National News

Texas Realtors Celebrate Annual Achievements

Celebrating a year of accomplishments, the Texas Association of Realtors recently recognized outstanding members and local associations February 15 during its annual Winter Meeting at the Hyatt

Realtors Advocate National Flood Insurance Program Reform

Congress needs to strengthen and reauthorize the National Flood Insurance Program for the long term to prevent undermining the fragile real estate market recovery, the National Association of Realtors said in testimony today before the House Financial Services Subcommittee

Donald Trump Roasted on Comedy Central

Real estate developer, entrepreneur, and all-around tough guy Donald Trump was recently ‘roasted’ on Comedy Central; the event is set to air tomorrow night, Tuesday, March 15 at 10:30 p.m.

NAHB Indices Show Optimistic Outlook for Multifamily Development

Two quarterly indices produced by the National Association of Home Builders (NAHB) indicate a return to healthy market conditions for both new and existing apartment and condominium

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 15.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 4,

Housing Aid Termination Bills Won’t Last

As the House of Representatives seeks to end the Obama Administration’s housing aid programs, one source in the Senate tells HousingWire.com the termination bills are “dead on

Zillow Expands Zestimates to Include Rentals

Zillow yesterday launched “Rent Zestimates,” a one-of-a-kind tool that can be used as a starting point for determining a home or apartment’s estimated monthly rent price. The launch expands on Zillow’s popular Zestimate home valuations and empowers renters and

Number of Foreclosures Drops Significantly

The number of foreclosure notices nationally has dropped significantly dropped — 27 percent — for the month of February compared to this time last year. Does this mean that we are nearing an end to the foreclosure crisis or

Homeownership Essential to Job Growth and Economy, Say Realtors

Testifying before a Senate panel yesterday, National Association of Realtors President Ron Phipps told members of Congress that sustainable homeownership must be the goal when considering future federal housing

Obama Administration Stands by Housing Reform

By Tom Butala The Obama Administration has threatened to veto two housing-related bills if passed by Congress, according to

Move, Inc. Expands Advertisers’ Reach Into Hyper-Local Markets With BlockShopper Deal

Move, Inc. announced yesterday it will expand the reach of agents and brokers across the Web down to neighborhood levels through an exclusive agreement with BlockShopper.com, a hyper-local online real estate news and data

NAHB Study: New Homes in 2015 will be Smaller, Greener and More Casual

A recent study by the National Association of Home Builders (NAHB) shows that while consumer hesitation on home buying is waning, the recent housing downturn has changed what Americans are looking for in their next

New CoreLogic Data Shows 23 Percent of Borrowers Underwater

CoreLogic released yesterday negative equity data showing that 11.1 million, or 23.1 percent, of all residential properties with a mortgage were in negative equity at the end of the fourth quarter of 2010, up from 10.8 million, or 22.5

Keller Williams Realty Climbs to No. 2 Franchise in U.S.

Keller Williams Realty Inc., announced yesterday that it is now the second-largest real estate franchise in the United States based on the total number of sales professionals, surpassing Century 21, according to research conducted by REAL Trends. The company

Amidst Lending Overhaul, Bank of America Hosts Investor Meeting at Plaza Hotel

As major financial institutions have received guidance from the federal government pertaining to mortgage regulations, Bank of America is hosting a meeting today at New York City’s Plaza Hotel to present current market strategies to

CLR Says Higher Down Payments will Offset Housing Market

As recent proposals call for homeowners to make ten-to-20 percent down payments on their purchases, the Center for Responsible Lending says this will actually hurt the

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