Entries by WeKnowNona

Massive solar project for Central Florida

Good morning, #Orlando! OUC and 11 municipal utilities from across the state are teaming up to build three massive solar farms. The groundbreaking agreement allows for 900,000 solar panels that will provide energy for as many as 45,000 #homes. The three solar sites on 1,200 acres in rural Orange and Osceola counties will provide 223.5 […]

Tracking Spring Housing Trends

  Things always warm up in the spring, but experts are detecting record-breaking heat this year—at least in the #housing market. Inventories are low, #homes are flying off the market, and prices continue to rise, according to Realtor.com’s Monthly Housing Trends Report for April. The report deemed this “the hottest spring housing market on record,” and a cool-down […]

10 Markets Where Home Prices are Stable

    While most of the country’s housing market fight rising prices due to low inventory, several U.S. cities remain outside the trend, with home prices remaining flat, or in some cases even falling. According to Trulia, cities such as Austin, Texas; Sacramento, California; and Denver, Colorado have seen home prices stay flat or even fall […]

Now Is the Best Time to Sell … or Is it?

    Rising home prices and a squeeze on inventory has more millennial homebuyers and potential sellers looking at upgrading their home admitting to being obsessed with timing the market to increase their gains, according to a recent study by ValueInsured. The study found that among all homeowners surveyed who were interested in selling their home […]

Federal Open Market Committee Examines Economic Outlook

The Federal Reserve announced that interest rates remained unchanged after the end of the two-day policy meeting of the Federal Open Market Committee (FOMC). The Fed had last increased rates in March. The committee voted unanimously to keep the rates unchanged and said that it would monitor labor market conditions and the movement of inflation before announcing […]

Worries Climb Over Rising Home Prices

U.S. home sales have slowed to a crawl this quarter, mostly due to an entrenched combination of low inventory and consistently rising prices. The latter was true again in March, according to the latest Home Price Index report from CoreLogic. The HPI for March found that over the last year, home prices nationally rose 7 percent. […]

Limited Options Holding Homebuyers Back

  Inventory is still holding sales back, according to the latest pending home sales data from the National Association of Realtors (NAR). The Pending Home Sales Index by NAR indicates that despite a 0.4 percent increase in pending home sales in March, numbers still aren’t as high as they were last year. With the increased activity in […]

The 5 Toughest Housing Markets for Millennials

More than any other age group, millennials are feeling the one-two punch of tight inventory and consistently climbing housing prices. Realtor.com, in fact, calls the current state of the market  “the toughest home buying season in history” in a new look on which metros are the hardest for millennials to buy into. “Millennials want to buy, […]

Home Price Index February 2018

February 2018 National Home Prices Home prices nationwide, including distressed sales, increased year over year by 6.7 percent in February 2018 compared with February 2017 and increased month over month by 1 percent in February 2018 compared with January 2018 (revisions to public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly […]

Home Prices rise again

    U.S. home prices in February were up 0.6 percent from the previous month nationwide, according to the Federal Housing Finance Agency’s latest House Price Index. Prices for sales guaranteed by Fannie Mae and Freddie Mac were up 7.2 percent compared to last February, according to this report. The month-to-month numbers from FHFA were slightly higher than those reported […]