade up to a bigger and better abode without breaking the bank, there hasn’t been much good news coming out of the cutthroat housing market these days. But there is a spot of good news for those without deep pockets. More newly built […]

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As Home Prices Keep Climbing, Here’s What You Need to Know

HYWARDS/iStock It’s anyone’s guess just how much higher home prices will go—and if they’ll ever slow down. Besides, if you could see the future, wouldn’t you rather focus your energies on predicting the winning lottery numbers? Nationally, the median existing-home price for single-family abodes zoomed up to $255,600 in the second quarter of the year, according to […]

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Every Region of U.S. Sees Fewer New Homes Hitting the Market—Except One

BrianAJackson/iStock Builders just aren’t keeping up. Despite the lack of homes on the market making buyers ever more frazzled, the number of completed new homes dropped month-over-month in every region of the country—except one. The South, which is luring companies and new residents with its lower cost of living and more affordable housing prices, had about […]

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Mortgage Rates Slide to 6-Week Low as North Korea Worries Drive Bond Rally

Getty Images Rates for home loans slid to a 6-week low as mounting geopolitical worries drove investors into safe-haven bonds, mortgage provider Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 3.90% in the August 10 week, down from 3.93%. The 15-year fixed-rate mortgage averaged 3.18%, unchanged during the week. The 5-year Treasury-indexed hybrid adjustable-rate […]

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Home Prices Rose in Every State in the Nation—Except One

CHRISsadowski/iStock Home prices continued their steady climb in every state in America—except for one. Thanks for being real, Alaska! If you’re thinking that this steady, inexorable price escalation must have an end in sight, think again. In fact, prices are predicted to go up an additional 5.2% across the country over the next year, according to CoreLogic’s Home Price […]

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Looking to Make a Quick Buck? Sell Your Home

Feverpitched/iStock You’ve heard it all before: It’s a home seller’s market out there. Need proof? In the second quarter of 2017, sellers raked in an additional average of $51,000 per sale over what they originally paid for their abodes. That’s the highest returns the residential housing market has seen in a decade, according to a recent […]

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New Home Construction Is Finally Rising—What That Means for Buyers

akurtz/iStock Homebuilders have been busy this summer—and that might make the home-buying search better for many Americans on the prowl for the place of their dreams. Builders received 7.4% more permits to put up new homes in June compared with May, according to the seasonally adjusted numbers in the latest residential sales report jointly released by the U.S. Census Bureau and U.S. Department […]

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