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On the same day, Compass settled a lawsuit against one titan of the real estate industry while finding itself at the center of a new, explosive complaint from another competitor.
New data from Quicken Loans shows homeowners are becoming more realistic about the values of their homes, though exactly how rational they are varies quite a bit from city to city. Find out how Chicago compares to the rest of the country.
Low unemployment, rising home prices and responsible underwriting are all identified as sources for these positive numbers. Still, there’s one major factor external to the economy that can have a major impact on the rate of foreclosures in a given area.
No need to knock when entering this 2,200-square-foot single-family residence — it doesn’t have a front door. Haus Gables in Atlanta, is a one-of-a-kind home listed at $1.25 million by Harry Norman Realtors. Designed by award-winning architect Jennifer Bonner,
While casual observers might have been expecting dismal numbers in the latest jobs report from the Bureau of Labors Statistics following expectedly soft figures in May’s report, Friday’s jobs report was actually pretty encouraging. The total nonfarm job count rose by 224,000 in June, and the unemployment rate of 3.7 percent represented almost no change from the previous month.
This summer, the mortgage industry has good news for veterans in high-cost real estate markets thanks to the Blue Water Navy Vietnam Veterans Act, recently signed into law. But the bill was nearly bad news for those interested in VA loans, as previous versions would have raised VA loan fees.
Zestimates have reportedly been upgraded to incorporate artificial intelligence and machine learning capabilities that the company says will improve accuracy. But despite these touted improvements, the feature, which lets homeowners and prospective buyers see the estimated value of almost any residence, remains controversial.
The Counselors of Real Estate, an international organization for commercial real estate professionals, ranked what its membership body recently voted on as the current and emerging issues it expects to have the most significant impact on real estate. Topping
The number of mortgage applications submitted during the week ending June 21 grew 1.3 percent, and rates on the standard 30-year fixed-rate mortgage continued their downward slide.
Less than a week after the National Association of Realtors reported stronger than expected existing-home sales for the month of May, there’s more good news for the U.S. housing market. NAR’s Pending Home Sales Index for May came in
Trump seeks to prioritize affordable housing with an executive order, proposed mortgage reforms are already adding on to borrowing costs, new home sales tick lower again and more in our weekly roundup of national real estate news.
The Joint Center for Housing Studies at Harvard University released its annual State of the Nation’s Housing report for 2019 and we were on hand to get the big picture on affordability, inventory pressures, predictions for the future and more from researchers and policy experts
In March, the luxury home market saw the largest drop in sales since 2010 with an 8.3 percent year-over-year decrease in closings, according to data gathered by Realtor.com. There were just 8,343 sales in excess of $1 million across
By the end of 2018, it was easy to see storms on the horizon in terms of the domestic and global economic outlook, with price growth beginning to slow and construction activity continuing to underwhelm. At the midpoint of 2019, however, we’ve already seen several surprises in the housing market, many of them on the positive side.
Real estate news this week includes stories about investors growing their share of home sales, Fannie and Freddie’s support for pre-fab homes yielding mixed results, and low rates failing to be a panacea in the housing market.
The latest numbers demonstrate that consumers may have responded to the combination of continuing low interest rates and newly increased inventory sooner than some watchers of the market had expected.