by Susanne Dwyer | Jul 2, 2018 | Latest News, National, News |
After falling hard in the recession, homes in vacation areas are recovering, but slowly, according to an analysis by Zillow: “Vacation home markets have lagged the rest of the country during the economic recovery, despite an exaggerated boom and bust a decade...
by Susanne Dwyer | Jun 30, 2018 | Buying/Selling, Latest News, News |
A bigger piece of the pie. The average homeowner is forking over 17.1 percent of their income for their mortgage, an allocation that has grown from 15.9 percent in 2017, according to a recent report by Zillow. The increase is the second-most significant since the...
by Susanne Dwyer | Jun 3, 2018 | Latest News, News, Spotlights |
Later this year, a 10-year-old settlement and consent decree between the National Association of REALTORS® (NAR) and the U.S. Department of Justice (DOJ) mandating how listings are displayed by online brokerages will expire. Prior to that, on June 5, 2018, NAR will...
by Susanne Dwyer | May 31, 2018 | Latest News, National, News |
Since the financial crisis of 2008, mortgage delinquencies have steadily decreased. During the peak of the recession, over 30 percent of homeowners owed lenders more than the value of their home. Now, underwater mortgages have dipped below the 10 percent mark, to 9.1...
by Susanne Dwyer | May 29, 2018 | Buying/Selling, Latest News, National, News |
Appreciation currently is at its fastest since June 2006, just ahead of the downturn, according to the April Zillow® Real Estate Market Report. Nationally, the median price is $215,600, growing at an 8.7 percent rate year-over-year, according to the Zillow Home Value...