Tag Archives: prices

Lot Shortages to Inflate New-Home Prices

Nearly 60 percent of builders report that the overall supply of developed lots in their areas is “low” or “very low,” marking the largest percentage since the...

House Flips Up 16% as Prices Rebound

Investors are flipping houses again, a trend that had become popular during the housing boom but fell off after home prices started dropping. Now, with home prices back on the rise...

As Home Prices Rebound, Lenders Rush to Unload REOs

The recovery in home prices this year is prompting banks to sell off their REO inventory at a brisker pace. Sales of bank-owned homes made up 10 percent of residential sales in...

With Tight Inventory, Prices Only Going Up From Here

A low number of homes for sale is pushing home prices up to double-digit gains year-over-year, the National Association of REALTORS® reports in its latest existing-homes report....

New-Home Lot Prices Start to Flatten

Home builders no longer are as willing to pay high prices for lots, as new-home sales start to slow. “Since the housing market began recovering in 2011, investors have been bidding...

CoreLogic: Rapid Rise in Home Prices ‘Remarkable’

During the first six months of this year, home prices jumped 10 percent, the fastest pace in 36 years, CoreLogic reports. Mark Fleming, chief economist with CoreLogic, called the 10...

Inventories, Asking Prices Get a Boost

Inventories of homes for sale nationwide increased 4 percent in April, but remain 13.5 percent lower than last year’s inventory levels, according to realtor.com®’s latest report....

Barclays: Home Prices to Rise 10% This Year

Home prices will likely climb 10 percent in 2013 and 8 percent in 2014, according to Barclays analyst Stephen Kim, who recently upgraded his view of the housing market from neutral to...

Land Prices Rise as Builders Scramble for Lots

An improving housing market is creating a sharp increase in land prices and “creating big profits for land investors but putting pressure on builders to further increase the price of...

Home Prices Pick Up at Fastest Pace in 7 Years

Home prices nationwide, which includes distressed sales, soared 10.2 percent year-over-year, according to CoreLogic’s February report. It’s the largest year-over-year increase in...