National News

December Existing-Home Sales Jump

Nationwide existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of

Mansion from The Godfather for Sale

Fictional character Don Vito Corleone’s mansion has been put on the market for $2.9 million. The Tudor-style home is where Francis Ford Coppola’s 1972 iconic film The Godfather was

Builder Confidence Remains Unchanged In January

Despite an encouraging forecast from panelists at the NAHB’s International Builders’ Show last week, a recent survey by the organization reveals that builder confidence at the time remains relatively

FHFA Announces Plan to Find Alternatives for Mortgage Servicing Structures

By Jessica Bollman Fannie Mae and Freddie Mac have been directed to work together along with the Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) to develop an alternative plan for future mortgage

2010: The Year of Not-So-Empty Nesters

By Tom Butala A recent study from the National Association of Realtors shows that the amount of young adults living at home is at its highest level since the early

NAHB Chief Economist: “This Year’s Spring Selling Season Will be Better Than Last Year’s

Housing will see gradual improvements in activity this year as the nation’s economy and job market continue to move to higher ground, establishing momentum that will produce more considerable gains in 2012, according to economists who appeared at the

Home Listings Average More Than Two Price Reductions in December

The number of price-reduced homes on the market this December remained at high levels compared to 2009, rising 23.4 percent according to a report surveying 26 US markets issued by national real estate brokerage,

Trulia Going Global with International Home Search Capabilities

Trulia.com has announced a partnership with ListGlobally, a global property listings firm, to provide Trulia users with the ability to search for homes outside the U.S. Trulia will be ListGlobally’s exclusive partner in the U.S. for international real estate

Record 2.9 Million U.S. Properties Receive Foreclosure Filings in 2010

RealtyTrac released yesterday its Year-End 2010 U.S. Foreclosure Market Report, which shows a total of 3,825,637 foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on a record 2,871,891 U.S. properties in 2010, an increase

The 2011 International Builders’ Show Underway in Florida

By Jessica Bollman The National Association of Home Builders (NAHB) is currently hosting the 2011 International Builders Show at the Orange County Convention Center in Orlando,

Zillow Surfaces Thousands of Real Estate Agent Ratings

Real estate website Zillow.com has today rolled out the ability for homebuyers and sellers to search for and find local real estate agents based on ratings and reviews from former clients.

2010 Top Ten Most Searched Real Estate Markets Released by Realtor.com

Realtor.com has released data showing the ten top-searched real estate markets in 2010. While many real estate markets experienced extraordinary highs and lows in response to tax credits, low interest rates and price swings, consumer interest in real estate

Trulia.com Seeks Mobile Innovation in 2011

After impressive growth in 2010, real estate site Trulia.com will focus increasingly on mobile content in

FHA Issues Guidance for Reverse Mortgage Borrowers

The Federal Housing Administration (FHA) yesterday released guidance to homeowners and lenders that use the reverse mortgage or Home Equity Conversion Mortgage (HECM) program and are dealing with outstanding property taxes and unpaid hazard insurance premiums. FHA’s guidance is

National Pending Home Sales Continue Recovery

Pending home sales rose again in November, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of

Sandra Bullock Named Most Desirable Celebrity Neighbor for 2011

U.S. adults would most like to be neighbors with Sandra Bullock in 2011, according to the fourth annual Zillow Celebrity Neighbor Survey. The survey asked U.S. adults which celebrities and politicians they would most like to be their neighbor,

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