Housing equity rose nearly 30%, or nearly $2 trillion, over the past year as prices rose, home purchases rebounded, and mortgages outstanding continued to decline according to first quarter data from the Federal Reserve’s Flow of Funds. Mortgage debt … [Read more...]
Buying a House: Is Now the Time?
The real estate community is often criticized for always seeming to have a Pollyanna attitude about the housing market. Many believe that the industry’s current call ‘to buy now’ is nothing more than a scare tactic with the sole purpose of creating … [Read more...]
Financing Green Remodels: The Ins and Outs of Energy Efficient Mortgages
By Mark Scheets, Guest blogger What is an Energy Efficient Mortgage? Energy efficient mortgages (EEMs, sometimes known as “green mortgages”) are loans that allow home owners to finance energy-efficient upgrades for their current home or in a new home … [Read more...]
Differentiate Yourself From Your Competition [WEBINAR]
Employment Situation in May
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest monthly employment report. While payrolls grew … [Read more...]
Latest Monthly Housing Affordability Index Release
At the national level, housing affordability is down due to higher mortgage rates and even higher home prices. What is affordability like in your market? Housing affordability is down for the month of April in the U.S. as prices reached their … [Read more...]
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