Housing Wire

APRIL 18, 2023

Home equity and retirement savings accounts represent over 60% of a household’s net worth, according to the U.S. Census Bureau , and the last decade has resulted in a significant uptick in low-income homeowners’ home values. The highest median home value was among Asian Americans at $521,620.

Home Value 435

Home Value Bracketing Realtors Finance 435

Empire Appraisal Group

JANUARY 2, 2025

housing market has experienced positive annual appreciation each quarter since the start of 2012. The FHFA HPI is a comprehensive collection of publicly available house price indexes that measure changes in single-family home values based on data that extend back to the mid-1970s from all 50 states and over 400 American cities.

Home Value 78

Home Value Finance Realtors Housing Market 78

Empire Appraisal Group

MARCH 6, 2025

After the Great Financial Crisis in 2008, Floridas home prices began recovering in 2012 and have made modest but steady gains over the next eight years. Between 2012 and 2019, home prices grew by 9%. Whats a Realtor to do? The result fewer first-time homebuyers are in todays market.

Buyers 78

Buyers Realtors Investors Real Estate 78

Will Springer Realtor

SEPTEMBER 3, 2024

Take a look at this chart from Freddie Mac, courtesy of the National Association of Realtors®: It shows the average mortgage interest rate between 1971 and mid-2024 to be 7.74%. Rates barely exceeded the average for two weeks in the autumn of 2023, peaking on Oct. 26 at 7.79% – or by five-hundredths of a percentage point.

Mortgage 52

Mortgage Buyers Sellers Home Value 52

Eppraisal

APRIL 12, 2022

" Home prices are increasing at levels we couldn't even imagine a few years ago. According to the same article, "Last year, home values appreciated an average of 15% across the nation." Millennial Home Buyers The largest group of home buyers today are the Millennials, also known as Generation Y.  These

Home Value 36

Home Value Real Estate Buyers Realtors 36

Empire Appraisal Group

OCTOBER 28, 2021

To put that in perspective, more than 11 million mortgages entered the foreclosure process between 2008 and 2012 – which included the Great Recession – according to the Federal Reserve Bank of St. “And it’s going to be geographically spread out so it will not have a big impact on the housing market.”. Two economies.

Inventory 78

Inventory Housing Market Construction Real Estate 78

Cornerstone

MARCH 12, 2021

If there’s a surge of foreclosures, will home values start to decline? This can cause worry for two main reasons: A buyer doesn’t want to purchase a home in a hot market, only to have values plummet. A seller may prefer to put off their plans and wait until the market is stable.

Clients 65

Clients Sellers Loan Officers Real Estate 65