National News

Homeowners say buying ‘made them a better person’

Over three-fourths of survey respondents reported that being a homeowner has “made them a better person,” with about the same proportion saying that they’ve taken up new hobbies since closing on a home, like gardening, grilling and interior design.

Ending a hot decade, apartment construction dips in 2019

New national data on apartment construction shows activity slowing down in a lot of markets, including Chicago. But there are several bright spots that are showing exceptional building activity.

After two strong months, pending home sales slow

After two straight months of nationwide increases, the number of listings under contract by the end of July fell on a monthly basis.

Why slowing home price growth is only part of the picture

The S&P CoreLogic Case-Shiller National Home Price Index shows that home prices scored their 15th consecutive month of slowing year-over-year home-price growth. But there’s more to the story.

Consumer confidence remains strong amid economic unease

The Conference Board’s Consumer Confidence Index for August showed Americans shared broadly strong views of the overall economy and their own financial health near the end of the summer.

Builders finish summer strong but face uncertainty ahead

Economists were expecting new-home sales to finish stronger in July, aided by low mortgage rates that act as an incentive for buyers.

Existing-home sales post year-over-year gain

Home sales activity is picking up this summer, thanks in part to historically low mortgage interest rates, and despite some worrisome signals on the broader economy as of late.

Why millennials need agents

A new survey finds millennials feel their lack of knowledge on homeownership and mortgage lending is preventing them from buying homes. 

Keeping it in the family

You can’t clock out in the real estate business, any more than you can clock out from being part of a family. But what if family and business were inseparable?

Why prestigious properties can be a tough sell

Perhaps contrary to popular belief, the unique homes built by architect Frank Lloyd Wright tend to remain available on the market for several years at a time.

Keller Williams and Offerpad will join forces

The new arrangement will allow consumers to work with a Keller Williams agent, who will be required to obtain certification to allow them to submit cash offers through the Keller Offers program.

Why a recession could be near and what it means for housing

There are significant differences in the makeup of the housing market and larger economy in 2019 as compared to 2008, when the last recession began.

New policies to expand access to federally backed mortgages

Two new policies in the works have the potential to reshape the way homebuyers access credit through programs backed by the U.S. government.

For buyers and sellers with kids, time is of the essence

Families with young children looking to sell a home put a premium on quick transactions. Nearly half of this group said it was important to close the sale “somewhat urgently” and “within a reasonable timeframe,” whereas only 37 percent of sellers without children said the same.

Low rates boost mortgage industry but spook financial markets

Wall Street has found itself increasingly on edge in recent weeks, but strangely, that may be breathing fresh life into the mortgage lending industry.

The nation’s most popular ZIP codes in 2019

Realtor.com’s “hotness index” reveals that movers are looking for an active lifestyle, quieter neighborhoods and homes that are affordable but also within close proximity to city cores.

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