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  • BuildFax: Housing construction slowdown may be easing up Oct. 16th 2019
    For all of 2019, BuildFax Housing Health Reports have revealed that single-family housing authorizations – what it considers a key indicator of historic recessions – have been decreasing. But the latest BuildFax Housing Health Report has a different tune to it. According to the report, single-family housing authorizations rose 3.57% month over month in September.

  • People still want to live near public transportation, but it’s getting more expensive Oct. 16th 2019
    Living near public transportation has become more and more expensive over the last several years, a new study from the National Association of Realtors and the American Public Transportation Association revealed. The study showed that home prices and rents in neighborhoods located within a half-mile of public transit services rose much faster than those in areas located farther from public transit.

  • U.S. homebuilder confidence rises to a 20-month high Oct. 16th 2019
    Low interest rates and a strong job market propelled homebuilder confidence to 71 points in October, the highest reading since February 2018, the National Association of Home Builders and Wells Fargo said in this month’s Housing Market Index. Greg Ugalde, NAHB’s chairman, said a reduction in new-home inventory is helping to support the market.

  • Total student debt could buy every U.S. house on market…twice Oct. 15th 2019
    Total student debt in the U.S. reached $1.5 trillion, a new all-time high, according to a new study by realtor.com. But what does that mean for the housing market? Together, $1.5 trillion is enough to buy every single home on the market in the U.S. Twice.

  • CoreLogic: California home sales see worst August in 4 years Oct. 14th 2019
    Last month, the California Association of Realtors predicted a slow down for the state’s housing market in 2020. According to a recent report by CoreLogic, cooling home sales are already here. In fact, August marked the fewest home sales for that month in four years.

  • The nation’s hottest home-flipping market might surprise you Oct. 14th 2019
    Nationally, real estate investors purchased 7.7% of all homes in the second quarter, the highest share since 2013, realtor.com said. "The return remains attractive," says George Ratiu, senior economist. The typical difference between purchase and sales price for flips was $62,700, which didn’t include the cost of fixing up the property.

  • NAR: Nantucket and Martha’s Vineyard have largest share of vacation properties Oct. 11th 2019
    Prices for vacation homes are rising faster than the rest of the market, the National Association of Realtors said in a report on Thursday. The median sales price rose 36% from 2013 to 2018. The report also listed the top 26 vacation home areas. Massachusetts snagged the top two spots.

  • These are the nation’s top emerging technology hubs Oct. 10th 2019
    The West Coast is home to some of America’s most prominent tech hubs like San Francisco and Silicon Valley, which both serve as headquarters for industry leaders like Amazon, Google and Apple. While tech hubs tend to boast a plethora of available jobs for software engineers, Real estate brokerage company Redfin claims that sky-high housing costs make these metros relatively unaffordable for the average tech employee. Find out which tech hubs the company considers the most affordable markets for the nation’s tech employees.

  • Zeus Living launches in New York Oct. 09th 2019
    As homebuyers are seemingly being priced out of coastal cities, one company is launching in those areas with a solution geared toward professionals. Zeus Living launched in New York this week and offers furnished homes available for extended stays of 30 days or longer.

  • Redfin: Bidding wars rebound from August’s 8-year low Oct. 09th 2019
    As the nation’s low interest rates continue to drive purchasing demand, a report from Redfin indicates America’s bidding competition strengthened in September. According to the company, 11% of purchasing offers made on its site faced a bidding war during the month. Although this a strong decline from last year’s rate of 41%, it’s still a slight increase from August’s eight-year low of 10%.