A Handy Guide to Starting a Home Remodel

(Family Features)—Apprehension and inexperience keep many homeowners from pursuing renovation projects that would make their homes more functional, enjoyable and comfortable. Getting your hands dirty on the front end—with some planning and preparation – is the best...

REALTORS® Expect Home Prices to Increase by 4% in the Next 12 Months

In a monthly survey of REALTORS®, respondents are asked “In the neighborhood(s) or area(s) where you make the most sales, what are your expectations for residential property prices over the next year?” Among the respondents, the median expected price change is four...

Older Boomers: Most Satisfied Buyers Purchasing Forever Homes

Older Boomers, buyers aged 63 to 71 years, made up 14 percent of all home buyers in 2017. The median age for this group was 66 years old and they were born between 1946 and 1954. Within this group, they had the second largest share of single female buyers at 22...

April 2018 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.66 percent this April, up 13.4 percent compared to 4.11 percent a year ago. Housing affordability declined from a year ago in April moving the index...

Housing Shortage Tracker

Home prices around the country are continuing to surge—and they are not likely to slow down any time soon. In the last three years, the national median home price has increased about 20 percent, with annual gains of six percent on average. Meanwhile, in some areas,...

That Frequent Flyer Seat May Be Easier to Book—Here’s Why

(TNS)—Airlines are making it easier for frequent flyers to redeem their travel rewards, as major carriers work harder to keep their most loyal customers happy, according to a seat availability survey released recently. American Airlines showed the biggest improvement,...

In Which States Did Properties Sell Most Quickly in April 2018?

Amid strong demand and tight supply, REALTORS® reported that properties that sold in April 2018 were typically on the market for 26 days, down from 29 days compared to the same month last year, according to the  April 2018 REALTORS® Confidence Index Survey.[1] The...

REALTORS® Report Continued Lack of Homes for Sale in April 2018

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate seller traffic as “Stronger” (100), “Stable”...

No Breakout in Home Sales Despite Good Economy

The economy is quite strong. Job gains for 91 consecutive months have brought the unemployment rate to its lowest level since the year 2000. The latest unemployment rate of 3.8% in May corresponds to 155 million Americans with jobs and only 6.1 million without one and...

June Is National Homeownership Month

June is National Homeownership Month, and the industry is recognizing the importance of homeownership as a milestone of the American Dream. This year’s theme, set by the Department of Housing and Urban Development (HUD), is “Find Your Place.” HUD is one of many...