National News
By Peter Ricci Completed foreclosures declined 17 percent year-over-year in October, as the strengthening housing market and the National Mortgage Settlement continue to improve the mortgage market. According to the latest National Foreclosure Report from CoreLogic, in addition to the
By Peter Ricci Every day, if not every moment of every hour, new details are reported about Congress’ ongoing battle to avert the so-called “Fiscal Cliff,” with various policies, tax proposals and political rhetoric being exchanged across the aisles.
By Peter Ricci Asking prices continued to show improvement in the Trulia Price Monitor, a leading indictor of market activity that studies the asking prices of new property listings on the real estate website. Overall, the Trulia Price Monitor found
By Peter Ricci The findings of the National Association of Realtors’ (NAR) 2012 NAR Profile of Home Buyers and Sellers on the home search process was perhaps the most encouraging part of the entire study, as it found that though
By Peter Ricci In a free webinar open to the public, the National Association of Home Builders (NAHB) assessed the politics and economics surrounding the housing market following the reelection of President Obama. Featuring Jerry Howard, the association’s CEO, Jim Tobin,
By Peter Ricci Home prices rose 6.3 percent year-over-year in October according to the latest Home Price Index from CoreLogic, which is the biggest yearly increase since June 2006 and the eighth consecutive month of yearly increases. This is the
By Peter Ricci The fiscal cliff, and its implications for the U.S. economy, may be receiving all the attention from the media, but the National Association of Realtors (NAR) is doing its darnedest to ensure that another, equally potent
By Peter Ricci Construction spending, on the strength of the residential construction market, rose 1.4 percent from September to October and 9.6 percent from October 2011, according to the latest figures from the U.S. Census Bureau. It was another
By Natalie Terchek The National Association of Realtors (NAR) received a gold Best in Biz award for its forward-looking business practices. The independent business awards program honors companies and executives for their business successes. It is judged by industry
By Peter Ricci Falling housing prices during the housing downturn were, for prospective homebuyers and investors, a pretty smashing development. Housing affordability soared, and for those in the position to purchase a residence, deals could be had at nearly
By Peter Ricci For the last two weeks, we’ve taken a detailed look at the homebuyers side of the National Association of Realtors’ 2012 Profile of Home Buyers and Sellers, analyzing demographics, the home search process, what kinds of
By Peter Ricci With few exceptions, home prices have been on the rise through most of 2012, and in noticeable ways – the most recent Case-Shiller Home Prices Indices, which Standard & Poor’s released on Tuesday, reported that home
By Peter Ricci The Pending Home Sales Index, a forward-looking measure of real estate activity from the National Association of Realtors (NAR) that tracks contract signings, rose 13.2 percent year-over-year in October, hitting its highest mark since March 2007
By Peter Ricci First-time homebuyers have always played an integral role in the housing market, but the latest HousingPulse Survey from Campbell/Inside Mortgage Finance has found that they may be missing out on the housing recovery. After surveying 2,500
By Peter Ricci Now that the real estate markets have begun a slow, steady recovery, it’s become commonplace for analysts to debate what factors are holding back housing from the rollicking, surging recovery we all dream about. From negative
By Peter Ricci New single-family home sales increased 17.2 percent year-over-year in October, according to the latest joint report from the U.S. Census Bureau and the Department of Housing and Urban Development. Although sales were down 0.3 percent from September to October,
