archivehome prices

Key Takeaways: While the 20 top hottest housing markets are again located in Colorado, North Carolina, Florida and Texas, they’re also located in Tennessee, Oregon, Georgia and Arizona. Three of the top five hottest markets in both June and December were Durham, Raleigh and Charlotte, North Carolina, mostly thanks to strong buyer demand and relatively high affordability. Markets to watch that improved the most between June and December 2023 include Cleveland, Virginia Beach, Virginia, and Detroit. Cleveland's HMI score jumped 8.8 points to 62.3, mostly due to a rise in...

Luckily for homebuyers, house hunting apps are growing in number and sophistication. As the online real estate marketing industry becomes more competitive, mobile apps are getting better at helping consumers find accurate housing information while offering features to help users narrow down their search. “My clients often use StreetEasy, Zillow and Redfin,” says Nicole Beauchamp, associate real estate broker of Sotheby’s International Realty in New York. Some apps are also collaborative or have extra features for real estate agents. “I really like to be able to see the history on...

The ballooning value of property in America is exacerbating the gap between the haves and have-nots. As Fannie Mae CEO Priscilla Almodovar said late last year, U.S. housing is facing a major dichotomy.  “It’s a tale of two markets,” she told MarketWatch in an interview at the Mortgage Bankers Association’s annual conference. “Homeowners are in good shape because they probably have a lot of equity in their homes.” Meanwhile, those who aren’t yet owners are clamoring to break into an exceedingly expensive housing market with mortgage rates not seen in...