Current Market Data

Limited Inventory Causes March Existing-Home Sales to Decrease

NAR’s latest survey found that existing-home sales decreased in March due to limited inventory, which continued to pressure home prices. Existing-home sales decreased in March due to limited inventory, which continued to pressure home prices, according to the latest

Smoking Damages a Property’s Value by 29 Percent

A new study by Pfizer Canada has uncovered the true cost of smoking – its monetary damages to your real estate listings! Anti-smoking campaigns typically focus on the negative health effects of tobacco, but a new study by Pfizer

April Mortgage Activity At Highest Level Since 2010

The mortgage markets have been on a bumpy ride the last five years; are the latest numbers from the Mortgage Bankers Association, though, a positive sign? Mortgage applications rose 4.8 percent last week to their highest level since May

What Do Owners & Renters Most Regret About their Living Arrangements?

Inevitably, there will be some aspect of one’s living arrangements to regret, but how do the regrets of owners and renters compare? It’s the most unfortunate of situations – a consumer spends the time researching a home purchase or

45 Percent of Homebuyers Choose Lender on Agent Recommendation

The agent/lender relationship is a darned important one, and a new survey highlights just how influential agents are in the creation of that relationship. The relationship between agent and lender is one of the more integral in real estate,

Housing Starts Up 46.7 Percent in March

The construction industry put up some truly stratospheric numbers in March, with multifamily housing pushing starts to their highest level since 2008. Propelled by a surging multifamily housing sector, the construction industry put up its best housing numbers in

Will Rising Interest Rates Threaten Housing Affordability?

Homebuyers have been enjoying some of the highest levels of housing affordability in decades, but will rising interest rates compromise that? The housing downturn has affected quite a few players in the real estate scene, what with its falling

Is Builder Confidence Faltering?

Why is builder confidence in the Housing Market Index faltering, despite prime market conditions for new construction? A new NAHB report explains. Housing inventory is the lowest it’s been since 2005, yet the demand for quality homes (preferably new

Millennial Interest in Homeownership Surges

Millennials are widely expected to spearhead the housing recovery, and a new survey from PulteGroup has highlighted some of the demographic’s key attitudes towards housing. We’ve written quite a bit about millennials the last few months, and for good

FHFA Extends HARP Through 2015

It’s been a bumpy ride for the FHFA, figuring out its HARP program, but with refinancings now in full swing, it has decided to extend the program. In what is surely the most ironic housing development thus far in

Q1 RealtyTrac Foreclosure Report a Mixed Bag

Foreclosure filings fell 23 percent nationally in 2013’s first quarter, but the situation in many local markets offered a more nuanced portrait. Foreclosure filings nationwide declined in RealtyTrac’s latest U.S. Foreclosure Market Report, though unsurprisingly, the situation was a

Zillow, Trulia Market Share Up in 2013

New data from Experian on real estate Web traffic finds the previous kings of the Internet increasing their market share in 2013. The top real estate websites around have continued to increase their share of the Web traffic pie

20 Percent of Lenders Expect Standards to Relax

Lending standards remain a definite thorn in the side of the housing recovery, but the latest quarterly survey from FICO/PRMIA offered glimmers of hope. Earlier in the year, CoreLogic completed a study of the nation’s mortgage markets, and it

What's Going On With The Rental Market, in 3 Easy Steps

The rental markets are enjoying their greatest prosperity in years; why, then, do the latest numbers from Reis look so darn underwhelming? On first glance, the multifamily housing market in the U.S. in pretty good shape; in fact, it’s

Housing Market Attitudes Stay Positive, According to Fannie Mae Survey

Housing market attitudes remain optimistic in this recovery process, according to Fannie Mae’s March 2013 National Housing Survey results. Even though more Americans are pessimistic about their personal finances and the economy, they continue to remain positive about the

Americans Are Movin' Out

The rate at which Americans moved to new residents plummeted during the housing downturn, but a new survey from Mayflower suggest a turnaround. Bill Joel’s classic number “Movin’ Out” may date back to 1977, but the timeless tune serves

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