The newest set of Homes.com Local Market Reports, including pricing data for February, has finally arrived and we’re excited to announce that there’s nothing but good things to talk about! Let’s start off by highlighting that 41 percent of all U.S. housing markets have achieved a full price recovery, all of which can proudly show that the housing bubble is a thing of the past. Continue reading
Wondering what home prices looked like at the start of the New Year? The most recent Homes.com Local Market Reports have arrived and you’re going to like what they have to say. It’s official ‒ 40% of all U.S. markets have reclaimed their peak home prices prior to the recession! Now that we have that out of the way, let’s take a closer look at activity during January 2015 in the Top 100 and Top Midsize markets measured in this report. Continue reading
The most recent Homes.com Local Market Reports are in and there have been some big changes since our last report. But before we start breaking down all of the data, there’s some exciting news that you need to know. Thirty-nine percent of all U.S housing markets have officially achieved a complete price recovery! It’s becoming pretty clear that consumers are becoming more confident about buying and selling their homes!
But the good news doesn’t stop there, so lets dive right in to the rest of the findings from the latest batch of reports! Continue reading
Last month’s round of Homes.com Local Market reports indicated that October wasn’t quite the standout for market activity. This may have left you feeling a little weary about the recovery of home prices, but November’s report tells a much more impressive story!
Looking at the nation as a whole, there are now a total of 111 (36%) U.S. housing markets achieving a full recovery. This is great news because a third of both the large and small markets measured in these reports have now reached a complete price recovery from the housing bust. The most recent data has also confirmed that the markets least affected by the Great Recession are currently seeing the most significant rebound activity. Let’s take a closer look at the Top 100 and mid-sized markets: Continue reading
Despite the past few months of increasing home prices, the most recent edition of the Homes.com Local Market Index Reports indicates that market activity was relatively slow during October. There are now 110 (36%) of U.S. markets that have achieved a full recovery, slightly lower than last month’s total of 111 or 37% of all markets measured in these reports.
Although there were increases in inventory, a slowing demand caused many markets across the country to witness a flattening of home prices during the summer and fall months. Since winter is typically the slow season for real estate sales, don’t be surprised if we begin to see some markets starting to fall back under the full recovery line. Continue reading