Housing affordability across the United States declined in June compared to a year earlier. The main reason for the decline is that housing inventory remains very low, causing affordability to weaken in most areas of the country.
Eighty-seven percent of survey respondents reported that home prices remained constant or rose in June 2018 compared to levels one year ago (89 percent in June 2017).
Mortgage rates rose to 4.71 percent this May, up 17.5 percent compared to 4.01 percent a year ago.
Forty-three percent of people who sell without a real estate agent think that if they sell themselves, they’ll end up doing a little extra work in exchange for not paying a commission or closing fee. Research shows that what they actually get is a lot of time spent hustling to make the sale and a final selling price that is less than what the market can bear.
Seventy-six percent of contracts are being settled on time, according to a survey of REALTORS® in the May 2018 REALTORS® Confidence Index Survey.
Members feel that their toughest challenge is keeping up with the new innovations.
Solely relying on just one price estimate is likely to skew the views of what a particular property will actually transact for.
The share of first-time buyers has not increased even with the growing population of 25-34-year-olds because of slow household formation and the delayed transition to homeownership.
Landscape professionals say requests for overall landscape upgrade and landscape management services have been on the rise in the last year.
The economic gains were most noticeable across Europe, where the anxiety sparked by the 2016 United Kingdom referendum decision to leave the European Union gave way to a more tempered outlook.
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