1.Home Price Gains Finally More Balanced, Sustainable, and Widespread
“For the first time since July 2012, no local market saw home prices rise more than 20% year-over-year. Yet the number of markets with year-over-year price declines is also at a post-recession low.”
2.America’s homes are bigger than ever
“The average size of homes built last year hit 2,600 square feet, an all-time high that surpassed even the housing bubble years, when homes averaged around 2,400 square feet, according to the Census Bureau. “
3.This indicator points to falling home prices
“While the headlines suggest that home prices continue to rise but at a slower rate, the reality may be different, at least according to one measure”
4.US household net worth creeps to record high
“U.S. household net worth nudged up 2 percent to a new high in the first quarter, hitting a record $81.8 trillion as the stock market continued its upward climb and property values rose.”
5.312,000 homes regained positive equity in Q1
“More than 300,000 homes returned to positive equity in the first quarter of 2014, bringing the total number of mortgaged residential properties with equity to more than 43 million, according to a report Thursday from financial information company CoreLogic Inc. (NYSE: CLGX) of Irvine.”
6.All-cash sales keep dominating housing market
“Cash is king, especially for those buying homes in Florida: A stunning 64 percent of all home sales in early 2014 in Florida were cash-only purchases”
7.Price gains push 3.5 million homes above water
“Rising home prices propelled 3.5 million U.S. properties out of negative equity in one year, but the number of underwater mortgages will shrink at a slower pace in the future as price appreciation cools, according to data released today by CoreLogic and Trulia.”
8.Hook a Higher Price For Your Home
“When you receive an offer from a homebuyer, chances are it will be less than you expected. The housing turmoil of the last eight years has taught buyers to go in low, except in the most heated markets.”