Sales of Homes for Investment Purposes On the Decline

As reported in the August 2014 REALTORS® Confidence Index Report, sales to investors fell to 12 percent of home sales in August, from the average of about 18-20 percent in 2010-2013. One reason for the decline is that as...

Latest GDP and Forecast

The economy grew solidly in the second quarter, expanding at a 4.6 percent annualized rate. Business spending and residential investment from new home construction are leading the way. Such a fabulous growth rate, if it can be sustained, will...

Signs Suggest Looming Opportunity for First-time Buyers

CoreLogic reported Thursday that the number of underwater homes, properties worth less than what is owed on them, fell from 6.3 million to 5.3 million between the 1st and 2nd quarters of 2014. This change is large and important...

Market Outlook in the Next Six Months for Single Family Homes

REALTORS® who responded to the monthly RCI survey were still generally optimistic about conditions in their local markets for single family homes in the next six months, according to the August REALTORS® Confidence Index Survey. The map shows by...

Latest Trend in Repeat Price Index

Home prices appreciated 4.4 percent on average across the country. This increase reflects a genuine price growth for a typical home as it reflects a constant quality repeat-price measurement. Such a gain would translate into about $900 billion in...