El Paso, TX is the Most Affordable City to Buy a Home in 2019
We take a closer look at El Paso, the most affordable metro area to purchase a home in 2019 with a median home sale price of $162,000.
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Supply of Homes for Sale Down 0.3 Percent in June, First Annual Decline in 10 Months
The number of homes for sale nationally fell 0.3 percent year over year in late June—the first annual decline since inventory started climbing in September.
The post Supply of Homes for Sale Down 0.3 Percent in June,…
Here’s How Many Affordable Homes Could Be Purchased For $238 Million–The Price of Most Expensive U.S. Home Ever Sold
A New York City penthouse broke records selling for $238M, which is equivalent to purchasing just about every single affordable house on the market in Deltona, Fl, or half of all homes on the market.
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It’s Not All About Demand: Home Prices are Sky-High Where It’s Most Difficult and Most Expensive to Acquire and Develop Land
In expensive coastal metros like San Jose, the value of land accounts for more than half of the typical home’s value, far more than it does in inland areas.
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McAllen, Texas, Salt Lake City and Grand Rapids Have the Highest Homeownership Rates for Single Mothers
Nationwide, 31% of single mothers are homeowners. The rate is higher in certain metros like Salt Lake City and Grand Rapids, and lower in California.
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May Home Prices Up 3.6%, the Largest Year-Over-Year Increase in 7 Months
U.S. home-sale prices edged up again in May, growing 3.6 percent from a year ago to a median of $315,700 across the metros Redfin tracks.
The post May Home Prices Up 3.6%, the Largest Year-Over-Year Increase in…
Redfin and Trupanion Name the 25 Most Cat-Friendly Cities of 2019
Redfin and Trupanion partnered to rank the 25 most cat-friendly cities based on data related to access to vet care and favorable housing features.
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Denver Housing Market Still Shows No Signs of Heating Up; 41% of Sellers Dropped Their Price Last Month
After years of strong price growth, home prices in Denver rose just 1.4% in May. The area’s housing market is showing no signs of heating up.
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Tech Companies Want to Improve Housing Affordability — Which May be Just as Much a Business Strategy as a Community Initiative
Tech companies like Google are committing to build more housing for their employees and neighbors. That could help housing affordability, but it could also ease employers’ recruitment costs. The nation’s largest companies, including Google, Microsoft and…
Do I Need a Real Estate Attorney?
How do you know if you actually need to hire a real estate attorney? Knowing what a real estate attorney does is the first step to ensuring that you and your family are in the best…