According to an August 21st press release from Zillow, homeowners in the U.S. are faced with more than $9,000 in hidden home costs annually. Although these costs are all home-related, they are often … [Read more...]
Low U.S. Housing Inventory Results in More Competition, Higher Prices, Older Homes
A recent Zillow press release details the slowdown in construction of single-family homes in the U.S. This data can be used to observe some of the challenges faced in the country as a whole, in … [Read more...]
Tampa’s Rising Home Values Result of Job Growth and Strict Land-Use Regulations
Tampa is one of many metro areas in the U.S. experiencing a sharp increase in home prices, partially because of job growth and strict land-use regulations. Zillow’s research, with help from the … [Read more...]
Homebuyers Should Focus on the Mortgage First, Then on Finding a Home
A recent study commissioned by Fannie Mae shows that homebuyers, especially when they are first starting out, should focus on getting a mortgage first, and then work on finding a home to buy. This is … [Read more...]
Tampa Bay Communities Named Best Places to Live in Florida
Niche recently ranked the best 25 places to live in Florida for 2018. The top 4 are in Tampa, with Tampa Bay as home to over half of the communities ranked in the top 25. If anyone ever doubted … [Read more...]
Home Prices Projected To Go Up – Now is a Good Time to Buy
If you are thinking about buying a home, now might be a good time to make a move. Home prices are expected to rise over the next year, so buying a home sooner than later might save money. Home Prices … [Read more...]
It’s Better to Buy a Home in Tampa Than Rent for 2018
It is better to buy a home in Tampa than it is to rent in 2018, according to a recent report. Factors positively affecting the housing market include the supply of affordable homes, job growth, and … [Read more...]
24% of U.S. Homes Sold in 2017 Sold Above List Price
In a report from Zillow, 24.1% of U.S. homes sold in 2017 were sold for above list price, which is an average of $7,000 (3.1%) over list price. This is an increase from 17.8% in 2012. In certain areas … [Read more...]
Realtors Optimistic About The Housing Market Going Into 2018
The majority of Realtors polled think the housing market will be strong going into 2018, according to the Realtors Confidence Index (RCI) in September 2017. The Survey In the September RCI survey, … [Read more...]
Home Purchase Sentiment Index Decreased 3.1 Points in October 2017
In October, the measure of home purchase sentiment decreased slightly, per a report on the Home Purchase Sentiment Index (HPSI) from Fannie Mae. There are many reasons why the HPSI may have gone down. … [Read more...]
