RISMEDIA, Friday, December 16, 2016— More forecasts for housing in 2017 are trickling in, most recently out of CoreLogic, which estimates home prices will increase 4.6 percent by this time next year. Prices this October, according to CoreLogic's Home Price Index (HPI), increased 6.7 percent year-over-year, and 1.1 percent month-over-month.
"While national home prices increased 6.7 percent, only nine states had home price growth at the same rate of growth or higher than the
RISMEDIA, Friday, December 16, 2016— Mortgage rates picked up again this week, according to Freddie Mac's Primary Mortgage Market Survey® (PMMS®), posting the seventh straight week of an increase since surpassing 4 percent for the first time this year. Per the survey, the 30-year fixed-rate mortgage averages 4.16 percent with an average 0.5 point, up from 4.13 percent the week prior. The 15-year fixed-rate mortgage averages 3.37 percent with an average 0.5 point, also up from
RISMEDIA, Tuesday, November 29, 2016— Many people are interested to know what kind of return on investment they can expect when upgrading certain items in their homes and which items they should prioritize first. This is especially relevant when selling their home or investment property.
When it comes to house sales and particular rooms, the kitchen is often the room that will make or break a sale. Kitchen projects that are budgeted between 6-10 percent of the total home v
RISMEDIA, Tuesday, November 29, 2016— The apartment and condominium market posted gains in the third quarter of 2016, up from 50 to 53 in the National Association of Home Builders (NAHB) Multifamily Production Index (MPI), a measure of builder and developer sentiment that generally leads U.S. Census Bureau figures. An above-50 rating indicates an improving outlook.
Data on low-rent units, market-rate rental units and for-sale units (condominiums) are included in the MPI. I
RISMEDIA, Tuesday, November 29, 2016— Cape Cod landmark Sipson Island in Orleans, Mass., has been listed for $12,500,000. Available in its entirety for the first time in decades, Sipson Island is poised to become one of only a handful of truly private islands off the coast of Cape Cod, with nearly 25 pristine acres lined by sandy beaches on Pleasant Bay, an international boating and sport fishing destination.
Comprised of nine discrete parcels of varying size, the island i
RISMEDIA, Tuesday, November 29, 2016— The maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac will increase to $424,100 for most markets in 2017, the Federal Housing Finance Agency (FHFA) recently announced, indicating health in the housing market. The increase in the baseline loan limit, the first since 2006, came only after homes regained pre-recession value, as mandated by the Housing and Economic Recovery Act (HERA).
The maximum loan lim
RISMEDIA, Tuesday, November 29, 2016— Home prices in the U.S. grew 1.5 percent in the third quarter of 2016, according to the Federal Housing Finance Agency’s (FHFA) recently released House Price Index (HPI), up 6.1 percent since the third quarter of 2015. Prices grew in 49 states, with Delaware and the District of Columbia showing no appreciation.
“Our data indicate the deceleration in home price growth that we observed in late spring proved to be short-lived,” says FHFA