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Industry News From REALTOR® Magazine

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Real Estate Tips, Trends, Data & More
Updated: 5 min 55 sec ago

Foreclosures on a Free Fall, 66% Below Peak

Wed, 02/11/2015 - 00:00

The steady decline in completed foreclosures is a good sign of healing in the housing market, but pockets of high foreclosure inventories across...

Banks Pay Military for Foreclosure Errors

Wed, 02/11/2015 - 00:00

"Service members should never have to worry about losing their home to an illegal foreclosure while they are serving our country," a...

As Mortgage Rates Inch Up, Applications Fall

Wed, 02/11/2015 - 00:00

Loan demand softened in the latest week as the 30-year mortgage rate rose to its highest level since early January. 

Iowa Students Build $500 House

Tue, 02/10/2015 - 00:00

It's not a typo: To demonstrate sustainable principles, students who hoped for a homebuilding budget of $3,350 brought it in for $489.

REALTORS® See Uptick in Housing Markets

Tue, 02/10/2015 - 00:00

An improving job market, low mortgage rates, and recent moves by the government to loosen up mortgage credit is fueling greater optimism among...

HUD: ‘2015 Is Year of Housing Opportunity’

Tue, 02/10/2015 - 00:00

The easing of credit is opening the door to more home buyers this year, says HUD Secretary Julian Castro.

FHA Considers Loosening Up on Lender Penalties

Tue, 02/10/2015 - 00:00

Many lenders have curtailed the number of FHA loans they’re originating due to fears of huge penalties on loans that go bust. But FHA may be...

New York Hotel to Break Sales Record

Tue, 02/10/2015 - 00:00

It’s proving to already be a good year for the hospitality industry. New York’s Baccarat Hotel isn’t officially open for...

No One Wants This $10 House

Tue, 02/10/2015 - 00:00

A sales price of just $10 still couldn’t save this Chicago house from being razed. 

7 Common Lawn Myths vs. Reality

Tue, 02/10/2015 - 00:00

These tips will help your clients get their lawns in prime shape this Spring.

The Best Seasons to Sell a Home

Mon, 02/09/2015 - 00:00

A new study compares the seasonal sales performance of 7 million homes listed between 2010 through 2014. Find out which season gives your clients...

1 in 4 Foreclosures Are ‘Zombies’

Mon, 02/09/2015 - 00:00

Even in the aftermath of the foreclosure crisis, the housing industry is still haunted by “zombie” properties lingering in the...

FHFA Hints at Aid for Underwater Owners

Mon, 02/09/2015 - 00:00

The director of the Federal Housing Finance Agency says he’s investigating allowing debt cuts for a group of borrowers who owe more than...

REOs Are Fetching Higher Prices

Mon, 02/09/2015 - 00:00

The rise in home prices is helping lenders of REO properties to gross a higher recovery of unpaid balances at sale.

Refinancing Paid Off for Borrowers in 2014

Mon, 02/09/2015 - 00:00

Low mortgage rates have prompted a refinance rush among borrowers, as home owners act to lock in super low rates and cut their monthly mortgage...

Tax Deduction Advice for Your Clients

Mon, 02/09/2015 - 00:00

With tax season approaching, it's good to let your clients know the tax benefits of home ownership.

Safety Alert: More Agents Report Strange Calls

Fri, 02/06/2015 - 00:00

More state REALTOR® associations are warning their members about a flood of suspicious phone calls that real estate agents are receiving from...

Mortgage Rates Fall Again

Fri, 02/06/2015 - 00:00

Average fixed-rate mortgages once again fell back to near 20-month lows, with 30-year fixed rate mortgages well-under 4 percent and 15-year rates...

News Corp Gets Boost From Realtor.com

Fri, 02/06/2015 - 00:00

News Corp’s digital real estate service segments, which now includes realtor.com®, “certainly exceeded our expectations in traffic...

Affordability Still Plagues Many Households

Fri, 02/06/2015 - 00:00

In making rent or paying a mortgage, 52 percent of Americans say they’ve had to make at least one major sacrifice in order to make their...

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