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FHFA Says Home Prices Up 6.3% Year Over Year

FHFA reports that home prices have increased by 6.3% compared to last year.

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The most recent Federal Housing Finance Agency’s House Price Index (HPI) report shows a 6.3% increase in home prices between January 2023 and January 2024. Additionally, the seasonally adjusted monthly index for January rose by 0.1% from December. The FHFA HPI is a comprehensive collection of house price indexes that track changes in single-family home […]

FHFA reports that home prices have increased by 6.3% compared to last year. Read More »

FHFA Says Home Prices Up 5.6% in Year Over Year - Real Estate Investing Today

The Federal Housing Finance Agency (FHFA) has reported a 5.6% increase in home prices over the past year, according to Real Estate Investing Today.

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According to the latest House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA), home prices witnessed a 0.6% increase in August 2023. The report further states that prices have risen by 5.6% from August 2022 to August 2023. The FHFA HPI is a comprehensive collection of house price indexes that track changes

The Federal Housing Finance Agency (FHFA) has reported a 5.6% increase in home prices over the past year, according to Real Estate Investing Today. Read More »

NAR Found Liable for Inflating Commissions; Jury Awards $1.78 Billion in Damages - Real Estate Investing Today

NAR Held Responsible for Inflating Commissions; Jury Grants $1.78 Billion in Compensation – Real Estate Investment News Today

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According to a report from Reuters, a federal court in Kansas City, Missouri has ruled in favor of the plaintiffs in a class action lawsuit against the National Association of Realtors (NAR), awarding them $1.78 billion in damages. The lawsuit represented sellers of over 260,000 homes in Missouri, Kansas, and Illinois between 2015 and 2022

NAR Held Responsible for Inflating Commissions; Jury Grants $1.78 Billion in Compensation – Real Estate Investment News Today Read More »

Pending Home Sales Up 1.1% in September - Real Estate Investing Today

September saw a 1.1% increase in pending home sales – Real Estate Investing Today

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According to the National Association of Realtors (NAR), pending home sales increased by 1.1% in September 2023. The NAR’s Pending Home Sales Index, which is based on contract signings, recorded a value of 72.6 for September. However, the NAR reports that all four regions in the United States experienced a decline in transactions compared to

September saw a 1.1% increase in pending home sales – Real Estate Investing Today Read More »

New Home Sales Up 12.3% in September

In September, there was a notable increase of 12.3% in new home sales.

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According to the U.S. Government, sales of new single-family houses in September 2023 reached a seasonally adjusted annual rate of 759,000, marking a 12.3% increase from the revised rate in August and a 33.9% increase from the same period last year. The median sales price for these new houses was $418,800, while the average sales

In September, there was a notable increase of 12.3% in new home sales. Read More »

Existing-Home Sales Down 2% in September

September saw a 2% decline in the sales of existing homes, according to authentic data.

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The National Association of Realtors (NAR) has reported a 2% decline in existing home sales for September, with a seasonally-adjusted annual rate of 3.96 million. This represents a 15.4% decrease compared to the previous year. Despite a 2.7% increase in total housing inventory from August, the inventory is still 8.1% lower than a year ago,

September saw a 2% decline in the sales of existing homes, according to authentic data. Read More »

The Mortgage Rate Surge

The Rise in Mortgage Rates

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There have been multiple discussions about interest rates in the past few years. According to a graphic from Visual Capitalist, the 30-year fixed-rate mortgage has reached its highest level since 2002. This, coupled with rising home prices and limited inventory, has led to affordability being at its lowest point in history. Stay safe and have

The Rise in Mortgage Rates Read More »

NAR’s Yun Says Mom & Pop Investors Need Capital Gains Cut

NAR’s Yun Advocates for Capital Gains Tax Cut to Benefit Small Investors

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According to the National Association of Realtors (NAR) Chief Economist, Yun, small investors, commonly referred to as “mom and pop investors,” would greatly benefit from a reduction in capital gains taxes. Yun suggests that lowering capital gains taxes would provide these investors with increased opportunities to grow their investments and generate higher returns. By reducing

NAR’s Yun Advocates for Capital Gains Tax Cut to Benefit Small Investors Read More »

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