Tag Archives: reports

Home Values Appreciated at Their Fastest Annual Pace Since August 2006

Portland home values rose 14 percent to a median value of $351,800 By Jeff Sorg, OnlineEd Blog (December 23, 2016) –  In November, national home values rose at their fastest annual pace since 2006, near the peak of the housing bubble. The Zillow® Home Value Index (ZHVI) is $192,500, 2 percent shy of the records set in […]

Seattle and Portland Rents Expected to Rise 6% and 7%

Zillow forecasts rent growth of more than 7 percent in Seattle and 6 percent in Portland By Jeff Sorg, OnlineEd Blog  (October 11, 2016) – According to the latest Zillow® Rent Forecast for August 2016 to August 2017, rents in the West’s tech job centers are predicted to be among some of the fastest growing in the nation […]

Portland Home Values Rise 15 Percent

San Francisco and San Jose are no longer among the top appreciating U.S. housing markets By Jeff Sorg, OnlineEd Blog (September 22, 2016) – U.S. home values are up 5 percent over the past year, to a Zillow Home Value Index (ZHVI) of $188,100, according to the August Zillow® Real Estate Market Reports. Home values have been growing […]

Appraisals Continue to Fall Below Homeowner Value Perceptions

The trend of owners overestimating their home’s value when refinancing continued in August By Jeff Sorg, OnlineEd Blog (September 20, 2016) –  According to a recent report by Quicken Loans, appraisals across the country were an average of 1.56 percent lower than what refinancing homeowners expected in August, based on the company’s national Home Price Perception […]

Average Fixer-Upper Saves Buyers Just 8% For Renovations

The median fixer-upper would save buyers only $11,000 By Jeff Sorg, OnlineEd Blog (September 1, 2016) – Fixer uppers are appealing to some who think they can make a sizeable savings or profit with a flip, but according to a recent report by Zillow Digs® the average 8% discount these buyers save on price might not […]

Home Values Rise for 48th Straight Month – Portland, OR Tops List at 14.7%

 Portland, OR reported the highest year-over-year home value appreciation By Jeff Sorg, OnlineEd Blog (August 18, 2016) –  National home values appreciated for the 48th straight month this July to a Zillow Home Value Index (ZHVI) of $187,300, according to the Zillow® Real Estate Market Reports. Home values are up 5 percent over the past year and […]

July 2016 Housing Starts Climb 5.6% Over July 2015

New residential construction report for July 2016 By Jeff Sorg, OnlineEd Blog (August 18, 2016) – The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for July 2016: BUILDING PERMITS Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate […]

Housing Status Quo Not Working and Voters Blame Banks

“It’s too difficult for people like me to buy a home” By Jeff Sorg, OnlineEd Blog (July 27, 2016) – According to a recent report by Schoen Consulting, voters believe that the housing status quo is not working, especially for people of color, and they blame banks and the federal government for not helping with policies […]

Renters Continue To Perceive Obtaining a Mortgage is Difficult

Renters strongly prefer to own instead of rent By Jeff Sorg, OnlineEd Blog (June 7, 2016) – According to the results of the Federal Reserve Bank of New York’s  February 2016 SCE Housing Survey, renters continue to perceive obtaining a mortgage (if they wanted to buy a home) as difficult, with two-thirds stating that it would […]

Oregon Housing Appreciation Hits 11.8% to Rank No. 1 in Appreciation Says New FHFA Report

U.S. house prices rose 1.3 percent in the first quarter of 2016 according to the Federal Housing Finance Agency (FHFA) House Price Index  By Jeff Sorg, OnlineEd Blog (May 26, 2016) -Washington, D.C. – U.S. house prices rose 1.3 percent in the first quarter of 2016 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). […]