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New Study: 84% of Millennials Believe Homeownership Is Still Part of the American Dream, But There Are Hurdles to Overcome

– A new survey from Clever Real Estate reveals a full profile of the Millennial home buyer, uncovering insights from how they find homes to what they want to buy. Key insights include: – Millennials are thinking long term about where they buy: They value safe neighborhoods and good school districts over walkability and short commutes. – Millennials are 52% more likely to buy a multi-family property compared to older generations (Generation X and Baby Boomers). – Millennials won’t shy away from a...
Tags: Real Estate, News, Homeownership, Radio, Millenials, St Louis, Pollfish, Real Estate News, Baby Boomers Millennials, Clever Real Estate, Clever Real Estate Clever Real Estate


RE/MAX National Housing Report for December 2018

2018 Home Sales Cool Off, While Inventory Recovers and Price Increases Moderate Denver, CO – Jan. 17, 2019 (PRNewswire) December’s declining home sales and growing inventory solidified 2018 as the year the red-hot seller’s market moved toward a balanced market. Price growth also moderated, though December was the 33rd consecutive month of year-over-year increases in home prices, according to the RE/MAX National Housing Report, which includes 53 metro areas. December’s year-over-year decline in ...
Tags: Real Estate, News, Minneapolis, Radio, 2018, Mls, Salt Lake City, Market, December, Augusta, Metro, Birmingham Al, Honolulu, Trenton, San Francisco CA, Boise


Home Price Growth Hit Six-Year Low in December as Sales Fell 11 Percent, Redfin Reports

Boston and San Jose Both Saw Home-Sale Prices Fall Year Over Year in December Seattle, WA – Jan. 17, 2019 (PRNewswire) (NASDAQ: RDFN) — U.S. home-sale prices increased just 1.2 percent in December compared to a year ago to a median of $289,800, according to a housing market analysis from Redfin (www.redfin.com), the next-generation real estate brokerage. The year-over-year increase in home prices was the smallest since the number went positive in March 2012. The median sale price of homes sold i...
Tags: Real Estate, Boston, San Francisco, Radio, 2018, New Orleans, San Jose, Philadelphia, Rochester, Salt Lake City, Las Vegas, Oakland, Seattle, Detroit, December, Redfin


U.S. Multifamily Sector Remains on the Upswing, According to New Yardi Matrix Report

Job growth and in-migration seen as keys to growth in 2019 Santa Barbara, CA – January 17, 2019 (PRNewswire)The multifamily cycle hasn’t run out of steam despite signs of a slowdown in the economy, according to a new market analysis by Yardi® Matrix. The report projects that “cracks in the economic armor will likely begin to show” this year as the 2017 tax reform’s impact fades and trade uncertainties grow. However, demand in the multifamily industry “is expected to stay healthy as long as jo...
Tags: Real Estate, News, Report, Radio, West, South, Santa Barbara, Santa Barbara Calif, Real Estate News, Yardi, Multifamily, Yardi Matrix, Tacoma Wash Colorado Springs Colo, Reno Nev Rents, Yardi Yardi


Redfin Ranks the 10 Hottest Affordable Neighborhoods of 2019

Most of the Country’s Most Popular Affordable Neighborhoods are in Baltimore and Philadelphia Seattle, WA – Jan. 15, 2019 (PRNewswire) (NASDAQ: RDFN) Expensive coastal hubs remain the most coveted places to live, but neighborhoods in Baltimore and Philadelphia are gaining popularity as the most desired affordable neighborhoods in 2019, according to new reports from Redfin (www.redfin.com), the next-generation real estate brokerage. Redfin’s Hottest Affordable Neighborhoods report is an adaptati...
Tags: Real Estate, New York, Washington, Boston, Chicago, Radio, Portland, Philadelphia, Portland Oregon, Baltimore, Kensington, San Antonio, Hamilton, Redfin, Rebecca Hall, Lowell


2018 HGTV Dream Home for Sale

Gig Harbor, WA – Jan. 12, 2019 (PRNewswire) While the world is watching the HGTV Dream Home give away in 2019, there is a secret to be told. The actual home from the 2018 HGTV Dream Home giveaway is on the market. The 2018 Dream Home is in Gig Harbor, Washington and is listed with Michael Morrison of Morrison House Sotheby’s International Realty. The current owners bought directly from HGTV this summer after the winner opted for the cash settlement from HGTV. Now the 2018 Dream Home owners are ...
Tags: Real Estate, News, Radio, Chase, Tacoma, Giveaway, Hgtv, Dream Home, Morrison, Sotheby s International Realty, Shawn, Pierce County, Gig Harbor, Real Estate News, HGTV Dream Home, Michael Morrison


Homeownership Part of “American Dream”; Housing Costs Deterrent for Non-Owners

Washington, D.C. – January 14, 2019 (nar.realtor) Homeowners and non-homeowners both strongly consider homeownership part of the American Dream. That is according to new consumer survey data from the National Association of Realtors®, which revealed that among those polled, approximately 75 percent of non-homeowners believe homeownership is part of their American Dream, while nine in 10 current homeowners said the same. NAR’s Aspiring Home Buyers Profile analyzed 2018 quarterly consumer insight...
Tags: Real Estate, News, Homeownership, Washington, America, Radio, American Dream, Homeowners, NAR, National Association of Realtors, Yun, Real Estate News, Lawrence Yun Lawrence Yun, Housing Costs, TechnoMetrica Market Intelligence A, Aspiring Home Buyers Profile


LendingTree Study Finds Cincinnati, Milwaukee and Minneapolis are the Best Places to Pay Down Debt

Charlotte, NC – Jan. 14, 2019 (PRNewswire) LendingTree®, the nation’s leading online loan marketplace, today released its study on the best places to pay down debt. Americans’ debt balances continued climbing in 2018, with total consumer debt tracking to top $4 trillion by the end of that year. With balances climbing high, many borrowers will want to use the new year to prioritize paying off debt. LendingTree analysts wanted to find out whether some major U.S. cities afford their residents more...
Tags: Real Estate, News, Minneapolis, Milwaukee, Los Angeles, Debt, Austin, Radio, Ohio, Detroit, Lendingtree, Cincinnati, State, Charlotte NC, Riverside Calif, Real Estate News


Redfin Will Launch Real Estate Brokerage and Search Site in Canada in Early 2019

Buyers and sellers in Toronto and Vancouver will soon be able to work with Redfin agents Toronto, Canada – Jan. 14, 2019 (PRNewswire) (NASDAQ: RDFN) Redfin (www.redfin.ca), the next-generation real estate brokerage, plans to launch a national Canadian real estate search site and brokerage service in Toronto and Vancouver by March, with plans to expand to other provinces in the future. “Our goal is to make buying and selling Canadian homes more affordable, with Redfin agents who always put custo...
Tags: Real Estate, US, Toronto, Search, Radio, Canada, United States, Vancouver, Seattle, Broker, Anderson, Redfin, Glenn Kelman, Canadian, Real Estate News, Competition Tribunal


First-Time Buyers Earn $30,000 More Than Their Peers Who Didn’t Buy a Home

For buyers entering the housing market for the first time, the median household income isn’t enough, according to a new RealEstate.com report Seattle, WA – Jan. 9, 2019 (PRNewswire) Buying a home is one of the most expensive transactions most Americans will make in their life, and breaking into the housing market can be especially difficult for first-time buyers. A new RealEstate.com analysis finds that the typical first-time buyer earns more than the median household income, helping them afford...
Tags: Real Estate, News, Radio, Zillow, Trulia, First Time Buyers, Real Estate News, Zillow Group, Peer, Zillow Inc Trulia, Trulia LLC, DotLoop LLC Naked Apartments, RealEstate.com, Seattle WA Jan, New Home Feed, Naked Apartments LLC


U.S. Home Affordability Drops To More Than 10-Year Low In Q4 2018

But Affordability Improves From Previous Quarter in 58 Percent of Local Housing Markets; Wage Growth Outpacing Home Price Growth in 22 Percent of Markets, Including San Diego, Brooklyn, Seattle, San Jose and Manhattan Irvine, CA – Dec. 20, 2018 (PRNewswire) ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q4 2018 U.S. Home Affordability Report, which shows that the U.S. median home price in the fourth quarter was at the least affordable level since Q3 2...
Tags: Real Estate, News, US, Radio, Bureau of Labor Statistics, Brooklyn, Seattle, Freddie Mac, Orange County California, Daren Blomquist, Real Estate News, San Bernardino County California, U S Bureau of Labor Statistics, Los Angeles County California, Monterey County California, San Diego County California


RE/MAX Holdings To Release Fourth Quarter And Full Year 2018 Results On February 21, 2019

Denver, CO – Jan. 7, 2019 (PRNewswire) RE/MAX Holdings, Inc. (the “Company”) (NYSE: RMAX), parent company of RE/MAX, one of the world’s leading franchisors of real estate brokerage services, and of Motto Mortgage, an innovative mortgage brokerage franchisor, will release financial results for the fourth quarter and full year ended December 31, 2018, after market close on Thursday, February 21, 2019, and will host a conference call for interested parties on Friday, February 22, 2019, at 8:30 a.m....
Tags: Real Estate, David, Radio, Canada, 2018, Results, Investors, Holdings Inc, RE/MAX, Fourth Quarter, Real Estate News, Gail Liniger, Company NYSE, Holdings Inc NYSE, Denver CO Jan


Trulia Reports Housing Inventory Falls Nearly 5 Percent Nationwide as 2018 Closes

Hope for Buyers on the West Coast as San Francisco Bay Area, Seattle, Los Angeles, San Diego and Orange County End Year with Double-Digit, Year-over-Year Gains in For-Sale Homes San Francisco, CA – Dec. 20, 2018 (PRNewswire) The number of homes for sale nationwide tumbled 4.6 percent year-over-year in the last three months of 2018 across all price categories, according to the latest Inventory and Price Watch Report from Trulia®, a home and neighborhood site for homebuyers and renters. This marks...
Tags: Real Estate, New York, News, California, San Francisco, Radio, West, Homes, San Jose, West Coast, Oakland, Zillow, Trulia, Starter Homes, Inventory, Real Estate News


Renting A Home More Affordable Than Buying In 59 Percent Of U.S. Housing Markets

Home Prices Outpacing Wages in 80 Percent of the U.S. Housing Markets Irvine, CA – Jan. 10, 2019 (PRNewswire) ATTOM Data Solutions, curator of the nation’s premier property database, today released its 2019 Rental Affordability Report, which shows that renting a three-bedroom property is more affordable than buying a median-priced home in 442 of 755 U.S. counties analyzed for the report — 59 percent. The analysis incorporated recently released fair market rent data for 2019 from the U.S. Depart...
Tags: Real Estate, Renting, News, California, Boston, Buy, Radio, Bureau of Labor Statistics, Tennessee, Rent, Ohio, Michigan, Rental, Orange County California, U S Department of Housing and Urban Development, Monroe County Florida


Report: RE/MAX is the #1 Real Estate Franchise

Entrepreneur’s Annual Franchise 500 Survey Ranks RE/MAX #15 Overall Denver, CO – Jan. 10, 2019 (PRNewswire) RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, once again ranks as the leading real estate franchise in the 2019 Franchise 500®. RE/MAX has been the top real estate franchise in the annual survey, produced by Entrepreneur magazine, for seven consecutive years. More than 1,000 franchisors applied to be included in this year’s Franchise 500. RE/MAX wa...
Tags: Real Estate, News, Top, Entrepreneur, Rankings, Radio, Canada, United States, North America, Denver, Rank, Real Estate News, Adam Contos, RE/MAX, MAX LLC, Ranks


Zillow to Award $1 Million Prize for an Improved Zestimate Later This Month

The winning team beat nearly 4,000 teams from around the world and bested a Zillow benchmark model Seattle, WA – Jan. 10, 2019 (PRNewswire) After almost two years and submissions by nearly 4,000 teams, the results are in. On January 30, 2019, Zillow will reveal the winner of the $1 million competition to improve the accuracy of the Zestimate. Zillow will also award $100,000 to the second-place team and $50,000 to the third-place team, officially concluding the Zillow Prize competition. In the q...
Tags: Real Estate, Competition, Radio, Zillow, Seattle Wa, Real Estate News, Zillow Group, Stan Humphries, Zillow Group NASDAQ, Zestimate, Zestimate Zillow, One Million Dollars


Interest Rates More Severely Impacting Home Values but Not First-Time Buyers, According to Experts

An expert panel predicts the homeownership rate – led by first-time buyers – will climb above the historic norm within five years, despite rising interest rates. Seattle, WA – Jan. 10, 2019 (PRNewswire) Home values have become more sensitive to changing mortgage interest rates as rates climb back toward historic norms. Years of rates near historic lows have kept monthly payments manageable even as home values were rapidly rising. That’s according to the most recent Zillow® Home Price Expectatio...
Tags: Real Estate, News, Interest Rates, Research, Radio, Zillow, First Time Buyers, Real Estate News, Zillow Group, Zillow Inc, Home Values, Zillow Zillow, Seattle Zillow, Terry Loebs, Svenja Gudell Dr Gudell, Zillow Real Estate Research Zillow


CoreLogic Loan Performance Insights Find Delinquency Rates in October Dropped to the Lowest Level in at Least 18 Years

U.S. serious delinquency rate was the lowest since November 2006 Total past due and serious delinquency rates were down annually in October in all states except North Dakota, where the rates remained unchanged Some hurricane-affected metros in the Carolinas and Florida Panhandle suffer jumps in key delinquency rates Irvine, CA – January 8, 2019 (BUSINESS WIRE) CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its month...
Tags: Real Estate, Mortgages, Radio, Asia Pacific, North Dakota, Hawaii, North, Kilauea, South Carolina, Big Island, Myrtle Beach, Carolinas, Irvine, Hawaiian Islands, Corelogic Inc, Irvine Calif


Women, Millennials, and Hispanics Will Shape the Future of Housing

– Ten of the top 20 and seven of the top 10 fastest-growing buyer first names are predominantly millennial female names – Home deeds with predominantly millennial first names grew 5.3 percent year-over-year – Home sales associated with traditionally Hispanic first names increased 4.1 percent year-over-year Santa Clara, CA – Jan. 9, 2019 (PRNewswire) The future of real estate will be significantly influenced by women, millennials and Hispanics, according to realtor.com®’s analysis of first names ...
Tags: Utah, Real Estate, Women, Woman, Radio, New Jersey, Arizona, Millennials, Victoria, Hispanics, Social Security Administration, News Corp, Taylor, East Coast, Central America, Caribbean


LendingTree Releases Monthly Mortgage Offer Report for December

LendingTree’s Chief Economist analyzes December’s mortgage offers Charlotte, NC – Jan. 9, 2019 (PRNewswire) LendingTree®, the nation’s leading online loan marketplace, today released its monthly Mortgage Offers Report, which analyzes data from actual loan terms offered to borrowers on LendingTree.com by lenders on LendingTree’s network. The purpose of the report is to empower consumers by providing additional information on how their credit profile affects their loan prospects. December’s best...
Tags: Real Estate, Mortgages, Radio, 2018, December, Lendingtree, Real Estate News, Lendingtree Inc, APR, LTV, Lending Tree, LendingTree LLC, Twitter @LendingTree Media Contact, Megan Greuling, Charlotte NC Jan, Mortage


Housing Confidence Down as More Americans Believe It’s a Bad Time to Buy a Home

Washington, D.C. – Jan. 7, 2019 (PRNewswire) The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased in December, falling 2.7 points to 83.5, resuming its recent downward trend after November’s slight uptick. The decrease can be attributed primarily to a 12-percentage point decrease in the net share of Americans who said it is a good time to buy a home. The net share of Americans who said it is a good time to sell a home increased 1 percentage point. Respondents reporting significantly hi...
Tags: Real Estate, News, Housing, Washington, Confidence, Radio, NHS, Fannie Mae, Real Estate News, Doug Duncan, PSB, National Housing Survey, Housing Confidence, HPSI, Fannie Mae s National Housing Survey NHS, Fannie Mae Although


LendingTree Study Finds San Francisco, San Jose and Washington, D.C. Are the Top Places Minority Entrepreneurs Are Succeeding

Charlotte, NC – Jan. 8, 2019 (PRNewswire) LendingTree®, the nation’s leading online loan marketplace, today released its study on the places where minority entrepreneurs are succeeding. Minority entrepreneurs have a major presence in the U.S. business landscape, as there are about eight million minority-owned businesses throughout the country. However, not all of these business owners are succeeding. Several factors could be at play, such as access to capital, which has long been a hurdle for...
Tags: Real Estate, California, Washington, Milwaukee, San Francisco, Entrepreneurs, Entrepreneur, Radio, Missouri, San Jose, Kansas City, Cleveland, St Louis, East Coast, Minorities, Lendingtree


Realtors Property Resource® Sees Record 2018 Engagement

User sessions increase by 29.5 percent year-over-year from 2017 Chicago. IL – Jan. 8, 2019 (PRNewswire) Realtors Property Resource® , a subsidiary of the National Association of Realtors®, reached a major user engagement milestone on its real estate data and analytics platform. As of December 31, 2018, engagement with RPR among NAR members soared to a record 14.7 million sessions—a notable 29.5 percent increase from 2017. Throughout 2018, Realtors® spent more than 100 million minutes researching...
Tags: Real Estate, Radio, Mls, Association, NAR, National Association of Realtors, Real Estate News, RPR, Realtors Property Resource, CIE, Jeff Young, Bob Goldberg, National Association Of, Chicago IL Jan, Janine Sieja, Commercial Information Exchanges


Quicken Loans Study: Less Than Half a Percent Difference Between Owner and Appraiser Opinions of Home Values

– Quicken Loans’ National HPPI shows appraised values 0.45% lower than homeowners estimated in December – Home values rose 0.79% nationally in December, and posted a 5.15% year-over-year increase, according to the Quicken Loans HVI Detroit, MI – Jan. 8, 2019 (PRNewswire) The year ended with owner and appraiser perceptions of home values slightly moving in different directions, although the difference remains less than half a percent nationally. Appraisal values were an average of 0.45 percent lo...
Tags: Real Estate, Boston, Radio, San Diego, Detroit, Real Estate News, J D Power, Quicken Loans, Home Value, Home Values, Quicken Loans Inc, Appraisal, Detroit Cleveland, Essence Magazine, Appraiser, Quicken Loans National HPPI


Redfin Survey: Gen-Xers & Older Millennials Believe Stocks are a Better Investment than Real Estate

35-44 year olds were hit hardest by the housing bust just as they reached prime first-time homebuying age Seattle, WA – Jan. 7, 2019 (PRNewswire) (NASDAQ: RDFN) Less than half of homebuyers and sellers between the ages of 35 and 44 believe that real estate is a better long-term investment than the stock market, according to a survey from Redfin (www.redfin.com), the next-generation real estate brokerage. In December 2018, Redfin surveyed more than 2,600 people nationwide who at the time bought o...
Tags: Real Estate, Radio, United States, Millennials, Survey, Stock, Redfin, Millennial, Gen Xers, Real Estate News, Red Fin, Seattle WA Jan, Daryl Fairweather This, Younger Baby Boomers


30-Year Mortgage Use Spikes In Final Quarter Of 2018

Lemoyne, PA – Jan. 3, 2019 (PRNewswire) The use of the 30-year mortgage saw a substantial spike in the fourth quarter of 2018, according to the Welcome Home survey recently conducted for the Pennsylvania Association of Realtors®. The share of new Pennsylvania homebuyers using a 30-year mortgage climbed from 38 percent in the third quarter to 50 percent in the fourth quarter. “Thirty-year mortgages are the most common financing for home purchases and that has remained constant over the last seve...
Tags: Real Estate, News, Mortgages, PA, Radio, Pennsylvania, Mortgage, Zillow, Real Estate News, Lemoyne, Welcome Home, Pennsylvania Association of Realtors, 30 Year Fixed, William McFalls Jr, McFalls, Pennsylvania Association of Realtors ®


FAU Study Shows U.S. Housing Market Overheated, But Only Slight Downward Pressure on Demand for Home Ownership

Boca Raton, FL – Jan. 3, 2019 (PRNewswire) National housing prices as a whole are slightly overheated and residential real estate markets are experiencing minimal downward pressure on the demand for home ownership, according to a new study from faculty at the Florida Atlantic University College of Business. The study’s author, Ken Johnson, Ph.D., a real estate economist with FAU’s College of Business, said the U.S. is nearing the peak of the current housing cycle, evidenced by the fact that pro...
Tags: Real Estate, Housing Market, Radio, Houston, Johnson, FAU, Shiller, Real Estate News, Dallas Denver, US Housing Market, Ken Johnson, Beracha Hardin Johnson, Florida Atlantic University College of Business, FAU s College of Business, FAU Study Shows U S Housing, Boca Raton FL Jan


Rising Mortgage Rates Take Big Bite out of Buyers’ Budgets

– A slowing housing market doesn’t mean it has suddenly become a good time for prospective home buyers as rising rates keep mortgage payments climbing. – If rates reach 6 percent, the typical U.S. buyer will have $52,800 less to spend on a home. – The brunt of rate increases is felt most sharply in pricey places like San Jose – where shoppers might soon be looking at homes $100,000 less expensive – Washington, D.C., and Boston. It most lightly hits pocketbooks in Miami and Tampa. – Nearly 50,000...
Tags: Real Estate, Budget, Washington, Boston, Buyers, Mortgages, Radio, Miami, San Jose, Zillow, Tampa, Buyer, Seattle Wa, Real Estate News, Zillow Group, Zillow Inc


U.S. Renters Spent $504 Billion on Housing in 2018

– Renters spent more on housing than ever before in 2018, even with fewer renter households – Renters paid $12.6 billion more in rent this year than they did in 2017 – which is about a 2.6 percent increase. – There are about 43.2 million households renting in the United States, a slight decline from 2017. – More than 10 percent ($55.6 billion) of all rent collected in the United States came from renters living in the New York City metro area. – Rents are currently rising the fastest in Orlando a...
Tags: Amazon, Real Estate, New York, Money, News, New York City, San Francisco, Radio, United States, 2018, Belgium, Rent, Las Vegas, Jeff Bezos, Zillow, Orlando


California Captured One-Third of the National Housing Recovery

– The United States housing market has gained nearly $11 trillion since bottoming out in 2012; California’s housing market got $3.7 trillion of it – The cumulative value of the national housing market increased by $1.9 trillion in 2018 to a total of $33.3 trillion. – New York/Northern New Jersey is the most valuable single housing market, worth nearly 10 percent of the nation’s overall value. – Four of the ten most valuable housing markets are in California – Los Angeles, San Francisco, San Jose...
Tags: Florida, Real Estate, California, Atlanta, Chicago, Radio, United States, San Diego, Zillow, Real Estate News, Zillow Group, Zillow Inc, Zillow Zillow, New York Northern New Jersey, Seattle Zillow, Zillow Home Price