By Peter Ricci National home prices increased 2.5 percent year-over-year in CoreLogic’s Home Price Index (HPI) for June, marking the fourth consecutive month of yearly gains for the index. In addition, the index, which is used by the Federal

When it comes to the  housing market and the real estate industry, few things could be more clear – the two are among the most important contributors to economic growth. Indeed, the amount of economic activity involved in a

The housing vacancy rate is among the most important measures of the real estate recovery. After all, excess supply was one of the big side effects of the housing boom, as the preponderance of vacant homes wrecked havoc on property

By Peter Ricci In case you haven’t noticed, it’s hot outside – quite hot, in fact! All throughout the Midwest, temperatures have been raging (they hit 107 in Evansville, Indiana in June), and they’ve made the home searching process

The $25 billion mortgage settlement received quite a bit of press when the documents were signed back in February, and for good reason. Encompassing several states attorneys general and the largest financial institutions in the country, the settlement was

In a new strategy to generate buzz among consumers and Realtors, the National Association of Realtors (NAR) has launched a wide-ranging email campaign on homeownership. According to a description of the campaign on NAR’s website, the campaign began last

By Peter Ricci In an effort to better mobilize Realtors for the coming elections in November, the National Association of Realtors (NAR) has formed the Realtor Party, a group that aims to forgo party politics in the name of

By Peter Ricci Mortgage complains reigned supreme in the Consumer Financial Protection Bureau’s (CFPB) semi-annual report to Congress, comprising 43 percent of the 55,300 complaints the agency received from consumers in its first 11 months of existence. The make-up of

The shadow knows – that his inventory is severely down! According to researchers at Morgan Stanley, the shadow inventory has fallen 35 percent from its 2010 peak, yet more evidence of stabilizing inventories in housing. The researchers estimate there

National home prices in rose by 2.2 percent from April to May in the latest Case-Shiller Home Price Indices from Standard & Poor’s, with 17 of the 20 metropolitan areas surveyed seeing their annual returns increase. Though S&P does not

Standard & Poor’s will release its latest Case-Shiller Home Price Indices tomorrow, and analysts and journalists alike are eagerly awaiting its findings – and what they will suggest for housing prices across the country. So far, the narrative has

By Peter Ricci In the real estate community, there is a fire burning – are green homes all that they’re cracked up to be? And more importantly, do they add anything to a home’s value? Such questions have been

By Peter Ricci The National Association of Home Builders’ Builder Confidence Index hit its highest mark in five years in July, and based on second quarter home order stats from the nation’s largest builders, the source of such confidence

By Stephanie Sims HousingWire reported today that refinance activity has hit a three-year high, and mortgage applications increased 2 percent from last week, the highest levels since April of 2009. When Facebook founder and one of the world’s wealthiest

By Peter Ricci Pending home sales rose year-over-year for the 14th consecutive month in June, according to the latest Pending Home Sales Index from the National Association of Realtors. A forward-looking index based on contract signings, the Pending Home Sales

By Peter Ricci New residential single-family home sales were up 15.1 percent in June year-over-year, according to the latest data from the U.S. Census Bureau. The increase comes a week after existing-home sales rose 7.9 percent from the year