National News

Global wealth growth could offset ultra-lux home glut

Not only are the rich getting richer around the world, more people are joining the illustrious ranks of high- and ultra-high net worth individuals. That’s according to the 2019 Wealth Report from Knight Frank, a real estate and financial

Real Estate in Brief: Lender sentiment, housing starts and more

Lender optimism jumps as rates drift lower The latest survey of mortgage industry sentiment from Fannie Mae found lenders markedly more optimistic about their business prospects at the start of 2019. While still negative overall, the results of Fannie

Real Estate in Brief: Insurance bills, photo fraud and more

Agents warn of misleading listing photos Has photo retouching gone too far? Some brokers and buyers think so, according to a feature in The Wall Street Journal this week discussing the growing popularity of simple photo editing tools used

Why technology (probably) can’t replace agents

Will technology one day replace the role of the real estate agent? In an era of rapidly evolving customer relationship management software, iBuyers and the constant specter of brokerage mergers and acquisitions—always, it seems, with tech bandied about as

How Freddie Mac is leading the way for women in real estate

Although most Americans alive today have never known a world where women are absent from the workforce, most are still well aware of the discrimination and injustice that continues to plague working women. Though gender norms continue to be

New 2019 housing forecasts reflect brighter outlook

Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the

Bringing together tech and real estate data to solve problems

The U.S. Census Bureau is renewing its push to stimulate innovative technological developments through the use of its own data. The Opportunity Project (TOP), a collaborative effort between government agencies and private tech firms, continues to build upon initiatives

The industry’s glass ceiling problem

Real estate is a field that traditionally counts more women among its ranks than men; the 2018 National Association of Realtors Member Profile found that 63 percent of all NAR members were female last year. Yet when it comes

Real Estrange: Prepared for anything; Small place, huge price

Prepared for anything Those who fear the end is near might be interested in this apocalypse prepper’s paradise, on the market for $18 million. Just outside Death Valley National Park in Goldfield, Nevada, this circular home has 22 rooms

What’s ahead for FHFA nominee Mark Calabria?

On Tuesday, Feb. 26, the Senate Banking Committee voted to confirm Mark Calabria as the new head of the Federal Housing Finance Agency. Assuming he makes it through the full Senate vote, which has yet to be scheduled, Calabria

Pending home sales grow nationally, a welcome sign for spring

The first evidence that homebuyers are reacting to favorable market conditions came in the National Association of Realtors’ latest Pending Home Sales report. According to NAR’s index of pending home sales activity, contract signings grew 4.6 percent in January

Real Estate in Brief: New homeowners, economic growth and more

Homeownership rate posts eighth-consecutive quarterly gain The newest estimate of U.S. homeownership rates, released Feb. 28 by the Census Bureau, showed that more Americans have become homeowners in the last two years. As of the fourth quarter of 2018,

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Case-Shiller: Home prices growth trending downward

  One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered

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Case-Shiller: Home price growth trending downward

  One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered

Real Estate in Brief: Selling in spring, odd lots and more

Early May named the best time to list a home Plenty of Americans are getting anxious about the arrival of spring, particularly those who are homeowners looking to sell in the near future. As it turns out, spring may

Jan. existing-home sales leave room to grow

Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economists’ expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes

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