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Industry News From REALTOR® Magazine

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Real Estate Tips, Trends, Data & More
Updated: 52 min 46 sec ago

Freddie Mac Posts $5 Billion Profit

Thu, 08/08/2013 - 00:00

Reporting its second-largest profit ever, the mortgage giant says it will use some of its cash flow to pay down its debt to taxpayers.

Real Estate Sweetens Washington Post Deal

Thu, 08/08/2013 - 00:00

Amazon CEO Jeff Bezos is getting a lot of real estate in his purchase of The Washington Post — and it may be worth even more than the...

Obama Urges Access to 30-Year Fixed-Rate Mortgage

Wed, 08/07/2013 - 00:00

The president placed home ownership and the 30-year fixed-rate mortgage at the center of his economic speech yesterday.

CoreLogic: Rapid Rise in Home Prices 'Remarkable'

Wed, 08/07/2013 - 00:00

During the first six months of this year, home prices jumped 10 percent, the fastest pace in 36 years, CoreLogic reports. 

Improving Housing Market List Drops 11 Metros

Wed, 08/07/2013 - 00:00

A housing index that tracks improving housing markets showed signs of cooling this month.

Housing Problems Among Top Consumer Gripes

Wed, 08/07/2013 - 00:00

What has customers so upset? Six of the top 10 consumer complaints revolve around the housing sector, according to a new customer survey. 

Survey Tracks Where Closing Costs Are Highest, Lowest

Wed, 08/07/2013 - 00:00

Closing costs can add up. Here’s where home shoppers can expect to pay the highest and lowest in closing costs. 

Mortgage Applications Rebound Despite Higher Rates

Wed, 08/07/2013 - 00:00

Rising mortgage rates didn’t stall loan demand last week. 

National Mortgage Delinquency Rate Plummets

Tue, 08/06/2013 - 00:00

Every state and the District of Columbia saw a dip in mortgage delinquencies in the second quarter, with some posting double-digit drops,...

Survey: Smartphone Trade-Ins Lessening Loyalty to Carriers

Tue, 08/06/2013 - 00:00

More smartphone users say they will consider switching carriers for a better trade-in value on mobile devices, according to the NPD Group.

Obama to Support 30-Year Mortgage in Speech

Tue, 08/06/2013 - 00:00

President Barack Obama is making it clear in his housing-focused economic speech today in Phoenix that he envisions the 30-year fixed-rate...

Slowdown in Construction? Blame Rising Rates

Tue, 08/06/2013 - 00:00

The slowdown in new construction orders last quarter and in July can be mostly attributed to rising mortgage rates, home builders say. But they...

Are Some Housing Markets Overheating?

Tue, 08/06/2013 - 00:00

Nearly 90 percent of U.S. housing markets are expected to see price appreciation in the next year, but some housing markets are seeing more...

Home Buyers Face Higher Closing Costs

Tue, 08/06/2013 - 00:00

Even borrowers with stellar credit who are making a 20 percent down payment are forking over more money at closing time.

IPOs Helping Builders in 'Biggest' Rankings

Mon, 08/05/2013 - 00:00

The increased presence of builders on the stock market has the potential to reorder the rankings of who’s the “biggest,” and...

How to Identify a Healthy Housing Market

Mon, 08/05/2013 - 00:00

Real estate agents can take cues from a Houston-based consulting firm to learn how to gauge the health of residential markets across U.S. metro...

Illinois Weighs Home Fire Sprinkler Mandate

Mon, 08/05/2013 - 00:00

The plan would make fire sprinklers mandatory in all new single-family and two-family homes, but builders say such a mandate could be costly to...

Man to Stand Trial for Kidnapping Agent

Mon, 08/05/2013 - 00:00

A judge threw out the man’s plea of “no contest” on charges of kidnapping a real estate professional, and the man will now stand...

Brokerage Allows Sellers to Pre-Test Prices

Mon, 08/05/2013 - 00:00

Redfin has launched a new service called the “price whisperer” that allows home owners to get feedback on a price for their home...

Buy-to-Rent Market Predicted to Expand

Mon, 08/05/2013 - 00:00

Morgan Stanley analysts say that the buy-to-rent market will grow from $17 billion today to more than $100 billion in the next several years.

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