Whoever wins the presidential race come November could determine the fate of housing markets across the country, according to a report from analysts at the financial services firm BTIG. Since the 2016 presidential election, counties that voted for President Trump have seen stronger housing markets than those that voted forRead More →
Planning to sell a home in Raleigh, N.C.? There’s a decent chance that an “iBuyer” will purchase it. Raleigh had the largest share of homes bought by companies that use technology to make instant offers on homes. Nearly 7% of homes sold in Raleigh in the third quarter of 2019Read More →
Economists say that 2020 will be a positive — though not exactly stellar — year for the housing market. And that could be good news for renters and home buyers alike. But that’s assuming experts’ forecasts are right. “If interest rates go up 100 basis points, we’ll be off,” DougRead More →
Forget Seattle, Denver and San Francisco. Boise, Idaho, is poised to be the hottest housing market at the start of the next decade. A new report from Realtor.com identified the housing markets that are expected to see the most notable home sales and price growth in 2020. Boise ranked No.Read More →
Indicators don’t always a pattern make. Every few weeks, most of us who work in financial services must digest a new set of data that measure various parts of the U.S. economy. For example, new U.S. residential home sales in September were up almost 16% over the past year (whereas housing starts were upRead More →
Forget television sets and video games, the best thing to buy during the holiday season may be a home. A new analysis from Attom Data Solutions, a provider of real-estate data, found that December is the best month of the year to buy a home when it comes to gettingRead More →
It’s not easy being a home buyer these days. U.S. home prices are high, housing inventory is low, and consumer sentiment is wobbling. A federal tax break for first-time home buyers will help. Even with the recent interest rate cuts, there hasn’t been a material increase in the number ofRead More →
Bonds issued by home builders are signaling a pretty upbeat tone for the U.S. economy, even as U.S. recession fears linger. Wage growth has been on the rise while borrowing costs have fallen, with the average 30-year fixed-rate mortgage plunging this week to a three-year low of 3.55%, helping toRead More →
George Frey/Getty Images There is a high risk that markets might be disappointed in the interest-rate policy signals that emanate from the Federal Reserve’s summer retreat in Jackson Hole late next week, economists say. Fed officials will gather with academics and foreign central bankers next Thursday in the Grand TetonsRead More →
Buying a home in Boulder, Colo., is still the safest bet. For the fifth year in a row, Boulder ranked as the best housing market nationwide based on home price growth and stability, according to a new report from SmartAsset. The odds of a major drop in home prices inRead More →
The global housing market is showing cracks. Those fissures could spread throughout the world-wide economy, potentially sending world-wide gross domestic product, or GDP, to its lowest annual pace of in 10 years, according to research from Oxford Economics, led by economists Adam Slater, and John Payne in a research reportRead More →
Home-flipping has rebounded by one key measure. But that’s doesn’t make it an easy path toward becoming rich. Just over 49,000 single-family homes and condos were flipped in the first quarter of 2019, according to a recent report by real-estate data firm Attom Data Solutions. These homes comprised 7.2% ofRead More →
Getting to work in the mornings can be a struggle for Angelina Flood. On a good day, it can take at least an hour for her to drive from the home she and her husband bought in Southborough, Mass., to her job as an editorial assistant in Cambridge, Mass., justRead More →
iStockphoto Row of colorful homes in Issaquah, Washington. The numbers: The S&P CoreLogic Case-Shiller 20-city index rose a seasonally adjusted 0.2% in December compared to November and was 4.2% higher compared to a year ago. That was the slowest pace of annual growth since November 2014. What happened: Home priceRead More →
Before the days of income and estate taxes, adult children often just moved into the family home after their parents died. Unfortunately, it’s not that simple anymore. There are several ways to give a home to your child. And a few are tax-free. But to get the best tax results,Read More →
Winning the bidding war for Amazon’s AMZN, -0.91% secondary corporate headquarters came with a steep price tag — $3.4 billion. That’s the total amount in tax incentives and grants that state and local officials in New York and Virginia offered the e-commerce giant as part of their bids to houseRead More →
Looking to buy a home? You might want to relocate to Virginia Beach, Va. The metropolitan area ranked as the No. 1 home buyer market in the country, according to a study from online real-estate brokerage Owners.com ASPS, +1.66% The report analyzed the housing markets in metropolitan areas with moreRead More →
A majority of Americans are renting on the cheap — at least, compared to what they’d be paying if they bought a home. In more than half (59%) of housing markets nationwide — 442 of 755 U.S. counties — renting a three-bedroom property is now more affordable than buying aRead More →
