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Piggy bank and model house on dollars Study: In Fla., owning beats renting

LOS ANGELES – July 27, 2017 – Arizona, Nevada and Washington, D.C. are among the 11 states where it’s more affordable to rent than it is to buy a home. But owning a home still beats renting in Florida, according to a study by website GOBankingRates. …continue

A for sale sign with palm trees and a beach. NAR: Foreign investment surges 49% – hits record high

WASHINGTON – July 18, 2017 – Fueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high. In all five of the top feeder countries buying U.S. real estate, the number of transactions grew, according to an annual survey of residential purchases from international buyers released by the National Association of Realtors® (NAR). …continue

A for sale sign and a realtor sign side by side. Report: Buy a home now before prices go even higher

GREENSBORO, N.C. – July 11, 2017 – The risk of home price declines remains low, but affordability is increasingly a concern in cities across the U.S., according to the Summer 2017 edition of The Housing and Mortgage Market Review (HaMMR) published by Arch Mortgage Insurance Company. …continue

Aerial waterfront house with screened pool, dock Fla. home to 43% of top metros for second-home bargains

IRVING, Calif. – July 12, 2017 – ATTOM Data Solutions analyzed the U.S. cities where at least one in every 12 buyers is looking for a second home, and it ranked them based on air quality, comfortable summer temperatures, low crime, appreciating home values and reasonable home prices. …continue

A house under construction with the roof up. New-home sales rise 2.9% in May

WASHINGTON – June 23 – Sales of newly built, single-family homes in May rose 2.9 percent to a seasonally adjusted annual rate of 610,000 units after an upwardly revised April reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. …continue