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Editorial Results (free)

1. Nashville homes go for beans compared to Boston -

While many local real estate investors have sat on their hands during the recent boom – watching in disbelief as the market careens out of their comfort zone – out of state money continues to roll in. And that includes international investors.

2. In dog-eat-dog world, homes must have new-puppy smell -

One of the oldest myths in pet lore is that one year of a dog’s life is the equivalent of seven years of a human’s life. Hence a 5-year-old dog would be comparable in age to a 35-year-old human, and a 10-year-old dog would have the age comparable to a 70-year-old man or woman.

3. Number of US homes on the market rose in 1Q as sales slowed -

Homebuyers in Salt Lake City, Atlanta and other big U.S. metropolitan areas are seeing a pickup in the number of homes for sale, especially in the most affordable segment of the market.

In Atlanta, for example, the number of homes for sale jumped 18.9% to 33,836 in the first quarter. That's the first annual increase in two years.

4. Low tax burden not only reason for Nashville influx -

The spring market is here, and houses are flowing onto the market as vigorously as last month’s rains flooded basements and crawl spaces. The real estate bubble is yet to burst, and sellers know it. Prices remain on the rise.

5. US home sales plummeted 6.4 percent in December -

WASHINGTON (AP) — U.S. home sales cratered in December, causing price growth to slip to the lowest level in more than six years as the housing sector ended 2018 on a decidedly weak note.

The National Association of Realtors said Tuesday that sales of existing homes plunged 6.4 percent to a seasonally adjusted annual rate of 4.99 million last month, the worst pace in almost three years. For all of 2018, sales of existing homes fell 3.1 percent from a year ago to 5.34 million units, the weakest total since 2015.

6. US home price growth slowed in October -

WASHINGTON (AP) — U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall.

The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an annual gain of 5.2 percent in September, according to a Wednesday report.

7. US home price gains weaken for 5th consecutive month -

WASHINGTON (AP) — U.S. home price gains slowed for the fifth consecutive month in August as higher mortgage rates have lowered home sales.

The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, increased 5.5 percent in August compared with a year earlier, down from a 5.9 percent gain in the previous month.

8. US home sales were flat in August -

WASHINGTON (AP) — U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market.

9. US home sales were flat in August -

WASHINGTON (AP) — U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market.

10. ‘Godzillow’ wrecks havoc on online home valuations -

Veteran real estate broker Linda Chancey was meeting with one of her clients last week when she proposed listing the client’s house for $3.5 million.

The seller, somewhat shocked, expressed her irritation that the home had been assigned a “zestimate” of slightly more than $1 million. The zestimate is Zillow’s estimate of home value.

11. Goldilocks had the right idea about finding a Realtor -

Chris Elizer is a Realtor with Keller Williams in Lewisburg and has been in the real estate business since the Great Recession. Yes, he entered the industry as it lay dying.

He says that the day he ventured into the hallowed ground of the Tennessee Real Estate Commission to get his license there were 12 people in line ahead of him, all retiring their licenses.

12. Like dogs, houses can turn on unfriendly interlopers -

Houses are like dogs, and even more like horses. Really the entire animal kingdom. They can sense when people are afraid of them or do not like them and react accordingly.

With the Nashville market as it is – wild with activity – and homes selling within hours as opposed to days, buyers are forced to make important decisions that will affect years of their lives in painstakingly short order with little or no scrutiny. The houses know this.

13. Road to homeownership gets rockier this spring as rates rise -

LOS ANGELES (AP) — Higher mortgage rates are making the already challenging task of buying an affordable home even tougher for many Americans this spring.

In metro areas such as Denver, buyers are rushing to close a deal before mortgage rates get too high. In Dallas, some are embracing longer commutes to find homes they can afford. And in places such as Los Angeles, where the number of homes for sale is down sharply from a year ago, sellers routinely receive multiple offers.

14. US existing-home sales climbed 3 percent in February -

WASHINGTON (AP) — U.S. sales of existing homes rebounded in February after declining for the previous two months, a sign that many Americans are still looking to buy despite rising prices and a shrinking number of homes available on the market.

15. Unmarried couples beware when purchasing a home -

“Love and marriage, love and marriage” and so the song goes, but it makes no mention of home ownership, nor is there any mention of divorce. The number of marriages peaked in the United States in the period following the end of World War II. I suppose there was quite a bit of catching up as the number rose 33 percent over the next year.

16. US housing starts rose 3.3 percent in November -

WASHINGTON (AP) — Construction of new homes increased 3.3 percent in November — with the gain largely coming from single-family houses being built at the strongest pace in more than a decade.

17. Decade since recession: Thriving cities leave others behind -

WASHINGTON (AP) — As the nation's economy was still reeling from the body blow of the Great Recession, Seattle's was about to take off.

In 2010, Amazon opened a headquarters in the little-known South Lake Union district — and then expanded eight-fold over the next seven years to fill 36 buildings. Everywhere you look, there are signs of a thriving city: Building cranes looming over streets, hotels crammed with business travelers, tony restaurants filled with diners.

18. Metro cops grapple with growth -

In Nashville, easily one of the fastest-growing and most-talked-about cities in the country, how do we know if our police officers are getting the job done in our neighborhoods and on our increasingly congested streets and highways? Are they keeping up with the growth?

19. New-home sales improved modestly in June -

WASHINGTON (AP) — U.S. sales of new homes perked up slightly in June, a sign that more would-be buyers are seeking newly built properties.

The Commerce Department said Wednesday that new-home sales edged up 0.8 percent to a seasonally adjusted annual rate of 610,000. Sales have registered a healthy 10.9 percent increase so far this year.

20. Home sales fell in April amid supply squeeze -

WASHINGTON (AP) — Americans pulled back their pace of home-buying in April, as the shrinking number of houses for sale and rising prices are putting them in a bind as their options dwindle.

The National Association of Realtors said Wednesday that sales of existing homes declined 2.3 percent last month to a seasonally adjusted annual rate of 5.57 million. Still, a stable job market has supported solid demand from buyers as home purchases are 1.6 percent higher than a year ago.

21. Realtors survive tech advances that have hurt other professions -

Technology has a way of devastating industries, and as early as 1997 a national journal predicted a dire future for the real estate profession.

Incredible advances in technology would put Realtors – along with travel agents – on the endangered species list.

22. US home building falls as developers start fewer apartments -

WASHINGTON (AP) — U.S. builders broke ground on fewer homes last month, led by a drop in apartment construction.

The number of new housing starts declined 2.6 percent in January to a seasonally adjusted annual rate of 1.25 million, the Commerce Department said Thursday . The drop came after a much larger gain the previous month. Single family housing starts rose 1.9 percent, while apartment building dropped 7.9 percent.

23. Mortgage rates keep rising after Trump's election win -

WASHINGTON (AP) — Long-term U.S. mortgage rates continued to surge this week in the aftermath of Donald Trump's election win.

Mortgage giant Freddie Mac said Wednesday that the average rate on a 30-year fixed rate loan shot up to 4.03 percent, the highest since July 2015 and up from 3.94 percent a week earlier. The rate on 15-year home loans climbed to 3.25 percent, up from 3.14 percent last week and highest since January.

24. US home construction jumps by largest amount in 34 years -

WASHINGTON (AP) — Builders broke ground on the most new homes in nine years last month, a response to strong demand that should lift the economy.

Home construction soared 25.5 percent to a seasonally adjusted 1.3 million in October, the Commerce Department said Thursday. That is the biggest gain since July 1982. New construction is also at the highest level since August 2007, months before the Great Recession began.

25. After the gold rush: Midstate market slows -

The long-awaited slowdown has finally appeared in the Greater Nashville residential real estate market.

A recent visit to a Realtor Facebook page included a question from one of the members to the group: “How do you feel the market is right now?”

26. US home sales fell in August as inventories plummet -

WASHINGTON (AP) — Americans retreated from home-buying in August, as a worsening inventory shortage appears to be hurting sales and pushing prices higher.

Housing has been a bright spot amid weak economic growth for much of this year. Sales totals continue to recover from the Great Recession. Buyers increasingly have pristine credit. But the primary weakness in housing has been a lack of properties for sale, a reflection of the lingering damage caused by the housing bubble that began to burst nearly a decade ago.

27. US home sales fell in July amid inventory shortage -

WASHINGTON (AP) — US homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices.

Sales of existing homes fell 3.2 percent last month to a seasonally adjusted annual rate of 5.39 million, the National Association of Realtors said Wednesday. The decline marks a reversal from rising demand that pushed sales in June to their highest level since February 2007.

28. US homeownership rate of 62.9 percent matches a 51-year low -

WASHINGTON (AP) — The proportion of U.S. households that own homes has matched its lowest level in 51 years — evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy.

29. US homeownership rate of 62.9 percent matches a 51-year low -

WASHINGTON (AP) — The proportion of U.S. households that own homes has matched its lowest level in 51 years — evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy.

30. US home prices rise at steady pace as sales heat up -

WASHINGTON (AP) — U.S. home prices extended their steady upward march in May, spurred by rising sales and a dwindling supply of available houses.

The Standard & Poor's CoreLogic Case-Shiller 20-city home price index increased 5.2 percent in May compared with a year ago. That is down from a 5.4 percent annual gain in April but still above last summer's growth rate.

31. US homes sell at strongest pace since 2007 -

WASHINGTON (AP) — Americans snapped up houses in May almost as soon as properties were listed, fueling the strongest sales rate in nearly a decade.

Sales of existing homes rose 1.8 percent last month to a seasonally adjusted annual rate of 5.53 million, the highest level since February 2007, the National Association of Realtors said Wednesday.

32. US home construction dips slightly in May -

WASHINGTON (AP) — Construction of new homes nudged down slightly in May, with builders pulling back in the Northeast and Midwest.

Housing starts ticked down 0.3 percent to a seasonally adjusted annual rate of 1.16 million units, the Commerce Department said Friday. The government's residential construction report can be volatile on a monthly basis, which might explain the slight decrease.

33. Zillow to pay $130M to settle lawsuit by rival Move Inc. -

SEATTLE (AP) — Seattle-based real-estate information website Zillow is paying $130 million to settle a lawsuit brought by rival Move Inc.

The Seattle Times reports that the settlement was disclosed in securities filings Monday, ending more than two years of litigation and the threat of a much larger financial blow to Zillow.

34. Late sell-off leaves US stocks barely higher; oil rises -

NEW YORK (AP) — Stock indexes inched upward Tuesday, led by gains in energy companies as the price of oil closed above $50 a barrel for the first time in almost a year.

The market had been on track for its highest close since last July, but an afternoon stumble erased most of the early rally, leaving broad indicators with meager gains for the day.

35. US home sales growth driven mostly by Midwest -

WASHINGTON (AP) — Midwestern homebuyers helped spark a national increase in real estate sales during April, a sign that demand for housing remains steady despite rising prices and tight inventories.

36. Is Nashville flipped out? -

It’s easy to watch a renovation show on HGTV or the DIY Network, see how much money can be made and think, “Hey, I can do that.”

And with a housing market as hot as Nashville’s, what could possibly go wrong?

37. US home sales slump in February; supply shortage hits market -

WASHINGTON (AP) — Americans retreated from home-buying in February, reversing months of prior gains as low inventories push up prices to levels that restrict sales.

The National Association of Realtors said Monday that sales of existing homes fell 7.1 percent last month to a seasonally adjusted annual rate of 5.08 million. The decline follows robust yearly sales rates of 5.47 million in January and 5.45 million in December, a new regulation had delayed closings in November.

38. US new-home sales soar in December -

WASHINGTON (AP) — Americans rushed to buy new homes in December at the strongest pace in 10 months, with 2015 marking the strongest year for this segment of the housing market since 2008.

The Commerce Department said Wednesday that new-home sales surged 10.8 percent last month to a seasonally adjusted annual rate of 544,000. It was the third consecutive monthly gain since sales collapsed in September. The increase nearly pulled the sales rate even with the level of 545,000 in February 2015 and points to continued momentum for real estate and construction in the opening months of this year.

39. That house has sold. No, seriously, it’s gone -

The spring selling season will descend upon the Nashville area in the next few weeks, and buyers are elated.

Try as they may, it seems impossible for Realtors to convince their buyers that they are actually at work scouring new listings on MLS, joining Facebook “coming soon” groups, networking, hanging out at divorce courts and funeral homes – even sending mailers to everyone living in the Munford area of town.

40. Single-family houses fuel gains in US homebuilding in July -

WASHINGTON (AP) — U.S. builders started work on single-family houses last month at the fastest pace since the Great Recession began in late 2007.

Housing starts in August rose 0.2 percent to a seasonally adjusted annual rate of 1.21 million homes, the Commerce Department said Tuesday. Construction of single-family houses accounted for all of the gains, shooting up 12.8 percent last month to the highest rate since December 2007.

41. Outbid on your dream house? Just wait for deal to fall through -

The real estate market remains frenzied with every passing week, with multiple-offer scenarios on numerous listings. As has been noted in this column, these spontaneous sales have often led to buyer’s remorse and, as a result, more terminated contracts than ever before.

42. Why your rent will rise again this year -

LOS ANGELES (AP) — Living in an apartment? Expect your rent to go up again.

Renting has gotten increasingly expensive over the last five years. The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That's four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period.

43. One (day)-and-done home sales drive buyers nuts -

With the dismal winter behind us, and trees beginning to glow with greenery, many are hoping the spring will sprout some listings.

In the past few months, the lack of inventory and the market’s avaricious appetite have driven frustrated buyers to the point of anger. March Madness has a new meaning with buyers at wit’s end.

44. Home construction slips in January -

WASHINGTON (AP) — U.S. homebuilders slowed the pace of construction in January, breaking ground on fewer single-family houses ahead of the spring buying season.

Housing starts slipped 2 percent to a seasonally adjusted annual rate of 1.07 million last month, down from 1.09 million in December, the Commerce Department said Wednesday.

45. US home sales rise in December -

WASHINGTON (AP) — More Americans purchased homes in December, yet total sales slipped in 2014 as first-time buyers struggled to find houses.

The National Association of Realtors said Friday that sales of existing homes rose 2.4 percent last month to a seasonally adjusted annual rate of 5.04 million. But over the course of the entire year, sales fell 3.1 percent to 4.93 million.

46. How lower oil prices could fuel more hiring in US -

WASHINGTON (AP) — In June, when oil cost $107 a barrel, U.S. employers added a healthy number of jobs — 267,000. Now, with oil below $50, hopes are rising that hiring in the United States is poised to intensify.

47. Why areas with good jobs have hard-to-afford homes -

WASHINGTON (AP) – It's the new career trade-off: Around the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers.

48. US homebuilder sentiment rallies in November -

WASHINGTON (AP) — U.S. homebuilders' confidence rebounded in November as both sales expectations and buyer traffic improved.

The National Association of Home Builders/Wells Fargo index rose to 58 this month, up from 54 in October. That puts the index just short of September's reading of 59, which was the highest level since November 2005, shortly before the housing bubble burst.

49. US pending home sales rise modestly in September -

WASHINGTON (AP) — The number of Americans signing contracts to buy homes ticked up only slightly in September, as it remained difficult to qualify for mortgage financing.

The National Association of Realtors said Monday that its seasonally adjusted pending home sales index rose 0.3 percent over the past month to 105. The index remains half a percentage point below its 2013 average, although 1 percent higher than a year ago.

50. US new-home sales close to flat in September -

WASHINGTON (AP) — U.S. sales of new homes were nearly flat in September, after the government sharply revised downward what was initially an August surge in buying.

New-home sales edged up 0.2 percent last month to a seasonally adjusted annual rate of 467,000, the Commerce Department reported Friday. The report also revised down the August sales rate to 466,000 from 504,000.

51. School spending by affluent is widening wealth gap -

WASHINGTON (AP) — Education is supposed to help bridge the gap between the wealthiest people and everyone else. Ask the experts, and they'll count the ways:

Preschool can lift children from poverty. Top high schools prepare students for college. A college degree boosts pay over a lifetime. And the U.S. economy would grow faster if more people stayed in school longer.

52. Volatile apartment sector reduces US home building -

WASHINGTON (AP) — U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly.

53. Zillow buying Trulia in $3.5 billion stock deal -

NEW YORK (AP) — Real estate website operator Zillow is buying competitor Trulia in a $3.5 billion all-stock deal.

Trulia's stock rose more than 14 percent in Monday premarket trading, while Zillow's stock fell more than 3 percent.

54. Study: US millennials buying homes later -

WASHINGTON (AP) — Don't blame the millennial generation for lackluster home sales.

They are increasingly ethnically diverse, more educated and less likely to be married — all factors that make them less likely to own a home, said a new report released Wednesday by Trulia, the online real estate firm. After adjusting for these population changes, younger Americans are actually buying homes at the same rate as they did during the late-1990s.

55. A fading middle-class perk: lower mortgage rates -

WASHINGTON (AP) — For three decades, the U.S. middle class enjoyed a rare financial advantage over the wealthy: lower mortgage rates.

Now, even that perk is fading away.

Most ordinary homebuyers are paying the same or higher rates than the fortunate few who can afford much more.

56. US home market: Few buyers and not enough sellers -

WASHINGTON (AP) — Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale.

57. Improving US home market is still facing obstacles -

WASHINGTON (AP) — Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale.

58. Re/Max surges in 1st day of trading on the NYSE -

NEW YORK (AP) — Shares of Re/Max jumped in the real estate brokerage's first day on the New York Stock Exchange.

The shares added $4.82, or 21.9 percent, to $26.82 in midday trading after rising as high as $26.95 earlier.

59. US 30-year mortgage rate at 2-year high: 4.46 pct. -

WASHINGTON (AP) — U.S. mortgage rates have suddenly jumped from near-record lows and are adding thousands of dollars to the cost of buying a home.

The average rate on the 30-year fixed loan soared this week to 4.46 percent, according to a report Thursday from mortgage buyer Freddie Mac. That's the highest average in two years and a full point more than a month ago.

60. 4th & Monroe rebirth boosts Germantown -

Nashten, LLC is invading Nashville. This venture, allegedly consisting of a two-headed partnership, has purchased the condominium development at 4th and Monroe in Germantown, which is conveniently located at 4th and Monroe.

61. US homes sales highest in more than 3 years -

WASHINGTON (AP) — U.S. sales of previously occupied homes rose in February to their fastest pace in more than three years, and more people put their homes on the market. The increases suggest a growing number of Americans believe the housing recovery will strengthen.

62. Competition trumps ‘comps’ in hot market -

In the not-so-distant past, a buyer found a house she liked and let her desires be known to her Realtor. That Realtor would then, in most cases, research comps for her client in order to determine what the property should command.

63. US home prices rise in August at faster pace -

WASHINGTON (AP) — Home prices rose in August in nearly all U.S. cities, and many of the markets hit hardest during the crisis are starting to show sustained gains. The increases are the latest evidence of a steady housing recovery.

64. What’s worth more, the house or the land? -

Happy days are here again for developers, renovators and, as a result, sellers in various areas around town, including 12South, Hillsboro Village, Hillsboro West End, Green Hills, Belle Meade Highlands, Forest Hills, Oak Hill, Sylvan Park, East Nashville and a few other pockets. Owners there can now sell their houses for more than they are worth.

65. Finding the right home in the palm of your hand -

It wasn’t that long ago that your first move in looking for a new house involved picking up the Sunday newspaper and circling some promising prospects. Of course, by the time you connected with the appropriate agent, many of those listings could be gone.

66. US stocks follow global markets lower -

NEW YORK (AP) — A batch of worrying economic figures tugged stock markets down Thursday. Measures of manufacturing and business activity in both China and Europe slumped.

In the U.S., the railroad Norfolk Southern warned that it's shipping fewer goods, and the government gave investors another reminder that the job market remains weak.

67. Trulia files for $75M initial public offering -

NEW YORK (AP) — Trulia Inc., which operates the real estate website Trulia.com, on Friday filed for an initial public offering that could raise up to $75 million.

68. Conflicting statistics confusing for buyers -

There has been great hubbub in the real estate industry concerning the syndication of the listings found in local multiple listing services. In this area, Realtracs provides the multiple listing service (MLS).

69. Gullibility is keeping Internet scammers busy -

Craigslist provides an outlet for almost everything, from real estate to lingerie and all the materials necessary to fill both or either. The Craigslist visitor may buy or lease, hire or fleece and, according to a CNN documentary, the founder and president worried more about the transaction fee then the legality of the transaction.

70. Apps, social media enhancing real estate business -

From seasoned veterans to young agents, smart phone technology enables real estate professionals to work from virtually anywhere.

But with new applications incessantly hitting the market, it can be a challenge to keep up with the latest trends.