National News
“Green” and energy-efficient features remain important to homebuyers, though some options are more sought-after than others. That finding came courtesy of NAR’s 2015 Profile of Home Buyers and Sellers, and to parse through the results, we put together the
According to Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 1, 2016, mortgage applications decreased 27 percent from two weeks prior. Refinancing mortgage activity decreased to 55.4 percent of total applications, from 56.1 percent the previous
How will the 2016 housing market take shape? When all the statistics are tallied, 2015 will likely have been the best year for new home sales since 2007, which has raised expectations for 2016. Realtor.com has highlighted five housing trends
Pending home sales in November declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of Realtors. The Pending Home Sales
Atlanta has the most-affordable hot job market, according to a resource set up by Indeed and realtor.com. Sixty-seven percent of homes in Atlanta were considered affordable, and it had the second-highest number of clicks among job searchers looking to relocate. The
Existing-home sales fell more than 10 percent in November, marking the slowest sales pace in 19 months and possibly serving as quantifiable proof of the effect TRID is having on the industry, according to National Association of Realtors Chief
Stagnant wages and high rents combine to push homeownership out of reach for thousands of Atlanta residents More than 570,000 renters in the Atlanta housing market struggle with the cost of housing, according to a new report from the Joint Center of Housing
New home sales are shaping up for their best year since 2007 Sales of new single-family homes in November rose 4.3 percent from October and 9.1 percent from Nov. 2014 to a seasonally adjusted annual rate of 490,000, according
Housing is on a precipice of affordability, according to a new study The Joint Center for Housing Studies of Harvard University has offered some unflinching examinations of the nation’s housing market, particularly in terms of affordability and the growing
Data suggests the young adult homeownership rate is stabilizing After decades of decline, the 25-to-34-year-old homeownership rate has begun to level out, seeing no significant decline in 2014, according to Fannie Mae’s Housing Insights report. That trend, according to
As part of a wider piece of tax legislation, Congress has voted to extended the Mortgage Forgiveness Debt Act to 2017. Originally passed in 2007, the act protects underwater homeowners from incurring tax bills on the debt forgiven during
Where does America’s middle class stand financially? New analysis from the Pew Research Center explains The U.S. middle class, which has long defined the country’s economic prosperity, is no longer the majority of Americans. That eye-grabbing finding came courtesy of
It was a month of thanksgiving for the nation’s homebuilders November offered U.S. homebuilders many reasons to give thanks, with permits, starts and completions all in positive territory. According to the latest report from the U.S. Census Bureau, building
New projections from the country’s Bureau of Labor Statistics forecast big job gains for the construction sector over the next decade and emphasize the growing importance of environmentally conscious building. Over the 10-year period beginning in 2014 and ending
The federal funds rate will rise by 0.25 percent The Federal Reserve announced today that it will raise the federal funds rate, the key interest rate that influences mortgage, auto loans and other forms of financing, by 0.25 percent. Additionally,
One-stop shopping offers benefits to homebuyers, but they still want agents’ help Fifty percent of recent homebuyers used one source, or one-stop shopping (OSS), to procure homebuying services, according to a National Association of Realtors survey. That is compared to 29 percent
