National News

HUD, Cyndi Lauper Join Forces For America’s Homeless

By Joe Van Acker Turns out, girls just wanna…count the homeless. The U.S. Department of Housing and Urban Development is partnering with ’80s pop icon and Grammy Award-winner Cyndi Lauper to determine the size and characteristics of the country’s

Home Prices Increase 7.4 Percent in CoreLogic HPI, Hit Six-Year High

By Peter Ricci Home prices increased 7.4 percent from November 2011 to November 2012 in the lastest CoreLogic HPI, which is the ninth straight month of year-over-year home price increases and the strongest showing from home prices since May

Will Added Competition Threaten First-Time Homebuyers?

By Peter Ricci First-time homebuyers, as any agent knows, are one of the most important demographics to a healthy real estate market, and the increasing market share of first-time homebuyers has been one of the many positive developments of

CoreLogic: Total Home Sales Increased 6 Percent from 2011 to 2012

By Peter Ricci Total home sales increased 6 percent in 2012 over 2011 according to the January MarketPulse report from CoreLogic, a wide-ranging analysis of the housing market that anticipated good things for the real estate industry in 2013.

NAR’s Housing Affordability Index Soars to New High in 2012

By Joe Van Acker Buyers enjoyed unprecedented buying power last year, according to the National Association of Realtor’s Housing Affordability Index. Cruising past 2011’s record figure of 186, the index is expected to reach an all-time high of 194

Smarter Growth America: Govt Spends $450 Billion a Year on Real Estate

By Peter Ricci Real estate is often considered the last truly “free” market in the U.S. economy, a sector that, unlike agriculture, manufacturing, education or health care, has avoided the influence of government to grow and prosper – or has it?

CFPB Announces Qualified Mortgage Standards – What You Need to Know

By Peter Ricci Well, it’s finally happened. After months of speculation, the Consumer Financial Protection Bureau (CFPB) has finally announced its qualified mortgage standards, which are the new, defining lending guidelines for the nation’s

When Renting Became More Expensive Than Owning

By Peter Ricci Proponents of renting have often argued that renting is less expensive that owning, and admittedly, the argument makes sense; after all, renters do not have to worry about repairs, insurance or property taxes, among the other

NAHB’s Improving Markets Index Swells to 242

By Peter Ricci The National Association of Home Builders’ (NAHB) Improving Markets Index, a key measure of the housing markets in the U.S.’ largest metropolitan areas, rose for the fifth consecutive month in January, increasing to a total of 242

$8.5 Billion Mortgage Settlement Offers Relief to Borrowers

By Peter Ricci Federal regulators put the finishing touches on an $8.5 billion mortgage settlement with 10 of the nation’s largest lenders earlier this week, with the majority of the funds going towards delinquent homeowners in danger of losing

IPO Fever Catching on with Housing Market

By Peter Ricci Things have been looking up for the housing market heading into 2013, and we’re not just saying that because shadow inventory is falling, home sales at their highest mark in years and consumer confidence in the housing

Real Estate-Related Google Searches Spike 253 Percent Since 2008

By Peter Ricci Real estate-related searches on Google have catapulted 253 percent since 2008, according to a joint study by Google and the National Association of Realtors (NAR). In addition, the report, titled The Digital House Hunt: Consumer and Market

Fannie Mae National Housing Survey Reveals Great Expectations

By Joe Van Acker It looks like avoiding the apocalypse may have put consumers in the mood to buy. Americans continue to report confidence in the housing market despite concerns for their personal finances and the overall economy. Respondents to

NAHB Study: Average Homeowner to Stay in Home For 13 Years

By Peter Ricci A new study from the National Association of Home Builders (NAHB) has found that the typical buyer of a single-family home will stay in the property for 13 years before moving out. That’s down from 16

Gen Y Has Spoken: Amenities > Square Footage

By Stephanie Sims You’ve read all about Gen Y already: they plan to eventually buy, are reshaping the multifamily market and have positive feelings toward the housing market, in general. But a new study found data that’s valuable to any

Shadow Housing Inventory Continues to Fall, Down 12.3 Percent in Oct

By Peter Ricci So far, news for 2013 is optimistic: shadow housing inventory continued to decline in the autumn months, falling by 12.3 percent year-over-year in October, according to the latest estimates from CoreLogic. In total, there were 2.3

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