real estate market

The US housing market is worth almost $32 trillion

The total value of all homes in the U.S. reached a record $31.8 trillion in 2017, or more than one-and-a-half times the nation's gross domestic product.According to an analysis by Zillow, the nation's housing market surged in value by 6.5…

For first-time homebuyers, 2018 won't be any easier

Prospective buyers who struggled to find a home in 2017 aren't likely to find the quest any easier in 2018.The biggest hurdle will be a familiar one: the nationwide shortage of homes for sale. Supply dropped more than 12 percent…

Why prospective homebuyers need to act fast

Indecisive or procrastinating homebuyers beware: New data show that more than half the homes on the market in May were snapped up in less than a month.That's the shortest turn-around time in more than six years, according to the National…