Real estate buyers face narrow options trying to find homes in several markets, and will continue to face constrained inventories for a minimum of four more years, writes Lawrence Yun, the chief economist for the National Association of REALTORS®, in his latest column at Forbes.com. Restricted ... » Learn More about Restricted Inventories to Squeeze Potential Buyers Through ’20?
Fit to sell
RE/MAX National Housing Report December 2016
November U.S. Home Sales Defy Seasonal Trends - Despite the typical winter slowdown, November home sales finished 19.1% above a year ago and prices increased 1.4% over October. As you may not be aware, we use November sales for the December 2016 Report. RE/MAX National Housing Report ... » Learn More about RE/MAX National Housing Report December 2016
Home values incredibly have room to run
There's still a lot of equity-building potential for homeowners. Home values are still rising in some markets. Freddie Mac's Multi-Indicator Market Index (MiMi) stands at 86, which the mortgage giant says is on the "outer edge of its historic benchmark range of housing activity." Home ... » Learn More about Home values incredibly have room to run
HAMP out and new foreclosure reduction put in
Freddie Mac announced that the Freddie Mac Flex Modification foreclosure prevention program will replace the Home Affordable Modification Program or HAMP that expires at the end of 2016. Both programs were designed to assist at-risk families reduce their monthly mortgage payments. HAMP out and ... » Learn More about HAMP out and new foreclosure reduction put in
It’s a great time for move-up buyers to sell
Smaller homes have seen significant price growth over larger ones, and that means some homeowners may be sitting on a lot of equity - a lot more than they might realize. With rates on mortgages still low by historical standards but anticipated to edge up soon, homeowners with equity in their current ... » Learn More about It’s a great time for move-up buyers to sell