A monthly reading of homebuilder confidence spiked 7 points in December, its first measure done after the presidential election.
It’s becoming harder to get started on the American Dream of home ownership.
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Since Trump’s victory, rising mortgage rates have made homes the least affordable since the Great Recession.
Signed contracts to buy existing homes rose just 0.1 percent month-to-month in October.
Home prices were 5.5 percent higher than September of 2015, up from the 5.1 percent annual gain in August.
A new analysis from ATTOM Data Solutions shows that 3.4 million single family investment homes (non-owner occupied) nationwide are owned by an out-of-state investor. That’s 16 percent of all single family investment homes. In many cases those lower-priced markets are in politically red states with the out-of-state investors often hailing from politically blue states. Passive […]
HomeownershipForget what you think you know about manufactured homes. With prices averaging $71,300, they might just be the affordable housing option you’re looking for. More
Donald Trump promised a better standard of living, but the stock market’s response to his victory is making it harder to buy a home.
Full report will appear here at 12:01 a.m. Eastern Time, Thursday, Nov. 1, 2016. The post Q3 2016 U.S. Home Sales Report appeared first on Newsroom and Media Center.