housing markets

National Association of Realtors® Commends FHFA Decision to Abandon Single Family Rental Program

August 22, 2018 (STL.News) The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac will conclude their single-family rental pilot programs. National Association of Realtors® President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty, issued the following statement commending the FHFA for its decision: “With … Continue reading National Association of Realtors® Commends FHFA Decision to Abandon Single Family Rental Program

Amazon Effect: HQ2 Would Spur the Biggest Rent Hikes in Nashville and Denver

 SEATTLE/ April 26, 2018 (STLRealEstate.News) — Among the 20 finalist cities, Amazon’s second headquarters would boost annual rent appreciation the most in Nashville, Denver and Los Angeles, according to a new Zillow® analysisi. After receiving 238 bids, Amazon announced in January that it narrowed its search for a second headquarters (“HQ2”) to 20 cities. Zillow’s … Continue reading Amazon Effect: HQ2 Would Spur the Biggest Rent Hikes in Nashville and Denver

Is Salt Lake City the ‘Next Denver’?

SANTA CLARA, Calif./ Feb. 23, 2018 (STLRealEstate.News) — Salt Lake City and Denver have more in common than the fact they are big cities, near big mountains. According to new realtor.com data, Salt Lake City’s housing market is seeing the same rapid growth patterns that occurred in Denver in early 2015 and 2016 and that … Continue reading Is Salt Lake City the ‘Next Denver’?

Coldwell Banker Residential Real Estate’s Hughes Shelton Realtors Recognized as the Number 1 Large Real Estate Team in Tampa Bay

TAMPA, Fla./ Jan. 31, 2018 (STLRealEstate.News) — The Hughes Shelton Realtor Team wrapped up 2017 with their highest sales volume yet, closing 127 transactions with $116.36 million in residential sales volume. The exceptional sales volume earned the team the number one spot among Coldwell Banker Residential Real Estate teams and individuals in the company’s west … Continue reading Coldwell Banker Residential Real Estate’s Hughes Shelton Realtors Recognized as the Number 1 Large Real Estate Team in Tampa Bay

Pending Home Sales Tick Up 0.5 Percent in December

WASHINGTON/ Jan. 31, 2018 (STLRealEstate.News) — Pending home sales were up slightly in December for the third consecutive month, according to the National Association of Realtors®. In 2018, existing-home sales and price growth are forecast to moderate, primarily because of the new tax law’s expected impact in high-cost housing markets. The Pending Home Sales Index,* www.nar.realtor/pending-home-sales, … Continue reading Pending Home Sales Tick Up 0.5 Percent in December

Realtor.com® Predicts the New England Patriots to Triumph in the Super Bowl

SANTA CLARA, Calif./ Jan. 29, 2018 (STLRealEstate.News) — Realtor.com® today announced its prediction for a sixth NFL championship for the New England Patriots in Super Bowl LII. Its pick of the Patriots over the Philadelphia Eagles isn’t based on defensive schemes or quarterback matchups, but rather a comparison of the strength of each team’s respective housing … Continue reading Realtor.com® Predicts the New England Patriots to Triumph in the Super Bowl

Inventory Shortage at Crisis Levels in Nation’s Hottest Housing Markets

SEATTLE/ Jan. 18, 2018 (STLRealEstate.news) — Home shoppers looking to buy in 2018 will have 10 percent fewer homes to choose from than a year ago, according to the December Zillow® Real Estate Market Reporti. For-sale inventory is stuck at crisis levels in some of the nation’s hottest housing markets where home values are appreciating fastest. In … Continue reading Inventory Shortage at Crisis Levels in Nation’s Hottest Housing Markets

Experts Highlight Mix of Challenges, Bright Spots for Homeownership at Realtors®, S&P Global Joint Event

WASHINGTON/ Dec. 6, 2017 (StlRealEstate.News) — While America’s homeownership rate continues to hover around a 50-year low, experts gathered at the National Association of Realtors® Washington, D.C. location today said there is a clear path to improving the landscape for homeownership. Senator Heidi Heitkamp (D-N.D.) opened the event with a full-throated defense of the role … Continue reading Experts Highlight Mix of Challenges, Bright Spots for Homeownership at Realtors®, S&P Global Joint Event