National News

It’s On – Move, Inc. Answers Zillow with Own High-Profile Acquisition

Advantage – Move, Inc.? In a clear response to Zillow’s $3.5 billion acquisition of Trulia, Move, Inc., the company that manages NAR’s realtor.com website, has acquired the listing syndication business of Point2 in an effort to increase its market

How Much is $1 Million, Really?

$1 million is a hefty chunk of change, but new data shows that it goes much farther in some metro areas than in others. How much is $1 million, in the grand scheme of things? According to some very interesting

5 Reasons We Could See the Strongest Autumn Selling Season Since 2008

Autumn has traditionally been a slow selling season, but Redfin analysis suggests that may not be the case in 2014. #dv520008 / gettyimages.com It’s a seasonal trend as tried and true as any in American business – the strong

Census Bureau: Residential Construction Flat in July

Residential construction was basically flat in July, though it remains ahead of 2013’s pace. #175431498 / gettyimages.com Residential construction spending through July was at a seasonally adjust annual rate of $358.1 billion, a 0.7 percent increase from June, according

Negative Equity Heavily Concentrated in Lower Price Points

Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. #471456425 / gettyimages.com Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X

July Pending Home Sales Offer Pleasant Surprise

Pending home sales rose for the fourth time in five months, according to the National Association of Realtors. #143058853 / gettyimages.com Pending home sales rebounded in July, rising 3.3 percent from June according to the latest data from the

The Limitations of $1 Million in International Real Estate

$1 million sure goes much farther in our local housing market! #200433899-001 / gettyimages.com In our housing market, as well as scores of others across the U.S., $1 million is a hefty sum of money, one that awards potential

Generation X Still Racked by Underwater Mortgages

Though the U.S. has cleared through millions of underwater mortgages, a shocking number of Gen X mortgage holders are still underwater. #115181433 / gettyimages.com Seventeen percent of the nation’s homeowners – aka 8.7 million – are still underwater on

Housing Affordability Returning to Earth

Housing affordability has been one of the key marketing tools in an agent’s arsenal, but that could be changing soon. #200336957-001 / gettyimages.com During housing’s down years, agents had a couple of marvelous talking points to use with potential homebuyers

Texas Home Prices Show Signs of Slowdown in Case-Shiller

Home prices in Texas showed signs of slowing down in the latest Case-Shiller. #182145590 / gettyimages.com Home prices in the Texas showed some signs of slowdown in June, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s.

5 Points to Help Explain When Millennials Will Start Buying

Homeownership rates in young adults have been dwindling, and Fannie Mae takes a stab at explaining why. #151910629 / gettyimages.com Homeownership is on the decline. And though it is a trickling decline and might, at some point in the future,

The 4 Angles of Today’s New Home Sales Report

New home sales were down monthly and up yearly, but the story is so much deeper than that. #160457704 / gettyimages.com By now you’ve surely seen the headlines – though new home sales in July were up 12.3 percent

The Secret Life of Existing-Home Sales

July’s existing-home sales data looked pretty positive, but scratching beneath the surface reveals a different perspective. #76038116 / gettyimages.com It all seems so nice – in July, existing-home sales rose 2.4 percent from June to a seasonally adjusted annual rate

Builder Confidence Jumps to Highest Mark Since January

Despite numbers that would imply the contrary, homebuilder confidence continued to increase this month. #82355278 / gettyimages.com Builders were a mighty confident bunch this month, with the NAHB’s Housing Market Index, the industry’s leading measure of homebuilder confidence, rising

Existing-Home Sales Pace Hits Its Stride, Reaches 2014 Peak

NAR’s new existing home-sales report shows the sales pace quickening, inventory rising and distressed sales falling. #180585625 / gettyimages.com As summer temperatures hit their peak in July, so did existing-home sales, which, as the National Association of Realtors today

This is How Important Government Financing is For First-Time Homebuyers

Simply put, without government guarantees, the percentage of first-time homebuyers would be even smaller than it already is. #181215771 / gettyimages.com In June of this year, only 28 percent of existing-home sales went to first-time homebuyers, a historically low

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