News / Features
The two major price indices of the Case-Shiller, the 10- and 20-City Composites, showed annual declines of 3.6 percent and 3.5 percent, respectively, which brought the indices to new post-bubble lows. The declines, though, were less than in January, when
Numerous reality television shows spotlighting renovation nightmares have popped up in recent years, and some are questioning their impact on potential homebuyers. Displaying the ugly side of buying a beautiful home, several of the shows were highlighted in a recent article
Buyers have been on the hunt for once-in-a-lifetime deals in recent months, but an ad hoc index from The Washington Post suggests that strategy may no longer fly. Dubbing its approach the “low-ball index,” the Post looked at the number
U.S. News just released its Best Business Jobs list, and real estate agents, boosted by new BLS stats, ranked quite highly in the list. According to U.S. News, over the next few years, businesses in the U.S. are on track to
Housing inventory declined yet again in March, and real estate analysts are debating its implications for the wider housing market. Based on the latest numbers from the National Association of Realtors (NAR), inventory declined from 2.40 million in February
Multifamily real estate was one of the big surprises of 2011, and analysts are expecting big things of the sector in 2012. Fannie, the largest single participant in multifamily mortgage debt, is anticipating a 30 percent jump in multifamily
Despite slower economic activity, Fannie Mae’s Economic & Strategic Research Group still forecasted positive developments in its latest projections. The economy grew at an annualized rate of 3.0 percent in 2011’s fourth quarter, and Fannie anticipates it will grow by
Texas agents are investing in the real estate profession with a state-wide roll out of Texas Realtors University. According to PR Newswire, the new model is designed to boost agent preparedness and industry professionalism. The association plans to “bridge
Realtors are an increasingly confident bunch, according to new results from NAR’s expansive Realtors Confidence Index Report. Co-authored by Jed Smith, the association’s managing director of quantitative research, and George Ratiu, the manager of quantitative and commercial research the report looked at
Existing-home sales were in March maintained year-over-year increases, according to new data from the National Association of Realtors (NAR). Total existing-home sales, which includes the completed transactions of single-family homes, townhouses, co-ops and condos, increased 5.2 percent above the 4.26 million in March
The Architecture Billings Index (ABI), one of the leading economic indicators of future construction activity, reported positive numbers yet again in March. The fifth straight month that the index has been in positive territory, the ABI finished the month at 50.4,
Houston’s real estate market enjoyed yet another positive month in March, with home sales rising 7.8 percent
In private comments overheard by reporters, Republican presidential candidate Mitt Romney floated the idea of eliminating the Department of Housing and Urban Development (HUD). According to the Washington Post, Romney made his comments at a private fundraiser amidst a
A recent surge in short sales, caused by more agreeable selling terms by banks, has increased short sales above foreclosure sales for the first time. According to research by Lending Processing Services (LPS), short sales accounted for 23.9 percent
Prices for homes in the nation’s 53 largest metropolitan areas were up 5.8 percent year-over-year in March, according to research by RE/MAX. The increase marks the second straight month of yearly increases for home values; before February, prices had
Building permits continued their strong performance in March in the latest construction data from the U.S. Census Bureau. Released in conjunction with the Department of Housing and Urban Development, the report found that building permits in March were at