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Diana Olick, NBR, CNBC.com’s Posts
A generational shift might be behind lower customer satisfaction for mortgage companies.
The median home value in June surpassed $200,000, up 7 percent from a year ago, according to Zillow.
The jump in international purchases follows a year-ago retreat and comes as a surprise, given the current strength of the U.S. dollar.
Roofstock claims it can gauge the risk of becoming a landlord right down to the neighborhood level.
The pending home sales index from the National Association of Realtors dropped 0.8 percent month-to-month and is now 1.7 percent lower than May 2016.
The median price of an existing home sold in May set a record high, but it’s not the price itself that is so stunning.
Buying a home used to be a good way to invest your money. Renting may now be a better option.
Even off-the-chart-demand can’t put every potential buyer in a home of their own.
Pending home sales had last slipped 0.8 percent in March, the National Association of Realtors reported last month.
Homeowners are staying put, and higher home values also mean they have more cash to take out of their homes.
Why are home sales falling? Because there are crazy few affordable homes for sale.
It’s the price tags of the homes for sale that are the issue.
The largest generation is finally starting to buy houses. The trouble is, there aren’t enough houses for sale to feed their appetite.
After slipping in April, home builder sentiment rose two points in May to the second-highest level since the recession.
The gains are slow and small, but mortgage volume is beginning to improve again, as more homebuyers sign on the dotted line.