Pricing

New Home Sales Up 12.7% From Last Year

New Home Sales Up 12.7% From Last Year | Simplifying The MarketAccording to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July and 12.7% from last year! This marks the second consecutive month with double-digit year-over-year growth (12.8% in July). The report also showed that builders have ramped up construction with an increase in new […]

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What’s Going On With Home Prices?

What’s Going On With Home Prices? | Simplifying The MarketAccording to CoreLogic’s latest Home Price Insights Report, national home prices in August were up 5.5% from August 2017. This marks the first time since June 2016 that home prices did not appreciate by at least 6.0% year-over-year. CoreLogic’s Chief Economist Frank Nothaft gave some insight into this change, “The rise in mortgage rates this […]

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Are Home Prices Softening or Are They Falling?

Are Home Prices Softening or Are They Falling? | Simplifying The MarketWe are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these two situations will have on home values. Many of these […]

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How Much Has Your Home Increased in Value?

How Much Has Your Home Increased in Value? | Simplifying The MarketHome values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price. The […]

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Home Prices: The Difference 5 Years Makes

Home Prices: The Difference 5 Years Makes | Simplifying The MarketCoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show how prices over the last five years have fared. The graph below was created to show the […]

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Home Prices Have Appreciated 6.9% in 2018

Home Prices Have Appreciated 6.9% in 2018 | Simplifying The MarketBetween 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey. Every month, the economists at CoreLogic release the results of their Home Price Insights Report, which includes the actual year-over-year change in prices across the country and […]

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Home Prices Up 6.49% Across the Country! [INFOGRAPHIC]

Some Highlights:

The Federal Housing Finance Agency (FHFA) recently released their latest quarterly Home Price Index report.
In the report, home prices are compared both regionally and by state.
Based on the latest numbers, if you plan on relocating…

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What Does the Future Hold for Home Prices?

What Does the Future Hold for Home Prices? | Simplifying The MarketHome prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to answer these questions based on what has happened in the past as well as what we know about […]

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