News / Features

Obama Nominates Martin Gruenberg to Replace Sheila Bair in July

Martin Gruenberg, current vice chairman of the Federal Deposit Insurance Corp., is expected to replace current chair of the regulator, Sheila Bair at the completion of her term on July 8, due to a nomination from Obama said Housing

Green Construction Trends Continue to Grow

Green building trends in housing construction and remodeling are growing, and will only continue to increase in the future. According to Housing Wire, Harvey Bernstein, vice president, industry insights and alliances, McGraw-Hill Construction, noted that in 2010, a third

Home Data Index Report Forecasts Long-Term Stabilization

Clear Capital’s monthly Home Data Index Market Report was released today, with the current results demonstrating that quarterly U.S. home prices decreased 2.3 percent; however, this is a sign of improvement in light of last month’s report marking a

Analysts Weigh in on Likelihood of Mortgage Giants Reimbursing Government Investments

In 2008, Fannie Mae and Freddie Mac received $164.4 billion from the Treasury Department; the mortgage giants pay a 10 percent dividend each quarter-leading to a first quarter payment of $12.4 billion from Fannie, and a $11.6 billion payment

Houston Boasts Job Growth and Affordability on the Way to Recovery

As many cities struggle to overcome the recession, Houston seems to be slowly making their way toward recovery – with many aspects of its economy showing positive

Strengthening Listing Prices in 16 Major Cities

Movoto statistics from May show that listing prices rose 2.5 percent since April in 16 major metropolitan areas, establishing an average median listing price of $246,000; inventory for May was also on the rise, with the market acquiring an

Mortgage Applications Down, Refinancing Up

In the continually unpredictable market, mortgage applications fell .04 percent in the beginning of June/end of May, said Housing

Lawmakers Worry About Impact of Proposal

Any adjustments in real estate will impact the sensitive market, but some real estate professionals worry that the widely debated QRM proposal, which requires 20 percent down on all mortgages, will be “detrimental to the housing sector,” said Agent

Study Highlights Pros and Cons of Affordability

“State of the Housing Market,” a report from Harvard University’s Joint Center of Housing Studies showed that 70.8 million Americans can afford a mortgage today, an increase from the amount that could four years

NAHB Estimates Impact of Lowered Mortgage Loan Limits

Due to enforcement of upcoming laws, mortgage loan limits will be reduced for Fannie Mae, Freddie Mac and the Federal Housing Administration in October 2011, according to National Association of Home

Real Estate Recession Continues to Lower the Average Income for Agents

A Realtors’ median income for 2010 was $34,100 last year, a four-and-a-half percent drop from the previous 3 percent decline from 2009, said United Press

Alliance Agreement Signed: Unification in the Works

Real estate organizations, FIABCI and ICREA signed an agreement of alliance at last week’s ICREA board meetings in Berlin, seeking to “optimize the combined strength of the two groups and maximize the benefits for the professional real estate community

Reduced Loan Limits, Analysts Expect Little Impact on Market

The Federal Housing Finance Agency raised conforming loan limits in February of 2008, but now they are expected to cut back; the agency is discussing reducing loan limits on mortgages guaranteed by Fannie Mae and Freddie Mac in an

On Average, Agents Work More Hours for Less Money

According to Agent Genius, data from NAR shows the average real estate agent — residential and commercial — had eight transactions in 2010. Despite the number of transactions being less than one per month, the good news is this

NAR Finds 90 Percent of Realtors Don’t Blog

The 2011 NAR Member Guide reports that nearly two thirds of all Realtors have had a website for at least five years. Of that number, half use social media and only 10 percent blog on a daily

Missed Opportunies – Study Reveals that 75 Percent of Web-Based Leads are Lost

A secret shopping effort from One Cavo and PCMS Consulting revealed that approximately 75 percent of web-based leads are either ignored or receiving late responses, resulting in lost leads, said RIS

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