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Limited Supply Spurs Higher Prices in Third Quarter

Persistent supply shortages throughout the country led to slightly faster home price appreciation during the third quarter, according to the latest quarterly report by the National Association of REALTORS®. The report also revealed that seven of the 10 most expensive housing markets…

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While Sales Cool, Manhattan Rents Rise

The real estate market in Manhattan and Brooklyn continues to cool, according to the Q3 2016 StreetEasy® Market Reports. Manhattan rents, however, are now rising faster than Manhattan sale prices. Median rent rose 3 percent over the past year, while median resale price increased by 1.1 percent, which…

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Northwest home sales expected to stay strong this winter

As the Northwest’s housing market wraps up one of the best Octobers on record, it’s predicted to head into a strong winter season. Once again, the market will likely face low inventory, a backlog of buyers and historically low interest…

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California home sales decline as market moves into autumn

Summer is over, and the housing market is transitioning into the fall and winter months. As a result, California home sales followed typical seasonal trends in September and decreased. Madeline Schnapp, director of Economic Research for PropertyRadar, takes a longer-term…

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What's in store for housing in 2017?

Low housing inventory levels plagued the market last year, and it’s still not over. So will next year bring better news or more houses on the market? The National Association of Realtors gave its forecast for next year at the…

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Distressed Home Sales Plunge to Nine-Year Low

Distressed sales—including bank-owned (REO) sales, sales of homes actively in foreclosure, and short sales—accounted for 12.9 percent of all U.S. single-family home and condo sales in Q3 2016. According to ATTOM Data Solutions’ Q3 2016 U.S. Home Sales Report, these…

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