National News

FHFA Proposes Rule on Private Transfer Fees

FHFA this week sent a proposed rule to the Federal Register to begin formal rulemaking on private transfer

Zillow and Yahoo! Real Estate Combine Forces

Zillow.com and Yahoo! Real Estate launched yesterday an exclusive partnership that brings together the two sites and creates the largest real estate network on the web, according to

comScore Report Reveals Online Real Estate Trends

According to a recent report from comScore, online real estate site Trulia has the highest concentration of first-time homebuyers among top real estate search

National Pending Home Sales Continue Uptrend

Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of

National Association of Home Builders Elects Leadership for 2011

Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation during the association’s International Builders’ Show in

2010 Foreclosure Activity Increases in 72 Percent of Major Metros

RealtyTrac recently released its 2010 Year-End Metropolitan Foreclosure Market Report, which shows that foreclosure activity increased from 2009 in 149 of the nation’s 206 metropolitan areas with a population of 200,000 or more. At the same time, the metro

Google Maps to Drop Real Estate Search

By Tom Butala Google’s Earth and Maps team announced this week that they will drop the real estate listing search feature from their maps technology due to limited user

S&P/Case-Shiller Home Price Indices Show Decline in National Home Prices

Data through November 2010, released yesterday by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, show a deceleration in the annual growth rates in 17 of the 20 MSAs and the 10- and 20-City Composites compared to what

Homeownership Now More Affordable Than Renting in 72 Percent of Major Metros

Trulia.com released yesterday its latest Rent vs. Buy Index which found that it is more affordable to buy than to rent a two-bedroom home in 72 percent of America’s 50 largest

Married U.S. Households Account for Less Than Half in 2010

According to the U.S. Census Bureau, the amount of married households in the United States now accounts for less than half of all

December Existing-Home Sales Jump

Nationwide existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of

Real Data 2011 Now Available Online

See the top chicagoland agents, brokers and deals of 2011! Chicago Agent magazine has now released the highly anticipated fourth edition of Real Data, the premiere residential reference guide in the real estate

2010: The Year of Not-So-Empty Nesters

By Tom Butala A recent study from the National Association of Realtors shows that the amount of young adults living at home is at its highest level since the early

Mansion from The Godfather for Sale

Don Vito Corleone’s mansion has been put on the market for $2.9 million. The Tudor-style home is where Francis Ford Coppola’s 1972 iconic film The Godfather was

FHFA Announces Plan to Find Alternatives for Mortgage Servicing Structures

By Jessica Bollman Fannie Mae and Freddie Mac have been directed to work together along with the Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) to develop an alternative plan for future mortgage

Former Montana Property of Unabomber Ted Kaczynski Listed

By Tom Butala Northwest National Real Estate has boasted the opportunity to  “own a piece of infamous U.S. history” in their listing of the former residence of Unabomber Ted

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