National News

Q4 Home Prices Post Strongest Increase Since 2005

Median existing single-family home price rose 10.0 percent in the fourth quarter of 2012 year-over-year, the strongest yearly increase for home prices since the fourth quarter of 2005, according to the National Association of

NAR: Typical Realtor Less Experienced in 2012 Than in 2011

The typical Realtor was less experienced in 2012 than in 2011, according to the latest numbers from the National Association of Realtors (NAR), which found that Realtors last year had, on average, 11 years of experience, down from 12

Will Obama Adress Housing in His State of the Union?

Tonight, President Obama will deliver the first State of the Union address of his second term, and along with the expected comments on gun control, climate change and immigration, recent reporting by the Washington Post suggests that housing policy could

List Your Property on a Friday, Or Suffer the Consequences

A wide number of factors contribute a listing selling for its ultimate price, but recent research suggests that the home’s timeliness could add thousands to the final sale

Home Offers/Tour Requests Skyrocket in Redfin Real-Time Demand Pulse

Homebuyer demand has started out the year incredibly strong, according to Redfin’s February Real-Time Demand Pulse, a measure of both home tours and signing offers with Redfin

Consumer Confidence Continues to Climb in National Housing Survey

Consumer confidence in the housing market continued to climb in Fannie Mae’s January National Housing Survey, as more and more consumers approved in the direction of the housing recovery. Most notably, the percentage of survey respondents who thought that

3 Reasons Your Clients Should Buy Now

The latter winter months are often an awkward time for prospective homebuyers; though competition for real estate is sparse, inventory is often slim as well, and homebuyers are often caught between a rock and a hard place – buy

NAHB Improving Markets Index Swells to 259 Areas in February

The National Association of Home Builders’ (NAHB) Improving Markets Index expanded to 259 metropolitan markets in February, according to the latest tally from the NAHB. That’s up from 242 in January, and all 50 states now feature at least

Home Prices Rise 8.3 Percent in CoreLogic Home Price Index

Home prices rose a robust 8.3 percent year-over-year in December according to the latest CoreLogic Home Price Index. That’s the biggest increase since May 2006 and the 10th consecutive monthly increase for the Home Price Index; additionally, prices increased

Housing’s Positives to Strengthen, Spread to Other Industries

By Peter Ricci A number of prominent economic analysts are anticipating good things for the housing market in the coming months, with home prices, mortgage delinquencies and foreclosures all moving in positive territories and further strengthening the already recovering

Asking Prices Up 5.9 Percent in Trulia Price Monitor

Asking prices increased 5.9 percent year-over-year in January in the latest Trulia Price Monitor, an assessment of all the asking prices on the website’s

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

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