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Industry News From REALTOR® Magazine

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Real Estate Tips, Trends, Data & More
Updated: 25 min 9 sec ago

With Tight Inventory, Prices Only Going Up From Here

Thu, 11/21/2013 - 00:00

A low number of homes for sale is pushing home prices up to double-digit gains year-over-year, the National Association of REALTORS® reports...

Fannie Targeted for Pitfalls in Short Sales

Thu, 11/21/2013 - 00:00

The Office of Inspector General is recommending more oversight of Fannie Mae’s short-sale approvals after discovering that it's not...

'Resurgent Housing Sector' to Lead 2014 Economic Recovery

Wed, 11/20/2013 - 00:00

Freddie Mac economists predict that a much stronger economic recovery will take hold in 2014, with a strengthening housing recovery expected to...

NAR Urges Home Owner Relief on Flood Insurance Spikes

Wed, 11/20/2013 - 00:00

“No one could have imagined rate increases of this magnitude,” which some home owners across the country are blaming for falling home...

Home Remodeling Posts Strongest Growth in Years

Wed, 11/20/2013 - 00:00

More home owners are sprucing up their homes, with home remodeling projects surging 14 percent over year-ago levels. 

JPMorgan Reaches Record $13B Deal with Gov't

Wed, 11/20/2013 - 00:00

The record-breaking settlement over toxic mortgages marks the largest government settlement ever paid by a single U.S. company. 

Mortgage Applications for Home Purchases Climb 6%

Wed, 11/20/2013 - 00:00

Mortgage applications for home purchases, viewed as one of the leading gauges of future homebuying activity, rose to its highest level since...

States Where Foreclosure Rates Remain High

Tue, 11/19/2013 - 00:00

The areas experiencing the highest foreclosure rates tend to be judicial states, which are prone to delays in the foreclosure process.

5 Lenders Boasting Highest Customer Satisfaction

Tue, 11/19/2013 - 00:00

J.D. Power releases the results of its 2013 survey showing the mortgage lenders that customers rank the highest.

Builders: Congress to Blame for Market Unease

Tue, 11/19/2013 - 00:00

"Policy and economic uncertainty is undermining consumer confidence," says NAHB.

Hispanics Took Biggest Hit in Recession

Tue, 11/19/2013 - 00:00

Hispanics faced the biggest decrease in household wealth compared to any other demographic group during the recession and housing crash, surveys...

Clients’ Cash Deposits Can Delay Closing

Tue, 11/19/2013 - 00:00

Home buyers who make cash deposits to their checking accounts that don't come from payroll checks or income tax refunds during the processing...

Eminent Domain Battles Brew Again

Mon, 11/18/2013 - 00:00

Despite threats of backlash, more cities are considering a controversial plan to use their eminent domain powers to seize underwater mortgages....

Home Repossessions Fall as Investors Step In

Mon, 11/18/2013 - 00:00

With an improving housing market, “investors are back in the game,” says the vice president of RealtyTrac. 

Great Recession Kept Us Local

Mon, 11/18/2013 - 00:00

Unlike social and economic upheavals of the past, Americans reacted to the recession largely by staying put.

Buy This Home, Get a Free Rolls Royce

Mon, 11/18/2013 - 00:00

The listing agent for an estate in Boca Raton, Fla. is offering up a free, limited-edition Rolls Royce to help drum up potential buyers for the...

Weak Household Formation Hampers Recovery

Mon, 11/18/2013 - 00:00

The latest Census data shows that only about 380,000 new households formed in the last 12 months—a small fraction of the norm.

Lenders Loosen Down Payment Requirements

Mon, 11/18/2013 - 00:00

Lenders' tight underwriting standards have been blamed for sidelining many potential home buyers the last few years, but things may be...

‘Perfect Storm’ Dampens Housing Affordability

Fri, 11/15/2013 - 00:00

Rising home values and mortgage rates are putting home affordability out of reach for more families. 

Census: Big Cities’ Home Values Fared Worse in Recession

Fri, 11/15/2013 - 00:00

The largest metros in the nation saw some of the biggest hits to median home values post-recession compared to smaller counties, a new report...

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