According to Zillow, the total value of all homes in the United States in early January 2018 is now $31.8 trillion after gaining $2 trillion in 2017. The cumulative value of the U.S. housing market grew at its fastest annual pace.
Single-family homes in November 2017 rose 17.5 percent to a seasonally adjusted annual rate of 733,000 units from a downwardly revised October reading. This is the highest sales pace since July 2007.
The Greater Las Vegas Association of Realtors is reporting this week that local home prices continued to cool down heading into the holidays, though home prices and sales are still up from one year ago.
Shopping centers of the future will become just 'centers' by reinventing themselves as mixed-use destinations and adding healthcare, educational and leisure uses.
U.S. housing inventory constraints have fueled a sharp rise in prices and made it difficult for buyers to gain a foothold in the market. But that is expected to change next year as part of broader and continued housing market improvements.
According to the Greater Las Vegas Association of Realtors, after many years of strong price appreciation, local Las Vegas home prices started cooling down in October 2017; though home prices and sales are still well up from one year ago.
Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties.
According to the National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October 2017. This was the highest reading since May 2017.
According to the Greater Las Vegas Association of Realtors, local home prices continued to rise rapidly, while home sales stabilized in September 2017.
According to the Greater Las Vegas Association of Realtors, local Las Vegas home sales continued to rise while home prices started to level off in August 2017. The median price of existing single-family homes sold during August through its Multiple Listing Service (MLS) was $260,000
According to Zillow, nearly one in 20 residential ZIP codes in the U.S. meets the definition of a $1 Million Neighborhood, meaning at least 10 percent of the homes there are worth seven figures or more.
According to the U.S. Department of Housing and Urban Development and the Commerce Department, nationwide housing starts fell 4.8 percent in July to a seasonally adjusted annual rate of 1.16 million units.
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released this week, rising U.S. home prices offset a quarter-point drop in mortgage interest rates to move housing affordability slightly lower in the second quarter of 2017.
According to the National Association of Home Builders/First American Leading Markets Index, nearly 300 U.S. housing markets posted an increase in economic and housing activity.
An increasingly hot local Las Vegas housing market showed no signs of cooling off in July 2017, with home prices and sales continuing to rise while the housing supply keeps shrinking.
Local Realtors continue to gain confidence in the Southern Nevada housing market, with more than nine out of 10 expecting local home prices to keep going up in the next year.
According to a new report from the Nevada Association of Realtor, foreclosures by local homeowner associations have reduced property values in the state's two most populated counties by more than $1 billion.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate in the U.S. dropped to a new 2017 low in late June.