National News

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

American Housing Survey Provides Fascinating Glimpse at New-Home Shoppers

By Peter Ricci The American Housing Survey is conducted every two years by the U.S. Census Bureau, and every time the agency releases it they unleash a bevy of fascinating statistics regarding how the buyers of newly-built single-family homes

What Will Happen with Housing Inventory in 2013?

By Peter Ricci Yesterday’s existing-home sales report from the National Association of Realtors’ made two points perfectly clear: one, that existing-home sales are showing promising trends for 2013; and two, that housing inventory has fallen just about as low

Fitch Analysis: Housing will be Economic Boon in 2013

By Peter Ricci The housing market will contribute positively to the U.S. economy in 2013, with single-family housing starts climbing 18 percent, new home sales rising 22 percent, and finally, existing-home sales increasing 7 percent, according to an optimistic

2012 Zillow Home Value Index Increases 5.9 Percent Over 2011

By Peter Ricci The latest Home Value Index from Zillow had nothing but good things to share about the housing market, with U.S. home values increasing 5.9 percent in 2012 over 2011. Furthermore, the Home Value Index also increased in

Google Real Estate Part 5: The Appeal of Homeownership

By Peter Ricci So far, our “Google Real Estate” series has covered a wide range of topics within the real estate tech sphere. From Internet video, to mobile users, to the broad applications of marketing strategies, our emphasis has

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