National News

Negative Equity Heavily Concentrated in Lower Price Points

Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X mortgage holders are

July Pending Home Sales Offer Pleasant Surprise

Pending home sales rose for the fourth time in five months, according to the National Association of Realtors. Pending home sales rebounded in July, rising 3.3 percent from June according to the latest data from the National Association of

The Limitations of $1 Million in International Real Estate

$1 million sure goes much farther in our local housing market! In our housing market, as well as scores of others across the U.S., $1 million is a hefty sum of money, one that awards potential homebuyers a myriad

Generation X Still Racked by Underwater Mortgages

Though the U.S. has cleared through millions of underwater mortgages, a shocking number of Gen X mortgage holders are still underwater. Seventeen percent of the nation’s homeowners – aka 8.7 million – are still underwater on their mortgages, but

Housing Affordability Returning to Earth

Housing affordability has been one of the key marketing tools in an agent’s arsenal, but that could be changing soon. During housing’s down years, agents had a couple of marvelous talking points to use with potential homebuyers – housing prices

Atlanta Home Prices Show Signs of Slowdown in Case-Shiller

Home prices in the Atlanta region showed signs of slowing down in the latest Case-Shiller. Home prices in the Atlanta metro area rose 8.6 percent year-over-year in June, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s.

5 Points to Help Explain When Millennials Will Start Buying

Homeownership rates in young adults have been dwindling, and Fannie Mae takes a stab at explaining why. Homeownership is on the decline. And though it is a trickling decline and might, at some point in the future, reverse itself, there

The 4 Angles of Today’s New Home Sales Report

New home sales were down monthly and up yearly, but the story is so much deeper than that. By now you’ve surely seen the headlines – though new home sales in July were up 12.3 percent from last year,

The Secret Life of Existing-Home Sales

July’s existing-home sales data looked pretty positive, but scratching beneath the surface reveals a different perspective. It all seems so nice – in July, existing-home sales rose 2.4 percent from June to a seasonally adjusted annual rate of 5.15 million,

Builder Confidence Jumps to Highest Mark Since January

Despite numbers that would imply the contrary, homebuilder confidence continued to increase this month. #82355278 / gettyimages.com Builders were a mighty confident bunch this month, with the NAHB’s Housing Market Index, the industry’s leading measure of homebuilder confidence, rising

Existing-Home Sales Pace Hits Its Stride, Reaches 2014 Peak

NAR’s new existing home-sales report shows the sales pace quickening, inventory rising and distressed sales falling. #180585625 / gettyimages.com As summer temperatures hit their peak in July, so did existing-home sales, which, as the National Association of Realtors today

This is How Important Government Financing is For First-Time Homebuyers

Simply put, without government guarantees, the percentage of first-time homebuyers would be even smaller than it already is. #181215771 / gettyimages.com In June of this year, only 28 percent of existing-home sales went to first-time homebuyers, a historically low

The Secret Reason Why Housing Hasn’t Fully Recovered Yet

New survey data has uncovered the secret reason for why housing has yet to fully recover – though admittedly, it’s a pretty straightforward explanation. #144553105 / gettyimages.com Interest rates remain at historic lows. Home price gains have moderated, and

Immigrants to Play Huge Role in Future Housing Market

Immigrants already play a large role in housing, but that role will only grow more pronounced in the coming years. #118977667 / gettyimages.com Here’s an eye-opening stat for you – from 2010 to 2020, immigrants in the U.S. will

Housing Starts, Driven by Multifamily Sector, Exceed Expectations in July

With a strong multifamily sector driving activity, housing construction put up some fantastic numbers in July. #162749020 / gettyimages.com The homebuilding sector exceeded expectations in July, with housing starts soaring to a seasonally adjusted annual rate of 1.093 million, according

Million-Dollar Loans Surge to Highest Level Ever in 2014

We’ve been reporting for some time that housing is being largely driven by higher-income consumers (while first-time homebuyer numbers stall), but new stats on mortgages in 2014 really drive that trend home. Check out our infographic below for some

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