National News
Here is an undeniably positive development in the housing recovery. Distressed home sales – such as the one in our photo above – were the most visible result of the housing downturn, a true sign of the unfortunate times.
Foreign home sales have been a big deal in the U.S., but could the strengthening economic climate change that? Foreign real estate has been a big deal in the U.S. during the housing recovery, and the numbers speak for themselves
How was 2014’s homebuilding market better than 2013’s? Allow us to count the ways… The numbers are in, and they’re quite clear in their conclusions – by every possible metric, 2014’s homebuilding market represented a strong improvement over 2013.
Danielle Hale of NAR tackles existing-homes sales to determine what the most popular closing dates of 2014 were. It’s a whimsical if not slightly tired cliché to say “it’s all in the timing,” but in rare form, it’s one
Sure, the economy is doing better than it was a year ago, but the narrative extends far deeper than that. New survey data from Pew Research is very much in line with the government’s latest jobs numbers, as more
Okay, we all know that mortgage rates are low right now…but just how low? With mortgage rates expected to rise in 2015, we decided to take a closer look at the historical averages for rates – and via numbers from Freddie
We’ve come a long ways since the market crash, but new research suggest we’ve still a ways to go. Asking prices may be up in Chicago by 9.6 percent, but the market remains undervalued to market fundamentals, according to
We know that many Millennials are sitting on the homeownership sidelines, but what about the peeps who DO buy homes? We report quite regularly on the myriad reasons that Millennial homeownership remains low, but what the Millennials who have
There have been some positive developments in housing and the economy, as of late, that that has not translated to widespread sentiment among consumers. Call it “The Great Economic Divide.” Though the economy and the housing market have both
Are we finally seeing the triumphant return of first-time homebuyers? We’ve reported in considerable detail that first-time homebuyers currently make up a historically low portion of the nation’s homebuying pool, but could that trend finally be on its way
Housing has made definite progress the last couple years, but there remain pitfalls on the long, winding road to recovery. Mortgage rates remain at record lows; home sales, though down from 2013’s highs, are still miles ahead of the
Home prices nationwide, including distressed sales, increased 5.5 percent in Nov. 2014 compared to Nov. 2013, marking 33 months of straight year-over-year increases in home prices, the newest CoreLogic home price index found. On a monthly basis, home prices,
The news was ALMOST uniformly good for the housing market in the latest government jobs report. The economy ended 2014 in a most delightful fashion, with the government releasing a very positive jobs report for December. How does such
Zillow has been stealing headlines, but Move Inc is quietly making moves to try and stay ahead of the industry. Barely a week into 2015, and already we’re tracking what’s bound to be one of the bigger, more impactful
So, word is spreading that the FHA will lower the cost of its mortgages; here are the things you should know about it. News broke yesterday from a variety of outlets that the FHA is planning on reducing borrowing costs
There are many positive things happening in housing right now, but this may be the most encouraging trend of all. On the surface, NAR’s latest existing-home sales report is not a very positive affair, with sales falling 6.1 percent