U.S. Housing Market News With a Local Angle

Housing Market News With a Local Angle

Welcome to the Home Buying Institute. We provide “hyper local” housing market news for cities and metro areas across the United States. We do this by researching local real estate trends and also by soliciting input from local real estate professionals. In fact, the Home Buying Institute is currently building a nationwide team of housing reporters to cover trends and conditions at the local level.

We have been educating home buyers, sellers and mortgage shoppers for more than 10 years. We provide unbiased information that helps buyers and sellers make better-informed decisions. You can learn more about our company and our goals on this page.

Most Recent Stories

Renting vs. Buying a Home in 2017: Ten Cities Were It’s a No-Brainer

Earlier this month, the real estate information company Trulia published the results of a rent-versus-buy analysis for major cities across the country. In most of the country’s major metro areas, buying is still cheaper than renting in terms of monthly costs. In some cities like Philadelphia, Fort Lauderdale and New Orleans, there’s a big advantage […]

Posted in Housing Market News | Leave a comment

These California Markets Are Tough for First-Time Buyers in 2017

California has some of the worst housing markets for first-time home buyers, according to a recent report. Orlando and Tampa, on the other hand, are two of the best markets for those buying their first home. First-time buyers in Florida are enjoying favorable market conditions right now, with relative affordability and low competition. But in […]

Posted in Housing Market News | Leave a comment

5 Housing Markets Where Home Prices Could Outpace the Nation in 2018

Recent housing market forecasts suggest that home prices nationwide will continue rising over the next 12 months, at least in most parts of the country. But the gains will probably be smaller than those recorded over the last 12 months. As for high performers, the five cities below could outpace the nation in terms of […]

Posted in Housing Market News | Leave a comment

Mortgage Rate Forecast for April 2017 – 2018: A Slow Climb Ahead?

Home buyers got some good news last week, regarding mortgage rates. According to the weekly survey conducted by Freddie Mac, the average rate for a 30-year fixed mortgage loan dropped by 11 basis points (0.11%) last week, landing at 3.97%. That marked its lowest point of 2017, and the lowest level since November of last […]

Posted in Mortgage News | Leave a comment

10 Housing Markets Where Inventory Is Way Down in 2017

A recent report from Trulia revealed that the number of homes for sale in the U.S. has dropped significantly over the last five years. During the first three months of 2017, inventory nationwide dropped to its lowest level on record. Housing markets like Salt Lake City, Seattle, San Diego, and Nashville are really feeling the […]

Posted in Housing Market News | Leave a comment

Trump & Housing: President Hammers Middle Class With FHA Insurance Reversal

President Donald Trump, who paints himself as a champion of the middle class, hammers middle-income home buyers with FHA policy reversal. Within hours of being inaugurated, Donald Trump took a swipe at low-income and middle-class Americans — many of whom voted for him — by scrapping a planned mortgage fee reduction for FHA loans. In […]

Posted in FHA News | Leave a comment

Forecast: Phoenix Home Prices to Keep Rising Into 2018

According to a recent forecast from the real estate data company Zillow, the Phoenix housing market could continue appreciating well into the first part of 2018. But homeowners in the areas probably shouldn’t expect the kind of home-price appreciation seen over the last year. House values in the Phoenix appear to be rising more slowly […]

Posted in Housing Market News | Leave a comment

U.S. Home Price Forecast for 2017: A Return to Normalcy?

A recent forecast for U.S. home prices suggests that house values will rise more slowly in 2017, more closely matching historical averages. This follows a period of above-average gains over the last two years. According to the real estate research team at Zillow, U.S. home prices rose by nearly 7% in 2016. That’s well above […]

Posted in Housing Market News | Leave a comment

Keller Williams Mid-Willamette Penalized for Illegal Kickback Scheme

Keller Williams Realty Mid-Willamette, a real estate brokerage located in Corvallis, Oregon, has been penalized and fined by a federal financial watchdog for participating in what has been called an illegal kickback scheme. According to a January 31, 2017 press release from the Consumer Financial Protection Bureau (CFPB), Keller Williams Realty Mid-Willamette (a.k.a., Willamette Legacy, […]

Posted in Housing Market News | Leave a comment

FHA Annual Mortgage Insurance to Go Down in 2017, HUD Says

Federal Housing Administration officials announced today that they will reduce the annual mortgage insurance premium for FHA loans by a quarter of a percent. The lower MIP rate will apply to most borrowers who use the FHA program to buy a home in 2017, and will save them an average of $500 per year. The […]

Posted in FHA News | Leave a comment