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Prices of Homes for Sale Typically Increased in 81 Percent of Metro Areas in July 2018

Amid tight supply, home prices are still increasing although at a slower pace. Nationally, the median price of existing homes sold in July 2018 rose to $269,600, up 4.5% from one year ago, but slower than the 5.7% appreciation...

With Higher Mortgage Rates and Home Prices, REALTORS® Reported Slower Homebuying in July 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...

Which Metro Areas Have Rising Prices and Faster Selling Time as of June 2018?

Home prices continue to increase although the pace of price appreciation has slowed. As of June 2018, the national median sales price of existing homes sold rose to a peak of $276,900, the highest level since 20001 when NAR...

Manufactured Homes: Affordable, Safe, and Decent Housing for Aspiring Homeowners

This blog highlights the findings of a May 2018 Realtor® University Center for Real Estate Studies[1] research paper that found that manufactured homes[2] have increasingly become safer, with customized designs that give them the look of site-built homes, while...

Florida, California, and Texas: Top Foreign Buyer Destinations, According to 2018 NAR Survey

Foreign buyers purchase property across the United States, but 52 percent of international buyers are still concentrated in five states: Florida, California, Texas, Arizona, and New York, according to NAR’s recently released 2018 Profile of International Activity in U.S....