National News

Fading Foreclosure Discounts Complement Rising Home Prices

An interesting thing has been happening in the housing market. Home prices, as we’ve reported on numerous occasions, have been rising steadily after bottoming in 2012’s first quarter, but a recent FNC report found a corresponding trend – discounts

Census Bureau: Building Permits Up 35.2 Percent in January

January was another strong month of residential construction activity, according to the latest data from the Census Bureau, with building permits increasing 35.2 percent year-over-year. With a seasonally adjusted annual rate of 925,000, building permits also increased 1.8 percent

FHA Labelled Risky Business by Government Accountability Office

Oh no they didn’t! Even after taking sweeping steps to shore up its finances and avoid a Treasury bailout, the Federal Housing Administration (FHA) still suffered an awkward blow last week, with the Government Accountability Office (GAO) labeling the

RealtyTrac Market Report Shows Decrease in Foreclosure Filings

Foreclosure filings were down 28 percent year-over-year in January and 7 percent from December, according to the latest Foreclosure Market Report from research firm RealtyTrac. In addition, U.S. foreclosure starts hit a 79-month low, decreasing 11 percent from last month and decreasing

NAHB: Builder Confidence Holds Firm in February Housing Market Index

Builder confidence held firm in February’s Housing Market Index, falling just one point from January to a rating of 46, according to the National Association of Home Builders (NAHB). Despite the decline, the Housing Market Index has risen strong

CoreLogic: Half of Today’s Mortgages Do Not Meet QM Standards

Roughly half of today’s mortgage originations do not meet the standards of the Consumer Financial Protection Bureau’s qualified mortgage rule, according to analysis by CoreLogic. As CoreLogic explained in its February MarketPulse Report, 52 percent of today’s originations would

National Mortgage Delinquency Rate Down 14 Percent in 2012

The national mortgage delinquency rate, which tracks how many of the nation’s borrowers are seriously delinquent on their mortgages, fell in 2012’s fourth quarter, declining from 5.41 percent in the third quarter to 5.19 percent in the fourth, according

Pressure Mounts for President Obama to Fire Ed DeMarco

Well, it was bound to happen sooner rather than later. House Democrats have renewed their calls for President Obama to fire Ed DeMarco, the acting director of the Federal Housing Finance Agency (FHFA) who has single-handedly stalled the government’s

Real Estate Love – A Zippy Approach

She ruled in beauty o’er this heart of mine, A noble lady in a humble home, And now her time for heavenly bliss has come, ‘Tis I am mortal proved, and she divine. “Soleasi Nel Mio Cor” by Petrarch

Obama’s State of the Union Comes Up Short on Housing Policy

The housing market received some well-earned recognition last night in President Obama’s State of the Union address, with the president praising the market’s rising home prices, strengthening purchase market and the rebounding construction

Q4 Home Prices Post Strongest Increase Since 2005

Median existing single-family home price rose 10.0 percent in the fourth quarter of 2012 year-over-year, the strongest yearly increase for home prices since the fourth quarter of 2005, according to the National Association of

NAR: Typical Realtor Less Experienced in 2012 Than in 2011

The typical Realtor was less experienced in 2012 than in 2011, according to the latest numbers from the National Association of Realtors (NAR), which found that Realtors last year had, on average, 11 years of experience, down from 12

Related Midwest Announces Sales Launch of South Loop Luxury by Related

Related Midwest announced the official launch of sales at the South Loop Luxury by Related, a collection of 500 re-imagined residences across three buildings. Demand for this opportunity has been strong prior to the official sales launch, with 40

Will Obama Adress Housing in His State of the Union?

Tonight, President Obama will deliver the first State of the Union address of his second term, and along with the expected comments on gun control, climate change and immigration, recent reporting by the Washington Post suggests that housing policy could

List Your Property on a Friday, Or Suffer the Consequences

A wide number of factors contribute a listing selling for its ultimate price, but recent research suggests that the home’s timeliness could add thousands to the final sale

Redfin Digs Deeper With ‘Offer Insights’

Redfin took its latest stab at the hyperlocal landscape late last week with the unveiling of “Offer Insights,” a new feature on its website that highlights the observations and experiences of Redfin agents on specific real estate

New Subscribe

  • This field is for validation purposes and should be left unchanged.