Two new data reports have reaffirmed the continued acceleration of home prices. The national required household income to purchase the median priced home rose to $116,000 in April, after accounting for the cost of tax and insurance, according to new data from...
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.4% annual gain for February, up from a 6.0% rise in the previous month. The 10-City Composite showed an increase of 8.0%, up from a 7.4% increase in the previous month, while the...
Single-family home prices were up in February by 5.5% year-over-year, according to new data from CoreLogic. On a month-over-over measurement, prices were up by 0.7%. Among states, South Dakota ranked first for annual appreciation in January (up by 13.8%), followed by...
Real estate investor and “Shark Tank” star Barbara Corcoran has warned that that lower interest rates will results in home prices going “through the roof.” In an interview with Yahoo Finance, Corcoran opined that lower rates would bring more buyers into a housing...
A slew of new listings in Virginia helped to boost the state’s home sales in February, according to new data from Virginia Realtors. Last month saw 1,400 more new listings compared to one year earlier, a 16.7% upswing. This resulted in 16,004 homes on the market, a...
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