News / Features
May brought some good news for the housing industry, with RE/MAX’s May housing report finding a 3.3 percent increase from April’s numbers, in closed transactions and a 3.7 percent price increase, according to Housing
A new study from National Association of Home Builders found that approximately 71 percent of the 2,000 voters supported the mortgage interest deduction, according to National Mortgage
With strong job growth in Houston, developers including Centex, Taylor Morrison Homes and Coventry Development are setting their sights on a locally anticipated recovery, as they move ahead in construction
In an effort to embrace trending preferences toward the use of the internet, real estate professionals have increased their online marketing budgets by 27 percent, according to Real
With fluctuations in the housing market, many may assume that brokers’ salaries are also booming and busting depending on sales; however, Real Trends found that average commissions jumped from low levels of 5.02 percent in 2005 to 5.40 percent
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 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
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
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
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
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
In the continually unpredictable market, mortgage applications fell .04 percent in the beginning of June/end of May, said Housing
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
“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
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
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