National News
The homeownership rate among minorities continues to increase, but there is still some progress to be made, according to the National Association of Home Builders. The homeownership rate among all minority groups in the second quarter of the year
A panel of 100 real estate economists and industry experts surveyed by Zillow said they don’t expect the U.S. housing market to shift decidedly into a buyers market until at least 2020. According to Zillow’s Q3 Home Price Expectations
Figuring out what new home to purchase includes more than just the house itself. Buyers also look at a number of other factors, including the neighborhood that the house is located in. However, sometimes compromises need to be made
New national home sales figures released by the National Association of Realtors Aug. 29 continue to show a housing market that can’t keep pace with prior years of stellar performance. For the seventh month in a row, NAR reported
Facebook recently announced changes it will be making to its advertising tools after the company was accused of potentially enabling housing discrimination on the platform. Earlier this month, the U.S. Department of Housing and Urban Development filed a discrimination
The U.S. economy grew at its fastest pace in four years during the second quarter of 2018, a reflection of low unemployment and greater willingness among consumers and businesses to spend and invest. According to the latest economic forecast
More home sellers are resorting to price cuts as interest from buyers wanes nationwide. A recent report from Zillow found that starting in June, 14 percent of current home listings reduced their asking prices. While that rate has remained
Existing home sales slowed slightly in July to the slowest pace in more than two years and represented the fifth straight month of declines, according to the latest report from the National Association of Realtors. But demand stayed steady
Trulia is launching a new tool to help buyers, renters and agents learn about an area with their new feature – Trulia Neighborhoods. The new tool, which is available both online and as a mobile app, is a crowdsourced
Homeowners appear to be spending more on maintenance and remodeling projects, reflecting an increasing preference in getting more life out of a home rather than trading up for a new one. According to a report from BuildFax, which aggregates
The U.S. Department of Housing and Urban Development (HUD) filed a discrimination complaint against Facebook Aug. 17. HUD claims that the company violated the Fair Housing Act by allowing landlords and home sellers to target or exclude users from
For those under the age of 24, a career in construction is an unlikely reality and an even rarer goal. According The Wall Street Journal, many parents these days may feel they have failed their child if they do
More Americans are becoming homeowners, particularly young adults. But the homes they are living in are generally older. Data from the U.S. Census Bureau’s most recent American Community Survey showed that in 2016, the median age of all owner-occupied
Two reports on the state of housing finance this week show that mortgage borrowers are still faring well financially despite some recent economic headwinds. The national foreclosure rate reached its lowest point since 2006, according to a report on May
The Department of Housing and Urban Development recently announced that it is looking for public comments regarding plans on “streamlining” the Affirmatively Furthering Fair Housing Rule, an Obama-era rule on desegregation. The rule was designed to help cities and
Updated guidance from the IRS related to federal tax cuts passed at the end of 2017 confirmed that many real estate professionals should be able to claim a substantial income deduction once they file their 2018 tax returns, in
