home price Archive

Foreign Buyer Residential Purchases Decline to $121 B, According to NAR 2018 International Survey

Foreign buyers purchased $121.0 billion of existing homes from April 2017—March 2018, a 21 percent decline from the past period’s level, according to NAR’s recently released 2018 Profile of International Activity in U.S. Residential Real Estate.[1],[2] Foreign buyers accounted...

Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think

Some homeowners opt to sell their residence without a real estate agent to get around paying a commission and make more of the profit. Forty-three percent of people (down from 48 percent last year) who sell without a real...

UPDATED: Online Home Value Estimates Are NOT Appraisals

This blog was originally published on June 29, 2017.  It has since been updated to reflect new data. Consumers who are seriously in the home buying and home selling market should be mindful of a variety of competing home...

Population and Employment Growth Fuel Homebuying in the West and South States

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 buyer traffic...

Median Prices Rose to Highest Level, But Inflation-Adjusted Prices Still Below Bubble Peak

The median sales price of all existing homes sold rose to its highest level in May 2018, to $264,800. This peak price exceeds the housing bubble peak of $230,400 in July 2006. The median sales price of existing homes...