«This is likely a combination of sharply
growing home prices in some areas, the uptick in home sales this year and the strong refinance market overworking the already reduced number of practicing appraisers.
Not exact matches
Ohio's largest metro
area, Columbus has seen a steady increase
in median
home prices, although
prices do experience a seasonal rise and fall as demand
grows during the spring and summer.
The Dallas residential real estate market
grew by leaps and bounds
in 2015, with
home prices rising by double digits across the metro
area.
Baltimore -
area home prices rose 6.5 percent
in February from the same month a year ago, reflecting
growing sales volume amid reduced inventory, according to a new housing report.
Ohio's largest metro
area, Columbus has seen a steady increase
in median
home prices, although
prices do experience a seasonal rise and fall as demand
grows during the spring and summer.
By the end of last year, the benchmark
price had
grown almost 24 % for a single - family
home in the Victoria
area.
The forecast projects
home prices nationally
growing at a rate of 3.9 percent, down from 2016's 4.9 percent estimate, and an appreciation slowdown of 1 percent or more
in nearly half of the U.S.» top 100 metropolitan
areas.
A
growing number of metropolitan
areas had higher median
home prices in the fourth quarter, with the national
price showing the strongest year - over-year increase
in seven years, according to the latest quarterly report.
The
growing burden of student loan debt: Young households are repaying an increasing level of student loan debt that makes it extremely difficult to save for a down payment, qualify for a mortgage and afford a mortgage payment, especially
in areas with high rents and
home prices.
In its report, Inman News scanned metro
areas with populations over 150,000 to find where real estate sales volume is rising, job markets are
growing, foreclosure activity is low, sales
prices are appreciating, and
home affordability is at high levels.
The median existing -
home price, according to NAR, is expected to
grow 4 percent
in 2017; of the homeowners surveyed, a wide 91 percent believe
prices will stay the same or rise
in their community over the next six months — a sentiment felt most among renters and residents
in suburban
areas or
in the West.
Despite the Seattle metro
area sporting the U.S.'s fastest -
growing median
home prices for the past year, Chinese buyers note that similar
homes cost between a third more to twice as much (depending on the neighborhood)
in other West Coast gateway cities like San Francisco, Los Angeles or Vancouver, BC.
Seattle is the fastest -
growing large city
in the US with
home prices rising more than any other metro
area in the nation.
Toronto
area home prices in April
grew about 5 percent compared to March and 32 percent year over year, according to the Canadian Real Estate Association (CREA) benchmark index.
Regional Spotlight — Median
home - sale
price continues to
grow by double - digits
in the Bay
Area of California, but with such a shortage of inventory and fewer new listings, there soon may be nothing left to buy.
The market
in Portland, Ore., which saw the highest
home price growth
in the nation
in 2016, continues to rank at the top of metropolitan
areas measured
in the report,
growing 2 percent quarter - over-quarter.
The real key to profitability here is choosing the right property to invest
in;
areas with
growing job prospects, improving schools, and attractive neighborhoods are good bets, but only if
home prices haven't caught up to the appeal.
Houston is among the fastest -
growing metropolitan
areas in the United States, according to the U.S. Census, and offers an attractive cost of living complemented by steadily increasing
home prices, creating a positive real estate market for both buyers and sellers.