In July, single-family new-home sales dropped to their lowest level in nine months. Economists blame the recent surge in mortgage rates.
Smoking can reduce a home's resale value by 20 percent, a recent study finds. And 88% of agents surveyed say it's more difficult to sell a home where the residents were smokers.
Shadow inventories — homes at risk of default that have yet to hit the market — posted the largest quarter-over-quarter decline since the housing crisis began, says Compass Point Research & Trading.
The number of mortgage fraud cases dropped in 2012 — the first decline since the U.S. Treasury Department began tracking fraud in 2002.
The National Association of REALTORS® today is asking its members to let their senators know that real estate tax provisions are critical to the economy and should remain high on lawmakers’ priority list as they take a blank slate approach to tax reform.