The recent increases in mortgage rates aside, housing affordability is still far above past average levels.
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The agency is asking listing agents to register accepted short sale offers, to help expedite the process.
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Gen Y’s housing preferences, low interest rates, and the weather are all among some of the key drivers shaping the housing market this year, according to a recent survey.
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Nearly half of U.S. real estate investors say they expect to purchase fewer rental homes in the next year.
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Home buyers are showing more desire to reduce monthly utility costs and are reportedly looking at solar panels to do so.
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It may be two to three more years before prospective home buyers get a break from escalating property prices and tight supply, according to experts.
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