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Industry News From REALTOR® Magazine

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Real Estate Tips, Trends, Data & More
Updated: 16 min 25 sec ago

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.

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...