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  • Median home prices grew in 96% of metros during Q2 Aug. 12th 2020
    The national median existing single-family home price in Q2 was $291,300, a 4.2% year-over-year climb. San Jose, California came in as the most expensive metro. The post Median home prices grew in 96% of metros during Q2 appeared first on HousingWire.

  • In a hot housing market, gap between purchase price and appraiser condition ratings causes headaches Aug. 11th 2020
    Last week, HousingWire reported surging mortgage volume and record low interest rates are putting excess pressure on appraisal turn times. This week, appraisal experts said those same variables are having a profound impact on an age-old conflict of appraisal reports versus what the market believes the home is worth. The post In a hot housing market, gap between purchase price and appraiser condition ratings causes headaches appeared first on HousingWire.

  • Low mortgage rates and low inventory resulted in more bidding wars in July, Redfin says Aug. 10th 2020
    For the third consecutive month, Redfin said that more than 50% of its home offers faced competition in July due to record-low mortgage rates and inventory. The post Low mortgage rates and low inventory resulted in more bidding wars in July, Redfin says appeared first on HousingWire.

  • Fannie Mae survey confirms: It’s a seller’s market Aug. 07th 2020
    After two consecutive months of advances, Fannie Mae’s Home Purchase Sentiment Index fell 2.3 points in July to 74.2, but remained above April's record low. The post Fannie Mae survey confirms: It’s a seller’s market appeared first on HousingWire.

  • In a virtual learning world, do you still need to buy a house in a good school district? Aug. 05th 2020
    In a shift that feels similar to the way many people are reconsidering how close they need to be to a physical workplace, many parents are questioning how close kids need to live to their school if classes are going to be online for the foreseeable future. The post In a virtual learning world, do you still need to buy a house in a good school district? appeared first on HousingWire.

  • Driven by low inventory, median U.S. home price reaches record high in July Aug. 04th 2020
    The national average median home price has reached a new record high of $349,000 due to low inventory and pent-up demand. The post Driven by low inventory, median U.S. home price reaches record high in July appeared first on HousingWire.

  • Q&A: Why it’s important to make real estate websites accessible to all Jul. 29th 2020
    This week marks the 30th anniversary of the Americans with Disabilities Act. Eric Stegemann, CEO of Tribus, answers a few questions on why it's importance to make real estate accessible to all. The post Q&A: Why it’s important to make real estate websites accessible to all appeared first on HousingWire.

  • Pending home sales surge for a second straight month Jul. 29th 2020
    U.S. pending home sales increased 17% in June, the second consecutive month of double-digit gains, as low mortgage rates spurred demand for homes. The post Pending home sales surge for a second straight month appeared first on HousingWire.

  • With the fall semester up in the air, what’s happening to the housing market in college towns? Jul. 28th 2020
    Now that back to school season is kicking back up, schools and universities are down to the wire on plans and whether or not to welcome back students. HW+ Premium Content The post With the fall semester up in the air, what’s happening to the housing market in college towns? appeared first on HousingWire.

  • U.S. homeownership rate soars to an almost 12-year high Jul. 28th 2020
    The U.S. homeownership rate soared to an almost 12-year high in the second quarter as low mortgage rates allowed more Americans to qualify for mortgages. The post U.S. homeownership rate soars to an almost 12-year high appeared first on HousingWire.