Rent checks are getting bigger. Rents in April were 4% higher than a year before, according to a report from Zillow. That’s the fastest increase in two years, outpacing home prices which rose by 3%, the report showed. Rental affordability is getting worse, and it doesn’t look like it will be improving anytime soon. We […]
Archives: May 2015
US Pending Home Sales Rise for Third Month in a Row
We have some excellent news to report from the national housing market: Evidently US pending home sales index increased for the third straight month in April. This is a great testament that the national housing market is getting back on track and becoming increasingly stable. If you’re considering entering the market anytime soon as a […]
Housing Markets Hit Highest Prices in Nearly 40 Years
The housing market continues to make solid strides in its recovery nationwide, with some states experiencing growth above and beyond their historic peaks, according to a new analysis. Home prices nationwide, including distressed sales, rose 5.9% in March 2015 compared to the same month in 2014, representing 37 months of consecutive year-over-year increases in home […]
5 Baby Boomer Housing Market Trends to Watch
Regardless of where you live, experts are expecting that Baby Boomers will have a major impact on the local housing market. That’s because this sizeable portion of the population is comprised of 76.4 million individuals. And many of them are expected to make major moves over the next several years as they continue to retire. […]