Low housing inventories in many markets have sparked bidding wars that have pushed home prices up higher than recent comparable sales. But low appraisals then threaten to derail the deals, agents say.
The large increase in housing starts to 894,000 indicates progress towards stable overall vacancy rates, but further increase is needed, to 1.3 million, to reach that stability.
Subhi Gharbieh reflects on NAR Annual and what it takes to be a YPN Network of the Year.
Sales are being driven by strengthening fundamentals—the improving jobs picture, rising rental rates, continuing low interest rates and housing affordability—and prices are gaining on reduced supply.
Color psychologists suggest that the color of the front door can make a powerful statement about the home or the owner. Here's what they say the different front door hues can mean.
Donald Trump has launched a luxury residential real estate firm, his first leap into real estate sales beyond the Trump organization's own properties.
The Obama Administration is expected to seek an additional $4.025 billion for the National Flood Insurance Program (NFIP), which currently has borrowed $20.775 billion.
Facing a $16.4 billion deficit, FHA is looking for ways to make up the shortfall by raising premiums on loans it guarantees next year for borrowers.
The inventory of for-sale homes remains at historic lows, but the recovery may be slowing with the rise in median listing prices tapering off, according to the latest housing data release from Realtor.com.
2012 marked the 12th year members of NAR have participated in a Habitat for Humanity build during the REALTORS® Conference & Expo.