Real Estate Market Trends

Century 21 Market Update August 2014

What's happening in the real estate market as of August 2014?  What are the trends and what do they mean for homeownership?  Watch this short video to learn what Rick Davidson, President of Century 21 Corporation has to say.

Real Estate Market Update June 2014

How is the real estate marketing doing from a national perspective?  Check out Rick Davidson's June 2014 Real Estate Market Update.

Housing Market’s ‘Normal’ State Difficult to Gauge

Housing Market’s ‘Normal’ State Difficult to Gauge - (MCT)—This might be the year in which U.S. housing markets return to normal, judging by real estate industry statements and predictions. But what exactly is “normal” in housing, and how close are local markets to that standard? One way to measure “normal” is to consider home sales, which totaled 5.09 million in 2013, according to […] [RisMedia Consumer News]

What's Ahead For 2014 Housing Market

The housing recovery hit high gear in 2013 with bigger than expected price gains and solid home sales. This year isn't likely to be as exciting. Rising mortgage interest rates will price out some potential buyers. Instead of double-digit price gains, look for single-digit ones, economists say, while existing home sales remain at last year's level.

Sound boring? "You want boring in the housing market," says Svenja Gudell, Zillow director of economic research.

Here's what's ahead for:

U.S. Home Values Seen Gaining Most Since ’05, Zillow Says

U.S. homes gained $1.9 trillion in total value this year, the biggest jump since 2005, as the real estate market rebounded from the recession, Zillow Inc. (Z) said.

At the end of 2013, the housing stock will be worth about $25.7 trillion, Zillow said today in a statement. U.S. homes as a whole lost $6.3 trillion in value from 2007 through 2011 and have recovered 44 percent of that, according to the Seattle-based property-data firm.

US Home Prices Jump 12.4 Percent In July From A Year Ago, Most In 7½ Years

U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains.

The Standard &Poor’s/Case-Shiller 20-city home price index reported Tuesday improved from June, when it rose 12.1 percent from a year ago. And all 20 cities posted gains in July from the previous month and compared with a year ago.