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Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner's net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).
In a Forbes ar...
Summer is here! The temperature isn't the only thing heating up right now, so too is the housing market in many areas of the country! Here are four great reasons to consider buying a home today instead of waiting.
CoreLogic's latest Home Price Index reports that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.3% over the next year. The Home Price Expectation Survey polls a distinguished panel of ov...
![Sales at Highest Pace in 9 Years [INFOGRAPHIC] | MyKCM](http://s3.amazonaws.com/kcmmedia/2016/06/30165732/Sales-Highest-in-9-Years-STM--1046x1354.jpg)
The National Association of Realtors (NAR) just announced that the February Pending Home Sales Index reached it's highest reading since July 2015.
NAR's PHSI is "a forward-looking indicator based on contract signings". The higher the Pending Home Sales Index number, the more contracts have been signed by buyers that will soon translate to sales. February's Index rose 3.5% month-over-month to 109.1.
Lawrence Yun, NAR's Chief Economist
