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Industry News From REALTOR® Magazine

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Real Estate Tips, Trends, Data & More
Updated: 29 min 28 sec ago

5 Mistakes First-Time Home Buyers Make

Mon, 07/21/2014 - 00:00

First-timers can be eager to jump into home ownership. But real estate experts say they see them committing the same mistakes, time and time again...

Why the Second Half of 2014 Will Be Better Than the First

Mon, 07/21/2014 - 00:00

The housing market has been sluggish in many markets over the past six months. But here are some signs that the situation may be improving....

Billionaire: Home Ownership Still the Best Investment

Fri, 07/18/2014 - 00:00

"From an individual perspective, the best-deal investment you can make is to buy a primary residence that you're the owner-occupier of,...

Foreclosure Timelines Grow Even Longer

Fri, 07/18/2014 - 00:00

In the second quarter of 2014, the national average time to complete a foreclosure was 577 days — or more than a year and a half.

Mortgage Rates Down Slightly This Week

Fri, 07/18/2014 - 00:00

National averages on fixed-rate mortgages inched down this week, keeping borrowing costs near historic lows, Freddie Mac reports.

New Effort to Reduce Impact of Windstorms

Fri, 07/18/2014 - 00:00

On Monday, the U.S. House passed the National Windstorm...

Dip in Housing Starts: Blame It On the South

Fri, 07/18/2014 - 00:00

Housing production fell 9.3 percent nationwide in June, pulled down by a sharp decline in housing starts in the South. Meanwhile, gains were...

Majority of Home Owners Planning to Renovate

Fri, 07/18/2014 - 00:00

Sixty-seven percent of consumers say they're planning a home renovation within the next six months. Find out which remodeling jobs they're...

Decline in Foreclosures Reaches 'Important Milestone'

Thu, 07/17/2014 - 00:00

"Foreclosures are no longer a widespread contagion threatening to derail the housing market's return to full health," according to a...

Builder Confidence Rises Above Key Benchmark

Thu, 07/17/2014 - 00:00

New-home builders are getting more confident about the single-family market, as signs of strengthening demand abound, according to NAHB.

Pet Amenities the Next Big Thing?

Thu, 07/17/2014 - 00:00

In what is thought to be a first for the homebuilding industry, Standard Pacific Homes is constructing models that offer a pet suite as an...

Report: Middle-Aged Americans Are the Real Problem

Thu, 07/17/2014 - 00:00

It's not news that Millennials are delaying home ownership — but they aren't the group lagging behind the most in the real estate...

10 Cities Where Wages Stretch the Farthest

Thu, 07/17/2014 - 00:00

Surprisingly, workers in higher-cost areas still tend to do better than most, even when taking into account the higher costs for housing and other...

Open Houses Are Strikingly Underutilized

Thu, 07/17/2014 - 00:00

Open houses can generate a lot of buyer traffic for a listing, but they are held for only a small fraction of listings, according to a study by...

Realogy to Acquire ZipRealty for $166M

Wed, 07/16/2014 - 00:00

"The acquisition of ZipRealty represents a strategic investment in the growth of our business,” says the chairman Realogy, a real...

Yellen: Rates May Rise Sooner Than Expected

Wed, 07/16/2014 - 00:00

Federal Reserve Chairwoman Janet Yellen said that the Fed may need to raise interest rates sooner than expected, but it all will hinge on the...

Housing Affordability Continues to Soften as Prices Rise

Wed, 07/16/2014 - 00:00

Rising home prices pushed housing affordability down from last year, making homes a little less affordable to the average family, according to NAR...

Purchase Applications Drop to Lowest Level in 5 Months

Wed, 07/16/2014 - 00:00

Loan demand eased this week, following a large drop in mortgage applications for home purchases, the Mortgage Bankers Association reports.

JPMorgan Treading More Cautiously with Mortgages

Wed, 07/16/2014 - 00:00

The nation’s second largest mortgage lender, JPMorgan Chase & Co., says it’s backing away from issuing mortgages to less...

CFPB Rule Clarified to Help Keep Heirs in Homes

Tue, 07/15/2014 - 00:00

The Consumer Financial Protection Bureau has tweaked a rule that otherwise could have landed the new owners of inherited homes in hot water.

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