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Industry News From REALTOR® Magazine

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Real Estate Tips, Trends, Data & More
Updated: 17 min 45 sec ago

RE/MAX Files for $100 Million IPO

Tue, 08/20/2013 - 00:00

The company's announcement that it is raising money for an initial public offering is yet another sign that large brokerages are trying to...

Realtor.com® Expands New-Home Offerings

Tue, 08/20/2013 - 00:00

With 20 percent of home buyers showing a preference for new homes, realtor.com® has added new-home plans and communities to its database....

In Gary, Ind., Become a Home Owner for $1

Tue, 08/20/2013 - 00:00

The city of Gary, Ind., is running a real estate fire sale on a dozen homes that were repossessed after the owners became delinquent on their...

White House Begins Installing Solar Panels

Tue, 08/20/2013 - 00:00

The White House is trimming its utility bills by undergoing an "energy retrofit," officials say.

Second Chance for Foreclosed Home Owners

Mon, 08/19/2013 - 00:00

The Federal Housing Administration may soon give home owners who once underwent a bankruptcy, foreclosure, or short sale due to the recession...

All-Cash Sales Dominate Market

Mon, 08/19/2013 - 00:00

More than half of all homes sold last year and in 2013, so far, have been purchased mortgage-free, according to a new report. 

New-Home Market Loses Some Momentum

Mon, 08/19/2013 - 00:00

Single-family housing starts fell to an eight-month low last month, prompting economists to question why new-home construction is still below...

Overheated or Smart Buy? Farm Values Surge

Mon, 08/19/2013 - 00:00

Some analysts are concerned that farmland values are going to plunge, now that commodity prices are dropping. But others say the future still...

Natural Disaster Risk Tied to Mortgage Default

Mon, 08/19/2013 - 00:00

CoreLogic recently created a score for mortgages in areas with higher risk of natural disasters, operating on the theory that such hazards...

Fannie to Change Mortgage Purchasing Practices?

Mon, 08/19/2013 - 00:00

Mortgage giant Fannie Mae might soon limit its purchases of mortgages that require a minimum down payment of 3 percent.

Housing's Top 10 Turnaround Towns

Fri, 08/16/2013 - 00:00

Which U.S. cities are leading the nation's housing recovery? Realtor.com® has released its second quarter rankings—and one of the...

Can Housing Save a Sluggish Economy?

Fri, 08/16/2013 - 00:00

Four years into the recovery, and lackluster economic growth persists. But the housing market is one bright spot that may help change the overall...

Rise in Foreclosures Starts Isolated to a Few States

Fri, 08/16/2013 - 00:00

The projected 490,000 foreclosures nationally this year is a far cry from the peak of 1.05 million foreclosures in 2010. But a few states are...

Builders Gain Optimism in the Recovery

Fri, 08/16/2013 - 00:00

"Builders are seeing more motivated buyers walk through their doors than they have in quite some time," says NAHB’s chairman....

Mortgage Rates Calm—For Now

Fri, 08/16/2013 - 00:00

Average fixed-rate mortgages mostly remained unchanged this week, after bouncing around the last few weeks. But many economists are projecting...

Moderate-Income Workers Struggle to Afford Housing

Fri, 08/16/2013 - 00:00

Housing price increases is good for the overall economy, but the gap between moderate-income family earnings and the cost of housing is widening...

Cops: Duo Pose as Agent, Buyer to Rob Homes

Thu, 08/15/2013 - 00:00

Two women in Houston posing as a real estate agent and a home buyer conned sellers into leaving their homes for showings so the duo could rob...

Most Renters Opt Out of Insurance Coverage

Thu, 08/15/2013 - 00:00

Even though renters insurance is relatively affordable, 65 percent of renters don't purchase coverage, according to the Insurance Information...

Foreclosures Could Reach Lowest Level in 6 Years

Thu, 08/15/2013 - 00:00

Lenders seized 36,964 U.S. homes in July, 31 percent fewer than a year earlier, reports RealtyTrac.

Banks May Ease Lending Standards Soon

Thu, 08/15/2013 - 00:00

With fewer home owners refinancing their mortgages because of rising interest rates, banks may soon relax their lending standards to ramp up...

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