National News

3 Big Obstacles to the Housing Recovery

Do these economic trends pose problems for housing’s future? America’s housing market is at a crossroads. In addition to the usual real estate entities that impact its progress – Realtor associations, homebuilders, lending institutions – housing is also privy to the wider

Census Bureau: New Home Sales Disappoint in September

New home sales were down last month, but what about 2015 overall? Autumn has been a lackluster season thus far for new home sales, which rose 2.0 percent month-to-month but fell 11.5 percent year-over-year in September, ending the month at a seasonally adjusted

Case-Shiller: Texas Home Prices Rising Strongly

Home prices in Texas continue to rise in 2015 Home prices in the Lone Star state continue to rise in 2015, with prices in the Dallas metro area rising 0.8 percent monthly and 8.9 percent year-over-year in August, according to the

Don’t Hold Your Breath for Any Fannie/Freddie Reforms

Will Fannie Mae and Freddie Mac ever change? Investors and housing advocates alike have anxiously awaited government plans to reform Fannie Mae and Freddie Mac, but recent comments by Obama administration officials indicate they’ll have to wait a bit longer.

How Lagging Economic Optimism Impacts Housing

The economy on a whole may be doing better, but most Americans are not directly experiencing those gains The unemployment rate is currently 5.1 percent, down substantially from where it was five years ago. Since bottoming in March 2009, the

Construction Still Impacted by Labor Shortages

Employees of all backgrounds left the construction industry and didn’t come back More than five years after the housing downturn, homebuilders are still grappling with a lack of construction workers, according to a new Wall Street Journal report. There are 1.3 million

Trulia Highlights Supernatural Hazards

Trulia sought to find some of the most unnaturally hazardous places in the country Halloween is nearly upon us, which means it’s time to break out our jack-o-lanterns, cue up our YouTube mixes for Thriller and The Monster Mash,

Apartment Construction Drives Market in 2015

Without the surging apartment sector, where would new construction be in 2015? Housing starts in September were up 6.5 percent from August and 17.5 percent from Sept. 2014 to a seasonally adjusted annual rate of 1.026 million, which is the

BoA Survey: Millennials Confident, Yet Stressed About Money

According to the new Better Money Habits Millennial Report from Bank of America, while 84 percent of Millennials are self-reliant when it comes to managing their own finances, 41 percent are constantly stressed about money. Moreover, the report found that money stress

90 Percent of Homes are Under Insulated

Ninety percent of all U.S. homes are under insulated, according to a new report released by the North American Insulation Manufacturers Association (NAIMA). The report pulled data from the 2009 Residential Energy Consumption Survey and used insulation estimation techniques

SOC Reports the New Median Size of Single Family Homes

The new median size for single family homes is 2,450 square feet. According to the 2014 Survey of Construction (SOC) data from the Census Bureau and NAHB analysis, this is the second highest average since 2009. The new size in

62% of Americans Have Almost No Savings

Yet another study finds that a majority of Americans are on financially insecure footing Sixty-two percent of Americans have inadequate savings. That alarming statistic was the main finding of a Google Consumer Survey that GoBankingRates, a national website that

Wire Fraud Scammers Target Real Estate Agents, Clients

Resurgence of wire fraud scams alarms NAR Wire fraud, or fraud using telecommunications technology, is on the rise in real estate transactions, according to a new report in the Washington Post. The scam works like this: hackers gain access to either

House Passes Bill to Delay TRID, Again

On Oct. 3, lenders finally reached the much-delayed compliance deadline imposed by TRID. However, in an effort to assist smaller lending, title and escrow companies reach a level of sustainable compliance with the new documentation, a bipartisan bill was introduced, and

Five Fresh, Vibrant Real Estate Apps for 2015

Here is a list of fresh apps in 2015, all of which benefit agents’ business in intriguing ways. MileIQ: Car and truck expenses are the most claimed tax deduction for small businesses, and few professionals spend more time behind

Newly Formed NAHB Young Professional Committee

The National Association of Home Builders Young Professionals Committee was recently formed to inspire young homebuilding professionals under the age of 45 to become association leaders. New members will be involved in national networking, education and advocacy initiatives. And when filling out an application, the association is recommending

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