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Climate Improves for Luxury Buyers

One-third of consumers with a gross annual household income of $250,000 or more say they are considering the purchase of residential property in the next 12 months for personal use or as an investment Read More »

Investors Lead August Retreat

August showed a slowdown in traffic for all three groups of homebuyers - current homeowners, first-time homebuyers and investors but investors were the only group in the HousingPulse Homebuyer Traffic Indexes that scored below 50 in August, which indicates traffic dropped below what is considered a "flat" traffic level. Read More »

Competition Cools in Overheated Markets

In one more indication that rising interest rates and replenished inventories are dampening hot markets, the Seattle online brokerage that coined the term "flash sale" reports that the percentage of multibid offers in the largely West Coast markets it tracks has fallen over the past three months. Read More »

Inventories Hit Ten Month High

As the spring home buying season transitions into summer, month-over-month inventories are rising faster than they were as sellers respond to price increases at a faster pace than earlier in the buying season. On a national basis, both list prices and Inventories rose in last month, according to Realtor.com's May data. Read More »

Prices Rose 12 Percent in April

Home prices nationwide, including distressed sales, increased 12.1 percent on a year-over-year basis in April 2013 compared to April 2012. This change represents the biggest year-over-year increase since February 2006 and the 14th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 3.2 percent in April 2013 compared to March 2013*, according to the April CoreLogic HPITM report.
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