National News

And the Nation's Top 10 New Construction Markets Are…

No industry was more affected by the housing slump than construction, but 10 markets in the U.S. have robust construction markets; is Chicago one of them? Though nearly every industry in the U.S. was impacted by the economic downturn,

4 Things We Learned From Last Week's Existing-Home Sales Report

NAR’s existing-home sales report for May, which came out last week, offered a very interesting glimpse at where housing is right now in its recovery. Last week’s existing-home sales report from the National Association of Realtors was a smorgasbord

4 Things We Learned From Last Week’s Existing-Home Sales Report

NAR’s existing-home sales report for May, which came out last week, offered a very interesting glimpse at where housing is right now in its recovery. Last week’s existing-home sales report from the National Association of Realtors was a smorgasbord

Boomerang Buyers Find Savings with Distressed Homes

According to Best Rate Home Loans, many metro areas, including Chicago, Miami and Boston, are outweighing the national market in their offerings of discounts on foreclosed homes. This comes at a time when the economy and housing market are returning

Existing-Home Sales Rise 4.2%, but Do Price Increases Pose Problems?

Though NAR’s latest existing-home sales report was, for all intents and purposes, quite positive, it reaffirmed that problems lie with inventory and prices. The latest existing-home sales report from the National Association of Realtors (NAR) was quite positive, with

Census Bureau: Housing Starts Soar 28.6 Percent in May

May was another sterling month for new construction, with housing starts rising by nearly 30 percent from the year before. The U.S.’ new construction marketplace continued to recover in May, with housing starts rising 28.6 percent year-over-year to a

NAHREP Officer Installation 5.16.13

The National Association of Hispanic Real Estate Professionals (NAHREP) installed several new members to its board of directors. It was held at the clubhouse in Oak

Builder Confidence Hits Major Milestone in June

The National Association of Home Builders’ Housing Market Index hit a major milestone in June, passing the holy 50 threshold. June was a banner month for homebuilders, with the National Association of Home Builders’ Housing Market Index, the key

Young Americans Interested in Homebuying, Men More Likely Than Women

The latest Mortgage Marvel survey revealed that young Americans are interested in homebuying this year, and men are more likely to show interest than women. Even though mortgage rates increasing, it is not stopping young Americans from expressing an

Despite Mortgage Rates Increasing, Buying is Cheaper Than Renting

Mortgage rates may have increased by 0.5 percentage points percent in the past month, but buying a home is still less expensive than renting. Even though there has been a recent increase in mortgage rates (the 30-year fixed rate over

One in Six Americans Moved in the Last Year

According to self-storage marketplace SpareFoot, over the past 12 months, one in six Americans moved homes, with 57 percent relocating within 25 miles. The most common reason for relocation was to move into a bigger or better home (18

Do Attractive Agents Perform Better Than the Rest?

The classic phrase may go that beauty is only skin deep, but new research finds that skin deep may leave enough room to reap considerable benefits in the world of real estate. According to a new study conducted by

Economic Growth Expected to Gradually Increase This Year

The economic growth we’ve seen this year shows a slow but upward recovery in housing, exceeding the expectations of economists Economic growth is expected to gradually increase in the second half of 2013 and into 2014, according to the

Negative Equity Improves by Leaps and Bounds in U.S.

The negative equity situation continued to improve by wide margins in the U.S. housing market, according to CoreLogic’s latest research. The U.S. housing market’s equity situation continued to improve in 2013’s first quarter, with roughly 850,000 homes returning to

Don't Fret – Rising Mortgage Rates are NOT the End the World

Though some headlines on rising mortgage rates have bared apocalyptic overtones, the housing market has some room to spare on rate increases. Mortgage have ticked up in recent weeks, and already, the doomsday headlines (many of them broadcasting the

Don’t Fret – Rising Mortgage Rates are NOT the End the World

Though some headlines on rising mortgage rates have bared apocalyptic overtones, the housing market has some room to spare on rate increases. Mortgage have ticked up in recent weeks, and already, the doomsday headlines (many of them broadcasting the

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