The housing market looks safe from a crash, but that means prices should keep rising the rest of the year, with affordability remaining a big concern.
Separately, the S&P Case-Shiller home-price index posted its largest one-year jump since 2006. That's when the housing bubble reached its peak.
The S&P Case-Shiller US home-price index rose to a 10.4% annualized increase in December, up from 9.5%. The reading marks the strongest pace of price growth in seven years, according to a press release. The data suggests the US housing market ended 2020 strong amid low inventory and record-low mortgage […]
Phoenix, Seattle, and San Diego saw the biggest home-price increases among the 19 cities surveyed in December, according to the Case-Shiller index.
US home prices are set to fall 6.6% over the next year as the coronavirus pandemic fallout worsens, according to a Tuesday report from CoreLogic. The group’s home price index increased 4.8% in the 12 months through May, supported by strong demand, especially from younger buyers, and low supply, according […]
College towns are vibrant, offering cultural...
Last week we learned the Case-Shiller...
Before the U.S. housing bubble burst, there was an implicit widespread belief that home prices could never fall. Lenders and borrowers both believed this, and it’s this mentality that helped fuel the bubble. Fast-forward to today. The idea that homes are a good stable investment has largely been debunked. Still, […]
The hottest home markets in the country are usually leading indicators for the rest of the country: whatever they’re doing, it usually means Middle America won’t be far behind. So if trending data out of San Diego is any indication, the rest of the country, which had been seeing steady […]
When we last checked in with San Diego realtor Jim Klinge, he said cash-rich investors had been fueling the market to new heights. Now, he says, although investors remain present, buyers have regained some control. In his latest vlog post, he explains why: “serious” purchasers — those who, unlike flippers, […]
Realty outfit Redfin has quantified the trade-off most parents make: how much more to pay for their home in order to live closer to better schools. The answer is pretty wince-inducing: living near a school with test scores in the 90th percentile costs about $US100,000 more than living near schools […]
Real estate a real competitor.
West-coast prices rising at "torrid" pace.
A bold, yet realistic prediction.
Same places that busted.
Up for the thirteenth straight month.