National News
Economic sentiment has been pretty low for some time here in America, but does new survey data show that’s changing for the better? After a long purgatory, it seems that Americans are finally re-gaining their confidence in the economy,
What should be on your horizon, as the 2015 housing market begins to take shape? The 2015 housing market is nearly upon us, and to help you prepare in your business, we’ve described below three of the big trends
The latest new home sales report is out, but what details of that report should you keep in mind for your business? The latest Census Bureau report on new construction dropped this morning, and it concerns the home sale
Hey! Congress did something good! Here’s a great piece of news for the holiday season – in a refreshing act of bipartisanship, the Senate approved a measure 76-16 this week to extend the Mortgage Debt Forgiveness Act (MFA) through 2015;
As the temperature falls, so have existing-home sales, but numbers still indicate a slow return to normalcy. The market peaked for 2014 in October, according to the National Association of Realtors recently released existing-home sales report. In November, existing-home
The Fed’s language on interest rates changed at its last meeting, throwing into question its future policies. It’s the big question on everyone’s mind – when will the Federal Reserve decide to raise interest rates? Indeed, there are few
The negative equity situation in Chicagoland has improved markedly, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Chicagoland area, the share of mortgage properties in
Spending package offers prolonged mortgage debt relief but faces uphill battle. As is their recent tradition, Congress is continuing to squabble following the sweeping Republican victories in the midterm elections, and it may lead to thousands of Americans
Builder confidence remains high while home construction continues to trod along – what gives? Builder confidence this month fell just one point, according to the latest Housing Market Index from the National Association of Home Builders. Finishing up 2014
We all want to think that an explosion is pending in Millennial homeownership, but the numbers to justify that are hardly cooperating. The last few months, we’ve reported consistently that the big problem facing housing (as well as the
The National Association of Realtors has selected Nancy Nagy, Berkshire Hathaway HomeServices KoenigRubloff Realty Group’s Chief Executive Officer, to serve on the 2015 Board of Directors. “It is such an honor to have been selected as one of the
The headlines have been merciless regarding the latest new construction report, but was it truly that bad? We’ve seen the headlines too, and on the surface, they’re not pretty – per the latest numbers from the Census Bureau, housing
Realtor.com’s Chief Economist Jonathan Smoke is launching his first annual forecast, and in an industry crowded with analysis and economists throwing around numbers, he’s determined to stand out. The differences between what Smoke is doing and his slew of
The housing market is about to turn a corner into the new year, and according to Freddie Mac, the U.S. economy is well poised to sustain about a 3 percent growth rate for 2015. This would only be the
Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;
What should you know about home sellers, heading into the 2015 housing market? Our last few stories on NAR’s 2014 Profile of Home Buyers and Sellers has focused on the buyer-side of the equation, but now we’re finally taking