National News

Prudential: Homeownership Remains Important to Young Americans

By Peter Ricci It was just last week that we reported on a rather spectacular analysis of the U.S. rental markets, which found that rental demand would rise by 6.6 million units in the next three years. Fresh off

Back on Top: Real Estate Ranked Best Industry to Work In!

By Peter Ricci Despite a recession, economic adversity has done little to quell the passion of real estate professionals for their industry. According to the newest survey by WorkPlace Dynamics on U.S. businesses and industries, real estate was the nation’s best

Construction Spending Increased 9.2 Percent in 2012

By Peter Ricci Construction spending increased 9.2 percent in 2012, according to the latest analysis by the U.S. Census Bureau, closing out what has been the most positive year for the construction industry in the post-bubble housing

CoreLogic: Foreclosure Inventory Down Nearly 20 Percent in 2012

By Peter Ricci Foreclosure inventory fell in 2012 from 1.5 million homes to 1.2 million, a 19.5 percent decline that further demonstrates the progress the U.S. real estate made last year, according to the latest National Foreclosure Report from

Nation’s Homebuilders Report Very Strong Q4 Earnings

By Peter Ricci The nation’s largest homebuilders, including D.R. Horton, Ryland Group and PulteGroup, reported very promising four quarter, offering the strongest confirmation yet that the U.S. housing construction sector has turned the

FHA Announces Big Changes to Mortgage Insurance Premiums

By Peter Ricci In an effort to shore up its troubled finances, the Federal Housing Administration (FHA) has announced several changes to how it manages its loans, including increasing the mortgage insurance premiums for new

Rental Demand Expected to Grow by 6.6 Million Through 2016

By Peter Ricci Another day, another hugely optimistic analysis for rental demand in the U.S. real estate market. FirstService Residential Realty, the nation’s largest residential single-family property management company according to HousingWire, is the latest to throw its hat

Fannie & Freddie Announce New Remedy for Underwater Homeowners

By Peter Ricci Everywhere you look nowadays, the housing market is showing improvement. Home prices are increasing, home sales and housing inventory are stabilizing and even homebuilding is beginning to pick up. Yet, amidst all those signs of recovery,

“Spillover Effect” Potent As Ever As Housing Market Recovers

By Peter Ricci The housing market’s effect on the general economy – or, the “spillover effect,” as its called by some – is often the trump card among housing analysts when debating the merit of real estate, the fact

Texas Home Prices Remain Strong in November Case-Shiller

By Peter Ricci Texas home prices remained strong in the November Case-Shiller Home Price Indices, with home prices in Dallas increasing 5.7 percent year-over-year in November, according to the latest release from Standard & Poor’s. Though S&P does not track home

How Did the Realtor Party Perform in 2012?

By Peter Ricci The Realtor Party was something new from the National Association of Realtors (NAR). Though the famously democratic group was already one of the most active lobbying groups in the U.S., the Realtor Party made the association’s

Pending Home Sales Index Jumps 6.9 Percent in December

By Peter Ricci The Pending Home Sales Index from the National Association of Realtors (NAR), one of the best indicators in housing for future home sales, posted strong numbers in December, increasing 6.9 percent year-over-year in

Sellers Continue to Hang Tight in Redfin Real-Time Seller Survey

By Peter Ricci Home sellers, though increasingly confident with the real estate market, are continuing to hang tight and wait for further improvements to the real estate market before listing their properties, according to the latest Real-Time Seller Survey

New Single-Family Home Sales Increased 19.9 Percent in 2012

By Peter Ricci New single-family home sales in 2012 increased 19.9 percent over 2011, as the homebuilding market concluded its most productive year of business in some time. According to the latest Census Bureau figures, new single-family home sales

Purchase Activity Back to 2010 Levels in MBA Mortgage Survey

By Peter Ricci The Purchase Index of the Mortgage Bankers Association’s (MBA) latest Mortgage Applications Survey, which measures purchase activity in the nation’s mortgage markets, increased 3 percent last week from the week before and 26 percent year-over-year, hitting

Fannie Mae: Housing Market on ‘Firm Footing’

By Peter Ricci Rebounding home prices, record low mortgage rates and strong home sales are just some of many positive factors in the housing market heading into 2013, according to the latest Economic and Strategic Research report from Fannie

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