The big news in real estate markets, recapped for your convenience
We have liftoff. The long and short of it follow -- short first. The immediate reaction to the Fed’s first hike in 1- years, from a band “0 percent to .25 percent” to .50 percent: The prime rate moved mechanically to 3.50 percent, rising in lockstep as it will after each future increase in Fed funds.
Prices are low, and there's a lot of new construction
Statewide values represented a year-over-year increase of 5.9 percent
More renters earn high incomes and spend 30 percent on rent
Right now is a good time for Bay Area sellers
Don't just listen to mainstream media
Market was only outdone by Atlanta
Brickell is home to the largest concentration of new condo development
Our daily summary of market news, updated regularly with new tidbits
A majority of Americans view homeownership as part of American dream but are lukewarm about economic conditions
The Windermere president gives his outlook for the next year
The nation's home prices slipped after nine months of increases
The nation's home prices slipped after nine months of increases
19 percent of Harris County ZIP codes are at high or very high risk
The nation's home prices slipped after nine months of increases