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Realtors Give Thanks to American Troops and Their Families This Holiday Season

As the holiday season approaches, the National Association of Realtors is giving thanks to American troops. NAR will provide care packages and housing assistance to support soldiers and their families here in the U.S. and abroad. Two national charities

S&P/Case-Shiller Analysis Reports Decrease in National Homes Prices

According to the latest S&P/Case-Shiller report released today, the U.S. National Home Price Index dropped to 135.8 in the third quarter of this year, down two percent from last quarter. After rising 4.7 percent in the second quarter of

Houston Association of Realtors’ NextGen Realtor Group Takes Top Honors at National Association of Realtors Annual Convention

The Houston Association of Realtors’ (HAR’s) NextGen Realtor Group (NRG) was named the Young Professionals Network (YPN) Chapter of the Year at the National Association of Realtors annual convention held recently in New Orleans. NRG ranked No. 1 among

HUD Launches New One-stop Website for Economic and Housing Data

The U.S. Department of Housing and Urban Development today unveiled a new website that consolidates a wide variety of economic and housing market data at the regional, state, metropolitan area and county levels. Using data from the Census Bureau,

Houston Association of Realtors Rolls Out Property Search Application for the iPhone

After months of development and testing, the Houston Association of REALTORS® (HAR) has launched a property search application for the iPhone that extends the power of its popular HAR.com website to the palm of one’s hand. The HAR.com iPhone

Newland and Sekisui House Form Joint Venture to Acquire Real Estate Development Projects in the U.S.

Sekisui House, Ltd., and Newland Real Estate Group, LLC, last week announced agreements of acquiring commercial and residential real estate development projects in the U.S. Newland and Sekisui House announced their joint venture acquired 492 acres of undeveloped land

Builder Confidence Declines In August

Builder confidence in the market for newly built, single-family homes edged down for a third consecutive month in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI declined one

Obama Signs Homebuyers Assistance and Improvement Act of 2010, National Flood Insurance Program

By Tom Butala According to Chicagolandrealestateforum.com, President Obama on Friday morning signed the Homebuyers Assistance and Improvement Act of 2010 (HAIA), as well as an extension of the National Flood Insurance Program

Inmates Receive Credit While Incarcerated: Errors, Fraud Still Occur in First-Time Homebuyer Credit Program

The Treasury Inspector General for Tax Administration (TIGTA) today publicly released its latest report on the Internal Revenue Service’s efforts to identify and prevent fraudulent First-Time Homebuyer Credits claimed on 2008 U.S. Individual Income Tax returns and amended returns.

New Homes Sales Sink 33 Percent

According to the Associated Press, sales of new homes sank 33 percent, hitting the lowest level on record. The drop is being attributed to potential buyers ceasing their search once they were no longer eligible to receive any homebuyer

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