Monthly Archives: July 2018

Case-Shiller: Housing Market Pressured by Prices

Affordability is beginning to drag on housing, and there is little price relief in sight, according to the latest S&P CoreLogic/Case-Shiller Indices, which found May prices rising steadily, at 6.4 percent year-over-year. “Not only are prices rising consistently; they are doing so across the country,” says David M. Blitzer, chairman and managing director of the […]

The post Case-Shiller: Housing Market Pressured by Prices appeared first on RISMedia.

Contracts Flicker in June, but Pending Sales Still Underwhelm Year-Over-Year

With an 0.9 percent gain month-over-month, June pending sales slightly sparked, according to the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI)—but, on an annual basis, contracts still underwhelmed, down 2.5 percent. From May to June, activity increased in all of the regions in the U.S.: 0.5 percent in the Midwest; 1.4 percent […]

The post Contracts Flicker in June, but Pending Sales Still Underwhelm Year-Over-Year appeared first on RISMedia.

Appreciation on a Decelerating Trend

Appreciation is on a decelerating trend, according to ATTOM Data Solutions’ latest quarterly report. On a national scale, prices rose 6.3 percent in the second quarter of 2018—the fifth quarter in a row of slowing. “Annual home price appreciation nationwide has now slowed for five consecutive quarters following a post-election spike to double-digit appreciation in […]

The post Appreciation on a Decelerating Trend appeared first on RISMedia.

International Real Estate Sales Slide in U.S.

Against insufficient inventory and mounting prices, international sales are sliding, according to the National Association of REALTORS® (NAR) 2018 Profile of International Transactions in U.S. Residential Real Estate, an annual survey. Foreign home purchases sank 21 percent from April 2017 to March of this year, and, a considerable share of those surveyed “don’t know” what […]

The post International Real Estate Sales Slide in U.S. appeared first on RISMedia.

A New Path to Homeownership®

Home Partners of America Creates New Homeownership Opportunities for Consumers While Creating New Business Opportunities for Agents Not surprisingly, renting skyrocketed in the U.S. in the wake of the housing crisis—and whether it’s due to continued financial restrictions, misinformation about options or other reasons, a decade later, a large swath of the population is still […]

The post A New Path to Homeownership® appeared first on RISMedia.

Paul Breunich: An Unparalleled Value Proposition

Vitals: William Pitt and Julia B. Fee Sotheby’s International Realty Years in Business: 69 Size: 27 offices,1,000 agents Regions Served: Connecticut, New York and Massachusetts 2017 Sales Volume: $4,163,231,909 2017 Transactions: 6,032 No. 34 in sales volume in RISMedia’s 2018 Power Broker Report www.williampitt.com Paul Breunich, president and CEO of William Pitt and Julia B. […]

The post Paul Breunich: An Unparalleled Value Proposition appeared first on RISMedia.

Mortgage Rates Roused After Slipping for Weeks

Mortgage rates roused this week, with the average 30-year, fixed mortgage at a 4.54 percent rate, up from 4.52 percent the prior week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed mortgage rate was 4.02 percent, up from 4 percent the prior week, and the five-year, Treasury-indexed hybrid adjustable mortgage […]

The post Mortgage Rates Roused After Slipping for Weeks appeared first on RISMedia.

Call Now Button