National News
By Peter Ricci The real estate numbers game, as any agent knows, is not always the most fun of activities. Indeed, pricing a home is a delicate balancing act between accurately valuing the home, attracting potential homebuyers and, of
By Peter Ricci Fresh off the positive financial news from Freddie Mac, sister GSE Fannie Mae is reporting great numbers of its own, with a third quarter net income of $1.8 billion. That income was strong enough, Fannie reported,
By Peter Ricci The Realtor Confidence Index from the National Association of Realtors (NAR) faltered a bit in September, with tight home lending standards stalling the index’s momentum. The index had been rising steadily through most of 2012, and
By Peter Ricci So…what’s next for housing? That’s the question on many real estate professional’s minds, now that the presidential election has finally concluded with the reelection of President Obama. On election day, we surveyed what was at stake for
By Peter Ricci Home prices increased 5 percent year-over-year in the CoreLogic Home Price Index, which is the biggest increase in more than six years for the index and the seventh straight month of yearly increases. Nationally, on a
By Peter Ricci Consumer sentiment towards the housing market has been gradually improving in Fannie Mae’s National Housing Surveys, and a new FindLaw survey has found that the situation is improving other notable ways. According to the FindLaw survey, which
By Peter Ricci Embattled GSE Freddie Mac reported a monster third quarter in its latest financial report, with a net income of $2.9 billion that will allow the firm to avoid drawing additional funds from the U.S. Treasury. It
By Peter Ricci The National Association of Realtors spends quite a bit of money advocating Realtor issues, and nowhere are its expenses more prominent than in the realm of politics. In 2012 alone, NAR contributed $2.92 million to political
By Peter Ricci Asking prices increased 0.7 percent from September to October in the latest Trulia Price Monitor, a survey of all the listings featured on the real estate syndication site. In addition, prices rose 2.9 percent from October
By Peter Ricci Today is the day: Election Day! Now that the election is finally upon us, we can breathe a sigh of relief that we won’t be seeing anymore campaign ads anymore and, more importantly, revisit what is
By Stephanie Sims If you know your target market, your message will be well-received. Even though real estate is about selling, knowing stats about your clients, and homebuyers in general, can only help you and your
By Peter Ricci RealtyTrac, the oft-quoted real estate research firm based in Irvine, California, generated considerable buzz a couple weeks back when it published a stinging study arguing that nearly every available housing metric had worsened under President Obama’s watch. With
By Peter Ricci The latest data from the Bureau of Economic Analysis, which looked at the U.S. economy in the third quarter, was good but unspectacular – a 2 percent annual rate of growth, up from 1.3 percent in
By Peter Ricci Zillow has completed its fourth major acquisition in just 18 months, purchasing the real estate shopping website Buyfolio for an undisclosed sum. A fun, streamlined approach to online home shopping, Buyfolio is a New York City-based
By Anne Hartnett I am in real estate media. I eat, sleep and live the topic. It’s what people corner me about at dinner parties, the gym and the dog park. Because of my work, I track several high-tech
By Peter Ricci Residential construction spending increased modestly in September, rising 2.8 percent from August’s revised totals to an annual rate of $285.9 billion, according to the latest numbers from the Census Bureau. After four years of precipitous declines,