As the second quarter of 2016 comes to a close, it’s important to catch up on the latest real estate news and industry updates!
Let’s get started. It’s time for the real estate resource roundup:
The U.S. Housing Market in 9 Charts
From housing starts to home prices, check out the latest data about the U.S. housing market.
U.S. Existing Home Sales Hit 9-Year High
A recent report reveals existing home sales increased 1.8 percent to an annual rate of 5.53 million units last month, the highest level since February 2007.
Hottest June Market in 10 Years
Home prices are hitting record highs, and homes are moving off the market more quickly than last year! Find out where the nation’s hottest markets are this month.
74 Percent of Households in the US Now Have Significant Equity
A new report reveals 92 percent of all mortgaged properties are in a positive equity situation, while 74 percent have significant equity. Details here.
Are Three Percent Down Mortgages The New Normal?
Three percent down mortgages are growing in popularity, especially among Millennial buyers. Find out why.
5 Home Design Trends Emerging In This Year’s Marketplace
Find out what a panel of architecture firms revealed about the current state of home design.
Instagram Claims Half A Billion Active Users
The Instagram app has officially reached the half-a-billion user mark, proving how it’s become one of the hottest social media networks.