Housing Wire

JANUARY 2, 2023

Annual home price growth continued to slow in October, with the year-over-year price gain shrinking for the seventh consecutive month, according to the S&P CoreLogic Case-Shiller National Home Price Index , released last Tuesday. Nationwide home prices posted a yearly gain of 9.2% in October, bringing the index to a reading of 298.99. In September , the index recorded a year-over-year increase of 10.7%.

Home Value 392

Home Value Housing Market Contracts Sellers 392

Lamacchia Realty

JANUARY 2, 2023

SIMPLE WAYS TO ADD PROPERTY VALUE. Having a property is more than just an emotional endeavor. Additionally, it’s a financial choice that could pay off as you accumulate equity in your house and witness your property value rise over time. The neighborhood in which your property is located, the housing demand in the area, and the state of the economy all impact how quickly this property value will rise.

Renovations 76

Renovations Realty Buyers Real Estate 76

Housing Wire

JANUARY 2, 2023

Rocket Mortgage is providing up to $7,500 in credits for first time homebuyers to use toward their mortgage costs as it looks to court customers in underserved communities in select major cities. The special purpose credit program , dubbed “Purchase Plus,” launched in the last week of December. The goal is increase homeownership accessibility in targeted census tracts in six major cities — Atlanta, Baltimore, Chicago, Detroit, Memphis and Philadelphia, Rocket said in a release. .

Mortgage 375

Mortgage 375

BiggerPockets

JANUARY 2, 2023

Before buying a rental property, real estate investing can seem scary. Only experienced landlords know how to deal with closing delays, overbudget rehabs, and tenant issues. But that doesn’t mean […].

Landlords 65

Landlords Tenants Investors Real Estate 65

Housing Wire

JANUARY 2, 2023

The housing market has been wild the last few years, making weekly data more critical. This is why I’ve created the Housing Market Tracker — a weekly analysis of purchase apps, housing inventory and mortgage rates that will be published every Monday. I want to focus on these three data lines because they will give us a glimpse into the future, so we don’t have to wait for the existing home sales data, which can be old if the market turns.

Inventory 458

Inventory Housing Market Marketing Mortgage 458

BiggerPockets

JANUARY 2, 2023

The average renter’s income is stretched thin from inflation, and more than 40% of renters are considered cost-burdened because they’re spending 30% of their income or more on housing costs. People are […].

Housing Market 58

Housing Market Marketing 58