The Great Reshuffling Is Changing How Far Americans Are Willing to Commute
In many expensive U.S. markets, home value growth is slowest in areas nearest to job centers, while the opposite is happening in markets where homes near downtown are typically more affordable than elsewhere in the metro.
http://zillow.mediaroom.com/2021-07-21-The-Great-Reshuffling-Is-Changing-How-Far-Americans-Are-Willing-to-Commute
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Existing-Home Sales Expand 1.4% in June
Existing-home sales rose 1.4% on a seasonally adjusted annual rate from May to June, with no region showing a sales decline.
https://www.nar.realtor/newsroom/existing-home-sales-expand-1-4-in-june
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Oprah sells Orcas Island estate for $14 million
Jen Cameron, the Bellevue-based Coldwell Banker Bain agent who represented the buyer, declined to say who purchased the property or whether they plan to live at the estate.
https://www.seattletimes.com/business/real-estate/oprah-sells-orcas-island-estate-for-14-million/
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Mortgage brokers riding the all-cash wave
homes in Seattle, Portland and parts of California being sold for between $1 million and $2 million, with sellers then going to cheaper areas of the country like Boise, Idaho, and buying houses that were twice the size for half the price.
https://www.mpamag.com/us/mortgage-industry/industry-trends/mortgage-brokers-riding-the-all-cash-wave/292665
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Another record-breaking spike in home prices: See how Seattle compares to the rest of the U.S.
The cost of homes in the Seattle area in May was up 23.4% from last year — the fastest-ever jump in one year, according to the S&P CoreLogic Case-Shiller Home Price Index released Tuesday.
https://www.seattletimes.com/business/real-estate/more-record-breaking-growth-in-home-prices-see-how-seattle-compares-to-the-rest-of-the-u-s/
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S&P/Case-Shiller WA-Seattle Home Price Index
Updated: Jul 27, 2021
https://fred.stlouisfed.org/series/SEXRNSA
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Annual Foreign Investment in U.S. Existing-Home Sales Falls 27% to $54.4 Billion, Lowest Level in a Decade
International buyers purchased 107,000 U.S. residential properties totaling $54.4 billion from April 2020–March 2021, down 31% and 27%, respectively, from the previous year and the lowest volumes since 2011.
https://www.nar.realtor/newsroom/annual-foreign-investment-in-u-s-existing-home-sales-falls-to-lowest-level-in-a-decade
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Home prices, rents will continue to rise with short supply of houses on market, analysis finds
But as we move to the second half of the year, the real estate market is pushing ahead full-throttle, or at least it would be if there were enough homes to buy.
https://www.washingtonpost.com/business/2021/07/28/home-prices-rents-will-continue-rise-with-short-supply-houses-market-analysis-finds/
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Pandemic pushed vacation home purchases earlier than planned
sales of vacation homes last year were up 16.3% over 2019, outpacing the total existing-home sales growth of 5.6% in 2020, according to the National Association of Realtors.
https://www.seattletimes.com/explore/at-home/pandemic-fuels-a-boom-for-vacation-homes/
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Buy my house, but I’m taking the toilet
In this seller’s market, some sellers are exercising their power with unusual demands and stripping their homes of fixtures and appliances as they leave
https://www.seattletimes.com/business/real-estate/buy-my-house-but-im-taking-the-toilet/
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Weekly Housing Market Monitor
NAR Research compiles the latest housing market data in this weekly monitor, based on what REALTORS® are seeing in their market, mortgage data, jobless claims, foot traffic, and the latest home sales numbers.
https://www.nar.realtor/research-and-statistics/research-reports/weekly-housing-market-monitor
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Market Hotness Index
Metro Hotness - Zip Code and County Hotness
https://www.realtor.com/research/reports/hottest-markets/
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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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Economic Indicators
U.S. Census Bureau Economic Indicators
https://www.census.gov/economic-indicators/
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Local Market Reports
All real estate is local and every market is unique. To help REALTORS® and other housing market analysts get the most out of the plethora of data that is available, NAR Research produces a series of Local Market Reports (LMRs) which provide insights into the fundamentals and direction of the nation's largest metropolitan housing markets. Each report evaluates a number of factors affecting home prices, including:
https://www.nar.realtor/research-and-statistics/research-reports/local-market-reports
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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
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Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx