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News Headlines - RE/MAX National Housing Report

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The Mortgage Reports (blog)

Homes selling faster, in unexpected places across US
The Mortgage Reports (blog)
The competitiveness of the market, combined with rising prices and low inventory, is causing sales to spike in unexpected place. According to RE/MAX CEO Adam Contos, Billings, Montana – a city of just 173,000 – saw a 59 percent jump in sales over the ...

and more »

PR Newswire (press release)

Inventory Limits February Home Sales While Pushing Up Prices
PR Newswire (press release)
DENVER, March 19, 2018 /PRNewswire/ -- One word sums up February home sales across the country – inventory. The lack of homes for sale continues to be the key factor as February marks the third consecutive month of year-over-year declines in home sales ...

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Inventory limits February home sales in Greater Pittsburgh, pushes up prices
The national report studies multiple listing service, or MLS, data from 54 metropolitan areas. Greater Pittsburgh includes Allegheny, Westmoreland, Washington and Beaver counties. The report attributed the drop in sales to a lack of inventory in the ...
Brand Report: Inventory Limits February Home Sales While Pushing up PricesRisMedia.com (press release)

all 2 news articles »

Mortgage Professional America

One thing continues to dominate the housing market
Mortgage Professional America
RE/MAX's National Housing Report which shows a drop in home sales of 0.2% in February compared to a year earlier. Homes were on the market for an average of 62 days, the lowest for February in the report's 9-year history, down 6 days from a year ...

and more »

The MReport

The Unexpected Markets Leading Housing Demand
The MReport
RE/MAX released their National Housing Report for March on Tuesday, covering the housing market trends for February 2018. This data is based on MLS info in 52 metro areas and shows while a lack of inventory is limiting February home sales, median month ...

and more »

Idaho State Journal

'HISTORIC LOWS' — It's getting harder to find homes for sale in East Idaho
Idaho State Journal
So the fact that more people are moving into the state may also be contributing to the housing shortage. Last month, Boise saw a 12 percent increase in home sales over January 2017, according to a news release regarding the February 2018 RE/MAX ...

and more »

6 things you must do before buying a home
If you're using an FHA loan, your monthly payment can't exceed 31 percent of your monthly income. The FHA will let you go higher under some circumstances. For conventional loans, home expenses should not exceed 28 percent of your gross monthly income ...

Financial Post

Luxury home sales plummet 58% in Toronto as high-end sector hit hardest in slump
Financial Post
Sales of luxury homes in the Toronto area were hit hardest by the slump in real estate during the past two months, with the number of high-end detached houses sold plummeting even as prices nudged up. Sales of homes worth more than $3 million fell 58 ...

and more »


Atlanta home prices up 5.4 percent, raising affordability concerns
But only 40 percent of them feel the local housing market is healthy. The market has set a trap, Bellar said. Owners know they can sell easily – but they are worried about what they'll be able to afford once they do. “Homeowners believe that it is the ...

Toledo Blade

Metro Toledo housing inventory shrinking
Toledo Blade
“It makes for an interesting time,” Doug Kwiatkowski, the new president of the Toledo Regional Association of Realtors and a real estate agent with Re/Max Preferred Associates of Toledo, said. “We really have to hustle. We're scouring every day trying ...

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