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Rent vs. Buy? FAU Sees it Still Moving Closer to ‘Rent’

BOCA RATON, Fla. – Dec. 5, 2018 – U.S. metropolitan residential real estate markets are peaking and some cities are in another pricing bubble, according to the latest national index produced by Florida Atlantic University (FAU) and Florida International University (FIU) faculty. The Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index estimates wealth creation […]

Study: Housing Market Underperforming by 6.5%

SANTA ANA, Calif. – Nov 19, 2018 – The First American Potential Home Sales Model for the month of October 2018 finds that the housing market is underperforming by 6.5 percent due largely to the lack of inventory. “The primary culprit for the housing market’s performance gap remains severe supply shortages – homebuyers can’t buy […]

Study Shows That Higher Interest Rates Aren’t Stopping Millennials

Study: Higher interest rates don’t stop millennial buyers PLEASANTON, Calif. – Nov. 16, 2018 – Millennial homebuyers continued to close purchase loans in September 2018, despite interest rates rising to the highest point in the year, according to the latest Ellie Mae Millennial Tracker. Interest rates on all loans rose to 4.87 percent in September, […]

National Association of Realtors: 3rd Quarter U.S. Home Prices up 4.8%, Sales Down 2.6%

WASHINGTON – Nov. 1, 2018 – Low inventory levels of moderately priced homes continued to stifle home sales, even as it maintained the trend of increasing metro market prices, according to the latest quarterly report by the National Association of Realtors® (NAR). The national median existing single-family home price in the third quarter was $266,900, up […]

NAR Buyer/Seller Study: Women a Force, First-Timers Struggle

WASHINGTON – Oct. 29, 2018 – Single female buyers continue to be a powerful force in the market, while low inventory, rising interest rates and increasing home prices hold back first-time buyers despite their high interest in buying a home. The just-released National Association of Realtors®‘ (NAR) 2018 Profile of Home Buyers and Sellers also identifies numerous […]