Tag Archives: First Time Home

Homes Selling at Fastest Pace Since Boom

While homes are certainly selling faster, double digit price gains are not considered healthy, especially when wage growth is nowhere near that. At some point buyers will hit the wall, unable to afford the homes they want. (Read More: US … Continue reading

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Housing Recovery to Face Test as Builders Report

Lack of land, labor and credit are all standing in the way of increasing home buyer demand, and leaving many of the small and mid-sized builders frustrated as their costs soar. They simply don’t have the access to cash that … Continue reading

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Housing’s Big Challenge: $1 Trillion in Student Debt

(Read More: How the Student Loan Crisis Drags Down Home Prices) Their story is getting ever more common, as total student loan balances nearly tripled between 2004 and 2012, according to a new survey from the Federal Reserve Bank of … Continue reading

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Finally: Supply of Homes for Sale Begins to Rise

So the increase in supply is welcome news, as the severe lack of homes for sale has been pushing home prices higher far faster than anyone expected. That swift jump in prices, along with low supply, have been hampering sales, … Continue reading

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Pending Home Sales Fall Due to Dwindling Supply

The Realtors’ monthly index fell 5.4 percent in the Northeast month-to-month, rose 0.9 percent in the Midwest, fell 4.5 percent in the South and fell 8.2 percent in the West. The West, and its severely distressed markets like Phoenix and … Continue reading

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New Housing Fears: Home Prices Are Rising Too Fast

As a result, home prices are now rising more and faster than most analysts predicted due to this short supply, up 7.4 percent year-over-year in November, according to CoreLogic. They are especially surging in some of the hardest hit markets … Continue reading

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Rentals Chip Away at Home Builder Gains

“Single family starts did ‘improve’ suddenly early in 2012 on the Twist gap down in mortgage rates, but it quit ‘improving’ several months ago. Once 2013 data start to come in, the segment could quickly go from year-over-year positive to … Continue reading

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Credit Clips Homebuilder Confidence

After a summer of significant monthly jumps in confidence among the nation’s home builders, fall appears to be bringing in a chill. Builder sentiment edged up just one point in October, according to an industry association index, but credit issues … Continue reading

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California home sales fall in September as prices rise

It’s getting pricier to buy a home in California, with fewer properties on the market and a hike in demand this year. Sales of homes in California fell last month, even as prices continued to rise, according to real estate … Continue reading

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Inventory of lower-priced homes plunges in California

Housing inventory in California keeps coming up short. Lower-priced homes attractive to first-time buyers are in particularly scarce supply, according to a report released Thursday by real estate website Zillow. The number of lower-priced homes available in the Golden State … Continue reading

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