Buoyed by tight supplies in many markets, home prices finished 2015 with a healthy 6.3 percent year-over year gain.
The S&P/Case-Shiller index of home values in 20 cities increased 5.8 percent in November from a year earlier, the strongest advance in nearly 18 months.
Only 55 of the largest 100 U.S. housing markets truly offer “bargains” in which the homes are offered for a lower price compared to other listings without such terms.
It’s becoming increasingly clear that the recovering housing market is facing some headwinds, including home prices outpacing income growth in some areas and tight supplies.
The DCA review is the first-ever study of the gender pricing of goods in New York City across a range of industries.
Sales of existing homes, or resales, dropped sharply in November to the slowest pace in 19 months, with some of the blame going to longer home-closing timeframes.
Of the 43 million families and individuals who rent their homes, 1 in 5 are considered “cost-burdened.”
One impact: Fewer homes for sale, especially lower-priced homes that are both more likely to be underwater, and more likely to be sought by first-time and entry-level homebuyers.
After an 11 percent drop in expected holiday spending from $1,014 per consumer in 2013 to $900 in 2014, holiday shoppers plan to spend 3 percent more in 2015.
Traffic peaks on Black Friday between 2 p.m. and 4 p.m. So getting their early in the morning, or later in the evening, are good strategies.