Real estate news

• CoreLogic: May Prices Up 7.1 Percent

  04-07-2018 22:06
  Analysts are anticipating home prices to tick up, but decelerated to a lesser pace, according to CoreLogic’s latest Home Price Index (HPI®) report.
  CoreLogic data found that May prices rose 1.1 percent month-over-month and 7.1 percent year-over-year. According to a forecast in the report, prices will have risen 0.3 percent in June, and increase 5.1 percent through May 2019.
  Additionally, 40 percent of the 100 largest markets are overvalued, a condition CoreLogic defines as when “
  
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• Sellers Win: Average Homeowner Gaining $40,000 at Resale

  04-07-2018 22:03
  Sellers are winning.
  According to an analysis recently released by Zillow, the average homeowner pocketed $38,856, or a 20.8 percent return, when selling, having had their home for 8.4 years.
  “In a housing market that’s been plagued by low inventory and increasing demand, homeowners in the nation’s hottest markets have been able to cash in when they sell their homes,” says Aaron Terrazas, senior economist at Zillow. “A home is typically the biggest investment someon
  
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