National News

Spring Real Estate Season a Buyers’ Market

With new and existing home sales falling throughout the country in February, potential homebuyers are seeing attractive prices on all types of

New Residential Sales Reduce in February

The U.S. Census Bureau and the Department of Housing and Urban Development released today their report on new residential sales in

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association‘s Weekly Mortgage Applications Survey for the week ending March 18,

Experts Speculate on Housing Double Dip

Today, MacroMarkets LLC announced the results of the March 2011 Home Price Expectations Survey, compiled from 111 responses of a diverse group of economists, real estate experts, investment and market strategists. The survey is based upon the projected path

NAR to Raise Membership Dues

The National Association of Realtors met yesterday at the Association Executives Institute in Dallas to present the Realtor Political Survival Initiative (PSI), a response to a 2010 Supreme Court ruling that effects campaign

February Existing-Home Sales Decline Following Sustained Gains

Existing-home sales fell in February following three straight monthly increases, according to the National Association of

HUD Awards First Choice Neighborhood Grants

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today that 17 communities will be the first recipients of Planning Grant funding through the Department’s new Choice Neighborhoods Initiative. These communities will share a total of $4 million

Rents on the Rise

As the mortgage crisis continues, a lot of people being foreclosed upon are forced into rental properties. In addition, younger generations are not looking to buy because of the high costs of home ownership. With the amount of renters

HUD and Census Bureau Report on February Residential Construction

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for February

New Exhibit Explores Green Neighborhood Design

Tuesday, the U.S. Green Building Council’s (USGBC) “Neighborhoods Go Green! Scaling up Sustainability” exhibit opened in Washington,

Young Homebuyers Will Lead Housing Market Recovery

Generation X –young families and adults ages 31 to 45 – are likely to lead the home buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association

NAR President: “Owning a Home is Still Best to Begin Building Wealth”

As tax season approaches quickly, NAR President Ron Phipps speaks on the tax benefits enjoyed by

Houston Home Sales Taper Slightly in February

February marked a slight slowdown in the Houston real estate market following a galloping start to the new year in January when home sales rose for the first time in seven months. Despite last month’s decline in sales volume,

Mortgage Purchase Applications Decrease Slightly in Latest MBA Weekly Survey

Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 11,

Builder Confidence Edges Up One Point in March

After four consecutive months hovering at the same low level, builder confidence in the market for newly built, single-family homes improved by a single point in March, rising to 17 on the National Association of Home Builders/Wells Fargo Housing

MRED Offers Service to Speed Up Short Sales

Midwest Real Estate Data LLC (MRED) has announced it has entered into an Agreement with Fannie Mae to provide its customers the Fannie Mae Short Sale Assistance Desk (“Assistance

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