Home prices have been appreciating in the face of tight supply of homes for sale.
A new volume index for foot traffic was created by aggregating the total traffic each month from a panel of REALTOR® boards from across the United States.
A seller leaseback, also called a sale leaseback or rent back, is a transaction in which the seller sells the property and then leases back the property from the new owner.
The national index level in June reached a new high and is up 5.8% from a year earlier.
In the wake of the great recession, the housing market hit historic lows with prices falling roughly 30% and home sales falling by more than half.
Fannie Mae recently raised the cap on its maximum debt-to-income (DTI) ratio to 50%. Will it help?
An increasing share of foreign buyers are purchasing property in a central city/suburban area, while fewer foreign buyers are purchasing property in a resort area.
At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.14% this June, up compared to 3.84% a year ago.
Foreign buyers, typically purchased properties that are more expensive than properties purchased by domestic buyers.
Florida, Texas, and California: Top State Destinations Among Foreign Buyers in April 2016–March 2017
Proximity to the home country, the presence of relatives, friends and associates, job and educational opportunities, and climate and location appear to be important considerations in deciding where to purchase a property.
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