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Industry News From REALTOR® Magazine

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Real Estate Tips, Trends, Data & More
Updated: 14 min 37 sec ago

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.

How to Match Your Clients' Cultural Preferences

Tue, 07/15/2014 - 00:00

Real estate agents need to understand the difference between how men and women communicate, but where they come from can have an impact on your...

8 Top New-Home Markets Luring Millennials

Tue, 07/15/2014 - 00:00

Many housing analysts are banking on Millennials to drive the housing recovery, but their presence in the real estate market has remained sluggish...

Glut of Abandoned Homes Still Plagues Cities

Tue, 07/15/2014 - 00:00

Home owners are continuing to abandon properties that sit in foreclosure limbo, a reminder to many communities that the foreclosure crisis hasn...

Study: Multifamily in for Long-Term Shortage

Tue, 07/15/2014 - 00:00

Rejuvenating the nation's aging rental-housing stock will be key to meeting the rising demand of rentals in the future, says a researcher with...

3 Reasons Buyers, Sellers Need You

Tue, 07/15/2014 - 00:00

A large percentage of Americans say they could buy or sell without the help of a real estate agent — but they still used a practitioner when...

Despite Predictions, Baby Boomers Aren’t Downsizing Yet

Tue, 07/15/2014 - 00:00

As boomers hit age 65 and become empty nesters, many housing analysts forecasted that they would move into an apartment, condo, or townhouse. But...

Why Low Rates Aren't Always Good for Housing

Mon, 07/14/2014 - 00:00

Mortgage rates are near historic lows, which is great news for home owners and buyers. But the situation could prove to be a big thorn in the side...

New Campaign Stresses REALTOR® Value Online

Mon, 07/14/2014 - 00:00

NAR's new "Real People" ad aims to reinforce the REALTOR® brand with consumers, explaining how buying a home is nothing ...

LeBron James' Return: A Win for Cleveland's Housing Market?

Mon, 07/14/2014 - 00:00

The NBA star says returning to his hometown is about much more than just basketball. 

Farmland Boom Shows Signs of Cooling

Mon, 07/14/2014 - 00:00

Following double-digit rates of appreciation, agricultural land prices may soften in the coming months. Find out why corn is to blame. 

Brokerage Giant Warns Agents Against Drones

Mon, 07/14/2014 - 00:00

NRT, the nation’s largest residential real estate brokerage company, issued a call asking members to stop flying drones and using drone...

Wells Fargo Tops Profit Expectations

Mon, 07/14/2014 - 00:00

The nation’s largest mortgage lender saw a 3.8 percent increase in second quarter profits, which executives attributed to positive signs in...

The Return of the First-Time Home Buyer?

Fri, 07/11/2014 - 00:00

More millennials are moving out on their own, new studies suggest. Will the share of first-time buyers soon revert back to more normal levels?...

More Chinese Buyers Coming to America

Fri, 07/11/2014 - 00:00

Watch the California housing market, in particular, economists say. “It’s just the beginning of a tidal wave,” says NAR’s...

10 Fast-Moving Housing Markets

Fri, 07/11/2014 - 00:00

In some metro areas out West, homes are selling in less than a month.

Mortgage Rates Post Slight Bump Up This Week

Fri, 07/11/2014 - 00:00

Still, borrowing costs from mortgage rates are averaging lower than last year at this time. 

Report: Hurricanes Could Put 6.5 Million U.S. Homes at Risk

Fri, 07/11/2014 - 00:00

“This exposure could constitute significant risk for home owners and financial services companies, as many at-risk homes lack protection...

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