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Appreciation Slows Amid Worsening Affordability

September 25, 2018 More Homeowners Will Stay Put New data from the S&P CoreLogic Case-Shiller Index of home prices shows that the pace of home price increase is still elevated, but is finally starting to slow, as we had been anticipating. The 20-City Composite posted a 5.9% year-over-year gain in July, down from 6.4% in…

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The Home Price Deceleration Has Begun

August 28, 2018 New data from the S&P CoreLogic Case-Shiller Index of home prices shows that the pace of home price increase is still elevated, but is finally starting to slow, as was inevitable. The S&P CoreLogic Case-Shiller U.S. National Home Price Index showed a 6.2% annual rate of increase in June, down from 6.4% in…

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How Renters are Remodeling, and What Happens When They Buy?

Renters are Having Two Distinct Impacts A new study finds that renters are making two notable impacts on home improvement demand. They are taking on small projects in their rental units — installing closet systems, painting, wall-mounting the TV and hiding wires from their computer and surround sound systems. They are finally becoming homeowners in larger…

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U.S. Unemployment: What it Means for Homebuyers and Homeowners

August 3, 2018 The unemployment rate is hovering near an 18 year low and that is good… and bad. A low jobless rate is good because most people who want a job have a job, but an unemployment rate this low also creates some challenges. Having Trouble Finding Enough Workers Along with a very low…

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Low Supply Forces Home Sales Lower (Again)

July 23, 2018 New data on existing home sales just out from the National Association of Realtors (NAR) for June show that sales volume was once again down from the prior month (at 5.38 million, which was lower than 5.45 million expected by the consensus), and the estimate from the prior month was revised downward….

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Is It Cheaper to Build, Buy or Fix Up a House?

To answer this popular question, HomeAdvisor set some parameters and dug deep to find out which option gets you the most for your money. Take a look at these 15 cities across the US and find out if it’s smartest to buy new, fix up or build a home with a $250,000 budget. 1. New…

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Builders Are Not Keeping up with Demand

July 18, 2018 Housing production has remained lower than demand for the past eight years, ever since the housing market dusted itself off and started climbing back up from the bottom. Today’s number shows that this problem has worsened. Both single-family and apartment construction fell in the new data for June. Single-Family Construction Disappoints Single-family…

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