bubble
US real estate prices growing at fastest annual pace since 2006
National prices across the United States increased at their fastest annual pace since 2006, near the peak of the housing bubble, the latest index data shows. Home values are 6.5% higher than in November 2015, according to the Zillow Home Value Index which reached $192,500, just 2% short of the records set in 2007. However, […] The post US real estate prices growing at fastest annual pace since 2006 appeared first on PropertyWire . Continue reading →
Just 11% of home owners in US now in negative equity, latest research shows
Some 11% of home owners in the United States still have loans worth more than their homes despite the recovery in the real estate market reaching its highest point, new research suggests. Prices are expected to rise more slowly in 2017 and while rising home values are freeing home owners from negative equity, allowing them […] The post Just 11% of home owners in US now in negative equity, latest research shows appeared first on PropertyWire . Continue reading →
Property price fall in San Jose could be start of cooling markets in the US
The first interest rate rise in the United States for a year could hit the housing market in California where there are already signs of the real estate sector cooling, new research suggests. The property market in California have been regarded as overheating for a while with house prices falling in some locations such as […] The post Property price fall in San Jose could be start of cooling markets in the US appeared first on PropertyWire . Continue reading →