News / Features
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
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
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
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
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
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
Today, the Federal Housing Administration (FHA) and Fannie Mae announced Green Refinance Plus, a new program which will assist owners of existing affordable apartment buildings in paying for energy efficient
HousingWire.com reported the Department of Housing and Urban Development began a review of its regulations and will continue a periodic review for other rule changes as directed from an executive order from President
Yesterday, at a Senate Banking, Housing and Urban Affairs Committee hearing, National Association of Realtors President, Ron Phipps announced support of comprehensive reform, in order to alter the current model of the secondary mortgage market, said Gamut
State attorneys general announced Tuesday that if a settlement is not reached, some of the nation’s largest banks will face potential liability costs amounting to $17 billion; these potential civil lawsuits have been rendered in regard to improper foreclosure