S&P Corelogic Case-Shiller Index Reports 19.2% Annual Home Price Gain to Start 2022

S&P Corelogic Case-Shiller Index Reports 19.2% Annual Home Price Gain to Start 2022

New York, NY…S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2022 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series and […]

The CDC’s Eviction Moratorium has Ended – What Exactly Does this Mean for Renters and Landlords?

The CDC’s Eviction Moratorium has Ended – What Exactly Does this Mean for Renters and Landlords?

Arlington, VA…When the Supreme Court ended the nationwide eviction moratorium, media outlets were filled with dire predictions. Millions of American families and their belongings would be tossed unceremoniously into the streets, they said. The newly homeless would overrun shelters and create new hotspots of COVID-19.  Alarmists seemed to imagine heartless landlords were constrained only by the CDC’s 11-month emergency measure, and as […]

S&P CoreLogic Case-Shiller Index Reports Record High Annual Home Price Gain Of 16.6% In May

S&P CoreLogic Case-Shiller Index Reports Record High Annual Home Price Gain Of 16.6% In May

New York, NY…S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for May 2021 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series, and […]

Home Affordability Declines For Average Workers Across U.S. In Second Quarter As Prices Soar

Home Affordability Declines For Average Workers Across U.S. In Second Quarter As Prices Soar

Irvine, CA… ATTOM, curator of the nation’s premier property database, today released its second-quarter 2021 U.S. Home Affordability Report, showing that median home prices of single-family homes and condos in the second quarter of this year are less affordable than historical averages in 61 percent of counties across the nation with enough data to analyze. […]

Existing-Home Sales Decline 2.7% in April, Median Existing-Home Price Rose 19.1% to $341,600,

Existing-Home Sales Decline 2.7% in April, Median Existing-Home Price Rose 19.1% to $341,600,

Washington, DC…Existing-home sales waned in April, marking three straight months of declines, according to the National Association of Realtors®. All but one of the four major U.S. regions witnessed month-over-month drops in home sales, but each registered double-digit year-over-year gains for April. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, […]

California Home Prices Reach All-Time Highs in March, Nearly Two-Thirds Sell Above Asking Price!

California Home Prices Reach All-Time Highs in March, Nearly Two-Thirds Sell Above Asking Price!

Los Angeles, CA…Fierce competition drove California’s median home price to reach a new record high in March, while the state’s housing market continued its momentum with sales remaining solid heading into the spring homebuying season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said on April 16th. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate […]

How Deregulating Real Estate Markets Can Solve America’s Shortage of Affordable Housing ~ By Dustin Romney

How Deregulating Real Estate Markets Can Solve America’s Shortage of Affordable Housing ~ By Dustin Romney

Phoenix, AZ…In the early twentieth century, known as the “progressive era,” the United States embarked on a spree of regulatory projects. One such project was airline regulation, which led to the creation of the Civil Aeronautics Board (CAB). The CAB controlled entry into the market, air routes, and air fares. Fortunately, realizing the harmful consequences of […]

California Housing Affordability Holds Steady In 3rd Quarter Despite Wages & Lower Interest Failing To Raise Purchases

California Housing Affordability Holds Steady In 3rd Quarter Despite Wages & Lower Interest Failing To Raise Purchases

Los Angeles, CA…Rising wages and slightly lower interest rates did little to improve California’s housing affordability, which remained flat compared to the previous quarter, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California in third-quarter 2016 remained at 31 […]

Existing-Home Sales Rebound in September

Existing-Home Sales Rebound in September

Washington, DC….After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors®. All major regions except for the Midwest experienced gains in September. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased […]

Existing-Home Sales Rise in May with Strong Price Increases

Existing-Home Sales Rise in May with Strong Price Increases

Washington, DC…Existing-home sales improved in May and remain solidly above a year ago, while the median price continued to rise by double-digit rates from a year earlier, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 4.2 percent to a seasonally […]