Tag Archives: statistics

Builder Confidence Holds Firm in April

All three components posted losses in April By Jeff Sorg, OnlineEd Blog (April 18, 2017) NATIONAL ASSOCIATION OF HOME BUILDERS – Builder confidence in the market for newly-built single-family homes remained solid in April, falling three points to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after an […]

Stats Say The Best Time to List is in Early May

On average homes listed in early May sell nine days faster and for one percent more  OnlineEd Blog (March 2, 2017) – Zillow– Listing a home toward the end of spring significantly increases a seller’s chances of selling their home faster and for more money, according to new analysis from Zillow. Nationally, homes listed from May 1 […]

Los Angeles Housing Market is the Most Valuable Metro Area, Worth $2.5 Trillion

U.S. housing market regains value lost during the housing crisis By Jeff Sorg, OnlineEd Blog (December 30, 2016) – Zillow® is reporting that the housing market saw a strong year of appreciation, growing 5.7 percent in value, or $1.6 trillion. The U.S. housing market has regained all the value lost during the housing crisis. The cumulative […]

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 […]

Redfin Housing Demand Index Cooled in October

After a Strong September, Fewer Buyers Toured Homes and Made Offers in October By Jeff Sorg, OnlineEd Blog (December 1, 2016) – The Redfin Housing Demand Index declined 3.5 percent to a seasonally-adjusted level of 100 in October, according to Redfin (www.redfin.com), the next-generation real estate brokerage. A level of 100 represents the historical average for […]

White and Asian Borrowers More Likely to be Approved for a Conventional Loan

Black and Hispanic applicants twice as likely to be denied mortgages By Jeff Sorg, OnlineEd Blog (November 3, 2016 – Zillow) White and Asian borrowers are more likely to be approved for a conventional loan than black or Hispanic borrowers, according to the latest federally released data from the Home Mortgage Disclosure Act (HMDA). The disparity […]

First-time Buyers, Single Women Gain Traction in NAR’s 2016 Buyer and Seller Survey

 For-sale-by-owner transactions remained at an all-time low for the second straight year (November 1, 2016) – WASHINGTON  — The quickening pace of home sales over the past year included a small rebound from two key segments of buyers who have been missing in action in recent years: first-time buyers and single women. This is according to the […]

Portland, Dallas, and Seattle Report the Highest Year-Over-Year Home Value Appreciation

Rents in Seattle are up just over 9 percent and in Portland, rents are up 7 percent By Jeff Sorg, OnlineEd Blog (October 20, 2016) –  U.S. home values are up 5.5 percent over the past year according to the September Zillow® Real Estate Market Reports. This is the fastest pace of appreciation in more than two […]