National News
Lennar and CalAtlantic Group announced a $5.7 billion stock-and-cash deal on Oct. 29 to create the largest homebuilder in the United States. This is the largest homebuilder merger since the financial crisis. With this deal, the companies said it
The National Association of Home Builders announced on Oct. 30 that it does not support the forthcoming GOP tax plan, which would ax the mortgage interest tax deduction (MID), eliminating an estimated $80 billion in homeowner subsidies annually. Until
Home developers around the country are having to be more resourceful, as the amount of available land in the United States shrinks while builders require higher wages and the price of materials increase. The result, according to a recent
The National Association of Realtors recently released its Realtors Confidence Index (RCI) to gauge Realtors’ feelings about the overall market, including local real estate market conditions, characteristics of buyers and sellers, and external factors affecting homeownership and sales. Overall, the confidence index
The number of non-current mortgages and mortgage delinquencies in the U.S. rose significantly in September, in large part due to Hurricanes Harvey and Irma. Delinquencies have increased significantly since both storms have hit, climbing higher than they’ve been since
Despite all the technology that’s involved in the real estate industry today, there still remains a human element that won’t be going away any time soon. House hunters and potential buyers can search for homes all they want, but
The internet offers scores of tips and resources for finding a mortgage, but according to a recent survey conducted by Fannie Mae’s Economic & Strategic Research group, homebuyers feel more comfortable shopping for mortgages with assistance from specialists. According
The National Association of Realtors’ investment branch, Second Century Ventures, recently announced its investment in Notarize, an online notarizing service bringing mortgage signings and closings into the 21st century. “As one of the only 13 investments SCV has made
Homebuyers are becoming more and more eager to build their homes from scratch, this according to a recent report put out by the National Association of Home Builders in collaboration with the Wells Fargo Housing Market Index. Since last May,
For the third month in a row, there was a decline in home sales in September. However, the average home sale price continues to rise. A recent Redfin report shows that in September, home sales fell by 8.1 percent —
More than 20,000 Realtors, industry experts and guests will be in Chicago from Nov. 3-6 at the 2017 Realtors Conference & Expo, themed “The Sky is the Limit.” Saturday’s general session keynote address will be presented by 23-time Olympic
The ability to own your own home is a dream for most Americans, but depending on which part of the country you live in, that may require more working hours than in other locations. A recent report from How Much
Anyone involved in the sale or purchase of a home has likely dealt with some effects of a tight inventory, which has been coloring the residential market across the country this year. Housing data shows that whenever homes do go
It’s barely October, and awards season has begun. It’s the Agents’ Choice Awards that get us started down this road, and I didn’t hear anyone thank me, which seems like a big miss. I’ll forgive you, partly because I
It’s common knowledge that ships and boats can sink, but can you imagine a sunken community? A recent report revealed that $916 billion worth of U.S. homes could end up underwater due to the sea level increasing by just
A recent survey shows about six out of every 10 homes built in 2016 were built within homeowner’s or community associations. The U.S. Census Bureau’s Survey of Construction (SOC) defined homeowner’s associations as “formal legal entities created to maintain common