Tag Archives: housing statistics

Redfin Study: Middle-Class African-Americans and Hispanics Priced Out of Hot West Coast Markets

Fewer than five percent of homes for sale in Portland, Los Angeles, and Denver were affordable on median African-American and Hispanic incomes in 2016 By Jeff Sorg, OnlineEd Blog (June 30, 2017) In 2016, just 18 percent of homes for sale in the 30 largest U.S. metros were affordable for middle-class Hispanic families and 14 […]

Summer is the Best Time to Buy

Most inventory and price cuts occur in August and September By Jeff Sorg, OnlineEd Blog (April 5, 2017) (SEATTLE, May 4, 2017) PRNewswire — Patience pays off for home buyers. The best time to buy a home is late summer when there are the most options and frequent price cuts. As summer approaches, overall inventory of […]

CoreLogic Report Shows Home Prices Up 6.3 Percent Year Over Year in November 2015

Forecast Projects Increase of 5.4 Percent by November 2016 By Jeff Sorg, OnlineEd Blog (January 5, 2016) – CoreLogic® today released its CoreLogic Home Price Index (HPI™) and HPI Forecast™ data for November 2015. The index shows home prices are up year-over-year and month-over-month. Nationwide home prices, including distressed sales, increased by 6.3 percent in November 2015 […]