Beyond the Headlines- What’s Happening in Real Estate Pt 56
The Dawn Thomas Team is constantly trying to keep our clients and the inquiring public up to date on the goings-on of the Real Estate Market. These days there is so much information coming out daily that it’s hard to keep it all straight and not miss important articles. We’ve recently written about sellers, buyers, taxes and loans-all of these things are important factors in the Real Estate Market-a very integral arm of our current economic climate. So today we give you two articles–and a bit of advice– that we think are important for you, our clients and the public, to know. Read on!
HOME PRICES CLIMB IN 88 PERCENT OF U.S. CITIES
Source: Bloomberg
The NATIONAL ASSOCIATION OF REALTORS® is reporting that prices for single-family homes climbed in 88 percent of U.S. cities in the third quarter. There were double-digit increases in 33 percent of areas. The median transaction price rose from a year earlier in 144 of 163 metropolitan areas measured.
Read the full story
U.S. HOMEOWNERSHIP AT 1995 LEVELS DESPITE HOUSING REBOUND
Source: The LA Times
The Census Bureau has reported that the nation’s homeownership rate was 65.1 percent, which is a small decrease from the third quarter of last year. The homeownership rate is at its lowest level in nearly two decades. The prominent role of investors in driving the housing recovery is evident in the flat rate.
Read the full story
HOME PRICES CLIMB IN 88 PERCENT OF U.S. CITIES
Source: Bloomberg
The NATIONAL ASSOCIATION OF REALTORS® is reporting that prices for single-family homes climbed in 88 percent of U.S. cities in the third quarter. There were double-digit increases in 33 percent of areas. The median transaction price rose from a year earlier in 144 of 163 metropolitan areas measured.
Read the full story
U.S. HOMEOWNERSHIP AT 1995 LEVELS DESPITE HOUSING REBOUND
Source: The LA Times
The Census Bureau has reported that the nation’s homeownership rate was 65.1 percent, which is a small decrease from the third quarter of last year. The homeownership rate is at its lowest level in nearly two decades. The prominent role of investors in driving the housing recovery is evident in the flat rate.
Read the full story
This blog is courtesy of The Dawn Thomas Team who is an award-winning Real Estate Agent team at Intero Real Estate Services in Los Altos 650-701-7822. We help nice people with selling and buying homes in the greater Silicon Valley and Beyond!
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