National News
Homeownership is often pegged as the ultimately realization of the “American Dream,” but a new study from the MacArthur Foundation finds consumers may not agree with that sentiment. The housing crisis changed many things in the housing market –
March was another solid month for newly built residential home sales, as the new construction market bounced back from a disappointing February. After a disappointing February, the sales of new single-family homes returned to form in March, with sales
Apartment markets improved nationwide, according to a recent NMHC survey. All four indexes of the survey were above 50, indicating improving conditions. Apartment markets have improved across the nation, according to the National Multi Housing Council’s (NMHC) April Quarterly
NAR’s latest survey found that existing-home sales decreased in March due to limited inventory, which continued to pressure home prices. Existing-home sales decreased in March due to limited inventory, which continued to pressure home prices, according to the latest
Chicago’s luxury housing market underwent a steep decline during the economic downturn, but new analysis from Coldwell Banker Previews International has shed a new, infinitely brighter light on the Windy City’s higher-end marketplace. According to Coldwell Banker Previews International’s
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today, builder confidence in the market for newly built, single-family homes fell two points in April, dipping to 42, meaning more builders remain pessimistic
Housing starts in the U.S. climbed 7 percent from February to March and rose a dramatic 46.7 percent from year-ago levels, the U.S. Census Bureau said last week. Starts last month rose to an annual rate of 1.03 million
When it comes to recommending a lender for a home purchase transaction, a new study shows that closing time, reliability and costs are among the most significant factors for real estate agents. The Campbell Surveys and Inside Mortgage Finance
A picture may be worth a thousand words, but what’s a word worth? Trulia combed through millions of property listings on for-sale homes to find the words and phrases in the most expensive and least expensive listings, as well
According to Laurie Moore-Moore, CEO of The Institute for Luxury Home Marketing, the Great Recession not only reduced the number of wealthy people, but changed attitudes and buyer behaviors. Moore-Moore notes that, “In 2008, as a result of the
The Economic Growth Pace is Above-Trend and Expected to Set a Moderate Pace for the Year Economic growth has accelerated to a pace of 3.2 percent, according to Fannie Mae’s Economic & Strategic Research Group. This pace is above-trend,
The mortgage markets have been on a bumpy ride the last five years; are the latest numbers from the Mortgage Bankers Association, though, a positive sign? Mortgage applications rose 4.8 percent last week to their highest level since May
The agent/lender relationship is a darned important one, and a new survey highlights just how influential agents are in the creation of that relationship. The relationship between agent and lender is one of the more integral in real estate,
The 2014 Obama budget has been garnering plenty of attention from the press, but how could it affect your residential real estate business? Well, it’s that time of the year! Oh yes, the nation’s capitol has begun the early
The construction industry put up some truly stratospheric numbers in March, with multifamily housing pushing starts to their highest level since 2008. Propelled by a surging multifamily housing sector, the construction industry put up its best housing numbers in
Homebuyers have been enjoying some of the highest levels of housing affordability in decades, but will rising interest rates compromise that? The housing downturn has affected quite a few players in the real estate scene, what with its falling