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At midyear, residential real estate trends holding
The busy season in the housing market is here with more of the same results: low inventory, fewer sales and rising prices. June sales fell 22.5 percent to 852 transactions from 1,099 in 2018, the Buffalo Niagara Association of Realtors reported. That m.....»»
Spring housing check
Mike Fratantoni, Mortgage Bankers Association Chief Economist, talks falling rates, increasing inventory, and more......»»
Housing pattern holds: Slower sales, higher prices
March continued a familiar pattern in the residential real estate sector: sales were down but prices were up. There were 666 single-family home transactions last month, an 8.1 percent decline from a year ago. Inventory was flat with 2,388 home on .....»»
Mixed signals muddy housing market
The Manhattan housing market is in a funk, with prices falling and inventory rising. Fortunately, Wall Street is coming to the rescue. Thanks to the strong rally in bond prices, the average rate on... To view the full story, click the title link......»»
The 4 percent mortgage is back
Mortgage rates are fast falling toward 4%, a rate low enough that economists and lenders believe it will help jump-start the housing market again......»»
The 4 percent mortgage is back
Mortgage rates are fast falling toward 4%, a rate low enough that economists and lenders believe it will help jump-start the housing market again......»»
Honolulu home sales rise 4% in April, national sales rise 2.3%, Re/Max report says
Honolulu home prices rose by 4 percent in April, and Hawaii’s largest market was one of the few in the United States where inventory is growing, according to the May National Housing Report from Re/Max. Sales of single-family homes and condominium.....»»
No Virginia: The Falling Housing Market Isn"t About Tight Inventory
No Virginia: The Falling Housing Market Isn"t About Tight Inventory.....»»
Buffalo housing market sees faster sales and higher prices
As inventory keeps slipping, prices keep increasing for prospective home buyers in the Buffalo metropolitan area. The monthly snapshot from May revealed a 6 percent jump in median prices in the past year, reaching $146,750 compared to $138,500. The av.....»»
Housing shortage: US home sales fell 0.4 percent in May amid inventory crunch
The National Association of Realtors said Wednesday that homes sold at a seasonally adjusted annual pace of 5.43 million in May, the second straight monthly decline. .....»»
Here is a snapshot of the housing market around Buffalo in July
Once again, inventory was lacking for home buyers in July but there was a bit of good news as new listings climbed by 12.7 percent to 1,803 from a year ago. Overall, however, there continues to be a slowdown of available single-family homes with invento.....»»
Rents and vacancy remain low for Dayton"s apartment market
The multi-family housing market in the Dayton region continued to see tight inventory and low vacancy in the first half of 2018. A report from Colliers International found of the 54,749 apartment units in the Miami Valley, just over 95 percent were.....»»
U.S. housing market faces "5-percent" test
The U.S. housing market, already struggling with tight inventory and rising building costs, faces a fresh headwind as 30-year mortgage rates rise close to the 5 percent threshold for the first time in years......»»
U.S. housing market faces "5-percent" test
The U.S. housing market, already struggling with tight inventory and rising building costs, faces a fresh headwind as 30-year mortgage rates rise close to the 5 percent threshold for the first time in years......»»
Buffalo near top among markets with tight housing inventory
New survey from realtor.com suggests housing inventory has dropped 47 percent in the past three years......»»
Twin Cities housing market may be beginning to cool, but it"s still quite hot
There were more early signs in September of a return to a more balanced housing market in the Twin Cities, according to the Minneapolis Area Association of Realtors' latest report released Wednesday. Home inventory in September fell 4.4 percent fr.....»»
Florence’s Wake: Housing Starts Underwhelm
The extent of Hurricane Florence’s impact is widening, with construction falling 13.7 percent month-over-month in the South. At a 5.3 percent decline from the last month, September star.....»»
Good news for buyers: Columbus housing market snaps a 91-month streak
Inventory is up. For the Columbus residential real estate world, that says it all. The number of homes on the market in the city increased to nearly 5,600 in September, up 2.6 percent from this time last year and breaking a 91-month streak of declini.....»»
Mortgage rates drop to 2-month low—an unexpected holiday gift to housing
Mortgage rates are falling sharply, as investors head to the relative safe-haven of the bond market. The average rate on the 30-year fixed has fallen 21 basis points in the past week to 4.73 percent today, according to Mortgage News Daily. .....»»
Oil prices fall for third straight session amid supply glut worries
Oil prices dropped over 1 percent on Tuesday, falling for a third straight session, as reports of inventory builds and forecasts of record shale output in the United States, currently the world's biggest producer, stoked worries about oversupply......»»