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Leverage our team and tools to help educatedly answer thew most common of questions! This is one of questions this tool assists with! If you want more information, a refresher, or would like training on this or other tools… CALL US TODAY!
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SOURCE S&P Dow Jones Indices and CoreLogic
Paul Davidson , USA TODAY
These are heady days for American home sellers, with a report Tuesday showing that housing prices in March recorded their largest annual increase in nearly three years.
But the gains are inflicting more financial pain on home buyers, though the price run-up has fallen well short of the annual double-digit increases during the mid-2000s housing bubble.
Home prices across the U.S. were up 5.8% annually in March, up from 5.7% the prior month, according to the S&P CoreLogic Case-Shiller national index.Driving the increase were a longstanding shortage of both new and existing homes combined with steady job and income growth that’s prompting more Americans to buy houses for the first time or trade up.
The pace of price gains has accelerated in 2017 after year-over-year increases held fairly steady at a healthy 5% or so from 2014 to 2016.
“Home buyer demand is sky high, inventory levels are near rock-bottom and home prices keep rising,” says Svenda Gudell, chief economist of real estate research firm Zillow.
Podcast of our Meeting with Masters BK & Real Estate!!! Next Class is coming up on May 23rd! Huge thank you to Aruna Rodrigo & CKB Vienna for the support today!!! Great Content! #Bankruptcy#RealEstate #TitleInsurance
In our Series of events with with be opening the conversation on Bankruptcy and how it impacts the real estate transaction. We are honored to have Aruna Rodrigo of CKBVienna out with our Underwriters to discuss the implications, and how to work through these issues.
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