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Industry News From REALTOR® Magazine

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Real Estate Tips, Trends, Data & More
Updated: 52 min 23 sec ago

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...

Are Millennials Ready for Home Ownership?

Thu, 08/15/2013 - 00:00

Twenty-somethings say they want to buy a home, but they recognize that it will likely take them longer to achieve.

More Buyers Becoming Wary of Short Sales

Thu, 08/15/2013 - 00:00

Home buyers once saw short sales as big bargains, but their appeal has fizzled in some parts of the country — so much so that some real...

Well, You Don't Need a Big Moving Van

Wed, 08/14/2013 - 00:00

Affluent foreign buyers are seeking not only luxurious digs but also the furnishings and fixtures in a quest for an easy transition to U.S. living...

Inventory Crunch Over? More Homes Are For Sale

Tue, 08/13/2013 - 00:00

Could the severe inventory shortages that have plagued many markets the last few months be nearing an end? 

Housing Affordability Getting More Out of Reach?

Tue, 08/13/2013 - 00:00

Rising home prices and mortgage rates mixed with stagnant incomes may be putting home ownership more out of reach for the average home buyer.

Groups to Study Asian-American Home Ownership Rates

Tue, 08/13/2013 - 00:00

Asian immigrants are expected to be a “large source of future housing demand,” according to REALTOR® University and a trade group...

Rising Rates, Prices May be Scaring Off Some Buyers

Tue, 08/13/2013 - 00:00

Buyer demand is showing signs of softening in the housing market since peaking in April, according to a new report.

4 Exterior Areas to Not Neglect for Home Showings

Tue, 08/13/2013 - 00:00

A home’s outdoor space will set the first impression to prospective home buyers. Make sure you take note of these four areas. 

How Long is Too Long to Live at Home?

Tue, 08/13/2013 - 00:00

Younger parents are more forgiving than older parents of adult kids living at home after college, a Coldwell Banker Real Estate study finds.

Scammer Uses Fake Rental Ad to Dupe Clients

Mon, 08/12/2013 - 00:00

New Orleans police say a man pretending to be a real estate agent conned at least four people into giving security deposits to rent out a property...

Even the Wealthy Getting Rejected for Loans

Mon, 08/12/2013 - 00:00

Having millions of dollars in assets and a high credit score doesn’t necessarily guarantee you approval for a home loan, particularly if...

Repeat Buyers: Backbone of Housing Recovery

Mon, 08/12/2013 - 00:00

Research shows that the ranks of repeat home buyers are increasing and making up for the dwindling numbers of first-time buyers.