National News

Homes Built in 2005 Sold the Most in 2010

According to data from LeapRE, homes from 2007 and 2008 are spending the longest time on the market. It is possible this is due to inventory overhang – properties still not sold from that period that remain on the

Single Family Delinquencies on Mortgages Drop

Freddie Mac completed 23,017 loan modifications during the first two months of 2011 and single-family delinquencies on mortgages held or backed by the GSE dropped in

Builders Urge Congress to Restore the Flow of Credit to Housing

At a crucial juncture for the nation’s emerging housing recovery, restoring the flow of acquisition, development and construction (AD&C) lending to sustain new housing activity took center stage as 500 builders from across the country converged on Capitol Hill

Real Estate Firms to Participate in Earth Hour 2011

As annual Earth Hour approaches, real estate investment and property management firms across the country have announced their

Spring Real Estate Season a Buyers’ Market

With new and existing home sales falling throughout the country in February, potential homebuyers are seeing attractive prices on all types of

New Residential Sales Reduce in February

The U.S. Census Bureau and the Department of Housing and Urban Development released today their report on new residential sales in

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association‘s Weekly Mortgage Applications Survey for the week ending March 18,

Experts Speculate on Housing Double Dip

Today, MacroMarkets LLC announced the results of the March 2011 Home Price Expectations Survey, compiled from 111 responses of a diverse group of economists, real estate experts, investment and market strategists. The survey is based upon the projected path

February National Existing-Home Sales Decline Following Sustained Gains

Existing-home sales fell in February following three straight monthly increases, according to the National Association of

NAR to Raise Membership Dues

The National Association of Realtors met yesterday at the Association Executives Institute in Dallas to present the Realtor Political Survival Initiative (PSI), a response to a 2010 Supreme Court ruling that effects campaign

Rents on the Rise

As the mortgage crisis continues, a lot of people being foreclosed upon are forced into rental properties. In addition, younger generations are not looking to buy because of the high costs of home ownership. With the amount of renters

AHS Data Shows How Many Homeowners Own Without a Mortgage

With all the news regarding mortgages, Fannie Mae and Freddie Mac, a recently-released 2009 American Housing Survey (AHS) shows data for homeowners who own their property without a mortgage in the Chicago Metropolitan

HUD and Census Bureau Report on February Residential Construction

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for February

New Exhibit Explores Green Neighborhood Design

Tuesday, the U.S. Green Building Council’s (USGBC) “Neighborhoods Go Green! Scaling up Sustainability” exhibit opened in Washington,

Young Homebuyers Will Lead Housing Market Recovery

Generation X –young families and adults ages 31 to 45 – are likely to lead the home buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association

Mortgage Purchase Applications Decrease Slightly in Latest MBA Weekly Survey

Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 11,

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