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Industry News From REALTOR® Magazine

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Real Estate Tips, Trends, Data & More
Updated: 50 min 40 sec ago

Retirees Reaching for Reverse Mortgages Again

Wed, 03/19/2014 - 00:00

Baby boomers are fueling a resurgence in reverse mortgages, and small lenders are stepping up to meet the need. 

Site Names Top 10 Best Downtowns in U.S.

Wed, 03/19/2014 - 00:00

Fort Worth, Texas, tops the list for having the best downtown in the nation. Find out what other cities have great downtowns, according to...

Dick Clark's "Flintstones" Home Faces Rocky Market

Wed, 03/19/2014 - 00:00

A unique second home owned by the late TV star and New Year's Eve host has seen a second price cut in its two years on the market.

Website Wants Agents to Start Bidding War for Clients

Tue, 03/18/2014 - 00:00

A new site uses a “reverse auction platform” to try to change how customers can find and compare real estate agents, home inspectors,...

NAR Joins Move Lawsuit Against Zillow, Samuelson

Tue, 03/18/2014 - 00:00

Realtor.com® operator Move Inc. has filed a lawsuit against Zillow and former realtor.com® president Errol Samuelson, who unexpectedly...

The Town With the Highest Home Ownership Rate

Tue, 03/18/2014 - 00:00

Find out the list of 10 metro areas with the highest home ownership rates in the country. 

Tough Market? Turn to a Higher Power

Tue, 03/18/2014 - 00:00

A new study suggests that home sellers are more likely to reach for a statue of St. Joseph to help bring the luck of a quick sale when the market...

Modest Gain in Builder Sentiment for Spring

Tue, 03/18/2014 - 00:00

Several factors are raising concerns about meeting demand for the spring buying season, says NAHB’s chief economist.

San Francisco Raises Loan Limits for First-Time Buyers

Tue, 03/18/2014 - 00:00

The city is doubling the amount it will lend to first-time home buyers toward a down payment on their first house or condo — from $100,000...

Predictive Analytics Provider Joins REach™

Mon, 03/17/2014 - 00:00

NAR kicks off the 2014 REach™ class with SmartZip Analytics, a company that provides...

Agent Sniffs Out Tax Error for Home Owners

Mon, 03/17/2014 - 00:00

An Arizona real estate professional uncovered inaccuracies in the square footage listed on 35 homes in a neighborhood, which had caused property...

10 Markets Seeing Greatest Increases in Equity

Mon, 03/17/2014 - 00:00

Even those who bought property at the height of the market are seeing positive equity in their homes, according to a recent NAR report. 

New Website Grades Neighborhood Appeal

Mon, 03/17/2014 - 00:00

Is that an “A+” neighborhood or more like a “B-”? A new website is asking visitors to weigh in.

California Sued for Diverting Housing Funds

Mon, 03/17/2014 - 00:00

Three home owner counseling organizations are accusing the state of California of diverting $369 million in funds to help struggling home owners...

CFPB Ready to Take on 'Zombies'

Mon, 03/17/2014 - 00:00

The Consumer Financial Protection Bureau is targeting "zombie" foreclosures, a growing problem where borrowers may unknowingly still own...

Senate Passes Flood Insurance Bill

Fri, 03/14/2014 - 00:00

The U.S. Senate voted 72-22 yesterday to approve the bipartisan Homeowner Flood Insurance Affordability Act that curtails flood insurance rate...

4 Million Renters Say They’re Eager to Buy

Fri, 03/14/2014 - 00:00

The dream of home ownership remains very much alive: 10 percent of U.S. renters say they want to buy a home in the next year, according to a new...

Justice Dept. Faulted in Mortgage Fraud Probes

Fri, 03/14/2014 - 00:00

A new report accuses the Department of Justice of overstating the success of its mortgage fraud program. 

A Fallout to the Refinancing Bubble?

Fri, 03/14/2014 - 00:00

Home owners who refinanced when fixed mortgage rates inched in record territory below 4 percent may be less likely to sell their homes as interest...

Mortgage Rates Take a Bump Up This Week

Fri, 03/14/2014 - 00:00

The 30-year fixed-rate mortgage edges up to a 4.37 percent average this week, Freddie Mac reports. 

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