Tag Archive: National Association of Realtors
A new report forecasts that first-time homebuyer activity will increase this year, and if that comes to pass, one reason may be because millennials' financial-planning habits have notably improved over the past few years.
America's housing market had its best year for sales in more than a decade in 2017, despite the tightest supply conditions on record.
The thriving U.S. economy pushed home sales to the highest pace in more than a decade in November, with Bay Area cities once again topping the list of the country's hottest real estate markets.
Oakland, San Jose, and Fremont are among the nation's most recovered cities from the Great Recession, and the latter's economy will get a boost from Facebook's expansion. Get the latest housing headlines of note in Pacific Union's Real Estate Roundup.
Strong homebuyer demand and insufficient inventory once again drove appreciation in more than 90 percent of U.S. markets in the third quarter, with prices in the San Jose metro area growing at more than three times the national rate.
Although mortgage rates remain favorable and the U.S. job market is chugging right along, tight affordability conditions and student debt are among the factors preventing more first-time buyers from diving in to the housing market.
Inventory shortages once again caused Bay Area pending home sales to drop in September, a trend that also played out in California and the U.S.
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