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
Recent predictions for the Boston real estate market resemble the broader national trend we are seeing right now. In short, house values are expected to continue rising, but to a lesser degree than the gains made over the last year or so.
The 2015 conforming loan limit for a single-family home in San Jose, or elsewhere in Santa Clara County, is $626,500. Many home buyers in this area have to use jumbo loans due to the high cost of housing.
According to a recent report by the real estate information service Trulia, Atlanta, Georgia had the largest year-over-year increase in asking prices for homes. This is partly due to job growth in the area, which is putting more people in a position to buy a house.
Philadelphia’s housing market is currently getting a boost from strong demand. This is largely why home prices in the area rose by nearly 10% over the last 12 – 18 months. But experts are predicting a more modest level of appreciation going forward.
Low mortgage rates and improvements in the job market have led to an increase in loan applications for new home purchases. Other contributing factors include easing standards within the lending industry, and strong incentives provided by builders.
Several of Colorado’s real estate markets are experiencing tight supply conditions, and it’s forcing buyers to compete more aggressively for a reduced number of properties. According to a recent analysis, Denver and Boulder both have less than a 3-month supply of homes for sale. This is far below the 6 months that is considered “balanced.”
Which neighborhoods in Dallas, Texas are most popular among local home buyers in 2015? That’s what we wanted to now. So we used the search popularity tool on Trulia to create a top-ten list. It also includes the average listing price in each neighborhood, which is helpful for buyers.
An informal survey of more than 50 mortgage lenders has revealed the top three reasons for FHA loan rejection / denial in 2015. A bad credit score, excessive debt, and insufficient income are the three most common obstacles for mortgage borrowers seeking a government-insured home loan. At the beginning of February, the Home Buying Institute […]
Is it a good time buy a home in the San Francisco Bay Area? Well, from a pricing standpoint, it would seem to be a good investment. But you can’t make this kind of decision based on price alone. Here’s a current look at housing trends across the nine-county region.
MetroDepth, an exclusive network of real estate bloggers, is now recruiting knowledgeable agents from across the United States. The site will provide localized market reporting for information-hungry home buyers and sellers in all major metropolitan areas.