Pending home sales in California soared in February 2015 to record the first double-digit annual gain in nearly three years
According to Auction.com's February 2015 Real Estate Investor Activity Report, there is a growing preference by investors in the U.S. to flip properties over a hold-to-rent strategy, even as rental rates climb in many markets.
Existing U.S. home sales increased modestly in February 2015, but constrained inventory levels pushed price growth to its fastest pace in a year.
On average across all counties, buyers who purchased a home in 2014 put 14 percent down, translating into an average $32,141.
According to the Miami Association of Realtors own website stats, Brazil topped the list of foreign countries conducting online searches in January 2015.
The average fixed mortgage rate moved down across the board. The average 30-year fixed mortgage rate continues its run below 4 percent
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 13, 2015, mortgage applications decreased 3.9 percent from one week earlier.
According to newly released data from the U.S. Commerce Department, housing starts nationwide dropped 17 percent to a seasonally adjusted annual rate of 897,000 units in February 2015.
The gap between rental costs and household income is widening to unsustainable levels in many parts of the country.
The California Association of Realtors reports this week that slowing home price appreciation and improving inventory combined to boost California's housing market in February.
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Despite the economic and financial challenges young adults have braved since the recession, the millennial generation represented the largest share of recent home buyers.
Mortgage applications for new home purchases in the U.S. increased by 12 percent relative to the previous month.
According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 6, 2015, mortgage applications decreased 1.3 percent from one week earlier.