The Agency - Housing Market

Americans View Real Estate As Best Long Term Investment

Apr. 24, 2014
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As housing prices increase across the US, more Americans are regaining faith in real estate as the top choice for long-term investments, according to a recent Gallup poll. Gallup’s April 3-6 Economy and Personal Finances poll asked Americans to choose the best option for long-term investments: real estate, stocks and mutual funds, gold, savings accounts and CDs,… Read more

Las Vegas Home Prices Soar In 2013, But Will Trend Continue?

Jan. 16, 2014
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The Las Vegas housing market ended 2013 in a big way, with major gains in home prices, according to the Greater Las Vegas Association of Realtors. Single-family existing homes were up 24.2% year-over-year in December, with a median cost of $185,000, while the median among existing multi-family homes was $96,000, up 26.3% from the previous… Read more

All-Cash Home Purchases Surge Nationwide

Sep. 26, 2013
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All-cash purchases represented a whopping 45% of all residential sales in August, according to the latest survey from RealtyTrac. This marks a considerable jump from the previous month, which saw a still-significant 39% of homes purchased in cash. The major metro area with the highest percentage of all-cash sales was Miami (69%), followed closely by… Read more

Five Key Takeaways On America’s Housing Market

Sep. 16, 2013
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The LA Times recently spoke with Fannie Mae’s Chief Economist, Douglas A. Duncan, to get his insight and views on the US housing market. The article titled Five Key Takeaways on America’s Housing Market details five key takeaways from Duncan. Here’s what you need to know: As the article states, “housing isn’t really going gangbusters.”… Read more

U.S. Home Prices Continue Climbing

Aug. 28, 2013
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Home prices continue to increase nationwide, according to the Standard & Poor’s/Case-Shiller index for the nation’s largest 20 cities. Prices rose 12.1% year over year in June, marking the fourth consecutive month of double-digit gains. All 20 cities of the index posted gains on  a monthly and annual basis. However, only six cities saw prices… Read more

Zillow: U.S. Home Values Jump 6% For First Time Since 2006

Aug. 20, 2013
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Year-over-year home values have increased by 6-percent for the first time since 2006, according to the July Zillow Real Estate Market Report. Monthly home values have now increased the past 14 months and have risen in 20 of the past 21 months, beginning in November 2011 after the U.S. market hit rock bottom in October 2011. All 30… Read more

Mauricio Umansky On FOX Business: “American Dream Of Home Ownership Is Still Alive”

  Watch the latest video at video.foxbusiness.comThe Agency’s co-founder and CEO Mauricio Umansky appeared on FOX Business this morning to discuss current trends in the real estate market, including the growing number of affluent buyers who are opting for “vertical living” in luxury high-rise towers such as The Carlyle Residences and The Ritz-Carlton Residences at… Read more

Rising Mortgage Rates Have Little Impact On Home Purchases, Study Reveals

Jul. 29, 2013
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Mortgage rates have risen significantly, climbing more than a percentage since April from 3.4% to 4.51%, according to a July 18 CNN Money report. Despite this, the housing recovery will continue and people are still encouraged to buy homes, reports Fannie Mae. In a new study comparing rates through the 1990s and early 2000s, when… Read more

Chinese Buyers Continue To Boost Housing Market In California


Last December, we reported on Chinese buyers’ impact on the United States housing market, especially here in California, where 1 out of 10 buyers in in 2012 were from China. In 2013, this trend continues. According to a July 10, 2013 Forbes article, Chinese to Spend Billions on American Real Estate, “Chinese commercial real estate purchases… Read more

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