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Industry News From REALTOR® Magazine

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Updated: 42 min 51 sec ago

Fed: By End of 2014, Stimulus Will Be Over

Thu, 12/19/2013 - 00:00

The Fed’s bond-buying program has helped keep interest rates low, but it said this week that it’s time for the program to come to a...

3 Companies Fined $1.1B for Decades-Old Lead-Paint Work

Thu, 12/19/2013 - 00:00

The California Supreme Court is ordering three paint companies to clean up hazards from lead paint used decades ago in hundreds of thousands of...

Many Borrowers Facing Higher Mortgage Costs Next Year

Thu, 12/19/2013 - 00:00

Borrowers will likely see an increase in mortgage costs next spring, particularly those who don’t have a sizable down payment or have less-...

New-Home Construction Hits Fastest Pace in 5 Years

Thu, 12/19/2013 - 00:00

Construction of single-family homes and apartments in November rose to a seasonally adjusted annual rate of 1.09 million, a 23 percent increase...

Going Green Can Pay Off Big for Commercial

Wed, 12/18/2013 - 00:00

The Natural Resources Defense Council released a report this month that details the benefits that green infrastructure can contribute to...

Going Green Can Pay Off Big for Commercial

Wed, 12/18/2013 - 00:00

The Natural Resources Defense Council released a report this month that details the benefits that green infrastructure can contribute to...

Home Owners Stand to Recapture More Equity in 2014

Wed, 12/18/2013 - 00:00

A rebound in consumer confidence and economic growth in the new year should allow more home owners to escape the “negative equity trap,...

MBA: Loan Demand Drops to Lowest Level in Years

Wed, 12/18/2013 - 00:00

Mortgage applications have dropped for six out of the past seven weeks, according to the Mortgage Bankers Association’s seasonally adjusted...

Home Builders End the Year More Upbeat

Wed, 12/18/2013 - 00:00

Home builders are increasingly optimistic about the single-family home market, particularly over current sales conditions, sales expectations, and...

Another Seller Lists Home in Virtual Currency

Wed, 12/18/2013 - 00:00

Could the use of the online currency bitcoins become a growing trend in real estate transactions? 

Billionaire's Real Estate Buying Spree Catches On in Detroit

Wed, 12/18/2013 - 00:00

The "Dan Gilbert effect" is spreading across downtown Detroit, The Wall Street Journal reports. 

Farmville Comes to Subdivisions

Wed, 12/18/2013 - 00:00

A Fort Collins, Colo., suburb is being designed around a working farm that includes chicken coops and livestock pens, and other home developers...

Blackstone Becomes Lender to Smaller Investors

Tue, 12/17/2013 - 00:00

The company, a giant investor in the single-family rental market, has introduced a lending program to help smaller investors jump in.

No Takers at Auction of Michael Jordan's Mansion

Tue, 12/17/2013 - 00:00

Michael Jordan’s Chicago-area home failed to sell at auction this week after bidders on the 56,000-square-foot mansion didn't meet the...

FHFA Turns to Public for Advice on Loan Limits

Tue, 12/17/2013 - 00:00

The Federal Housing Finance Agency is inviting the public to comment on a new proposal aimed at reducing Fannie Mae and Freddie Mac’s...

Multigenerational Households a Lasting Trend?

Tue, 12/17/2013 - 00:00

The recession sparked a wave in multigenerational households, but as the economy has improved, researchers are taking note that many of the...

Move Inc. Pulls Realtor.com® Listings from AOL

Tue, 12/17/2013 - 00:00

The San Jose, Calif.-based company that operates realtor.com® has announced that it is ending its agreement to surface realtor.com®...

Economists: Growth in Home Prices Will Slow by Half in 2014

Tue, 12/17/2013 - 00:00

Economists are predicting housing prices to continue to rise next year — but only at about half the rate that they did in 2013.

Where Energy Bills are Highest

Mon, 12/16/2013 - 00:00

The average monthly electric bill was $107.28 last year, but in some states homeowners are paying nearly twice that number.

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