National News

April Construction Spending Up 4.3 Percent

Construction spending in April rose 4.3 percent from the year before, though residential construction was a bit more tepid by comparison. April was another solid month for construction spending in the U.S. economy, with overall construction spending for the

Has Housing Inventory Finally Bottomed?

Housing inventory has fallen precipitously the last couple years, but has it finally bottom now in 2013? It’s the question on everyone’s mind nowadays – when will housing inventory finally stop falling? Indeed, low housing inventory levels have wreaked

Studies Say Buying Makes More Financial Sense Than Renting

Buying a home has become more manageable and expected to stay this way for 30 more years The latest studies are showing that buying makes more sense financially than renting, according to the KCM Blog. The latest Existing-Home Sales

Pending Home Sales Reach Post-Bubble Milestone

The Pending Home Sales Index was up more than 10 percent in April, rising to its highest mark since the expiration of the first-time homebuyer tax credit. April was a solid month for pending home sales, with the Pending

Do Women in Real Estate Earn 40% Less Than Men?

The “wage gap” is among the more prominent topics in gender equality, and new Census Bureau numbers suggest real estate has an issue with the topic. The “wage gap,” which addresses the difference in pay that men and women

Why Immigration Reform is a Good Thing for Housing

Immigration reform has been a hot topic the last month or so, though the politics of the issue obscures one main fact: that immigration is good for housing! U.S. immigration policy has always been among the more prominent issues

Don't Worry – Housing Bubble Rumors Are Bogus

Some overzealous folks have begun throwing around the “bubble” word in their coverage of the current housing market, but such statements are way off. Home prices on the national scale have been doing quite well in recent months; in

New Home Sales for April Show Promise for Housing Market Recovery

New home sales in April increased from last March and exceeded economists’ expectations New home sales for the month of April were at a seasonally adjusted annual rate of 454,000, up 10,000 from last March, according to the latest

Existing-Home Sales Underwhelm in April?

Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent

This is How Gen Y Will Revolutionize Housing

Generation Y, the 80 million or so Americans born between 1979 and 1995, are expected to reverse the last 60 years or so of housing policy in the U.S. One of the more persistent questions among housing analysts is

Less Than 1 Percent of Today's Mortgages are Bad

The housing market cannot truly recover without a healthy mortgage market, but new research from LPS shines an optimistic light on the topic. Homes sales are up, inventory has stabilized, and by many accounts, new construction it putting up

Realtor Income Up 25 Percent in 2012

The year 2012 was a very good year for Realtors, with both business activity and incomes up for the second straight year, according to the latest member profile from the National Association of Realtors (NAR). That’s after nine straight

Obama Scorecard Details Improvement

The Obama administration’s foreclosure mitigation programs provided relief to millions of distressed borrowers recovering from the housing market over the past four years. The Making Home Affordable Program has assisted nearly 1.6 million homeowners since its inception in 2009,

Successful Startups’ Hiring Practices – What Real Estate Startups Can Learn

One of the biggest challenges of launching a new business is finding like minds to hire that will help take your company to the next level, and startups are constantly forced to make these decisions, not only in the

Housing Starts Plunge, Building Permits Soar in New Census Bureau Data

The Census Bureau’s latest new construction numbers were a topsy turvy bunch, with housing starts plunging but building permits soaring. If the Census Bureau’s latest numbers are any indicator, April was a wild month for new housing construction in

Builder Confidence Surges in May

Builder confidence for both the general housing market and the 55+ market increased in May on the strength of homebuyer urgency. Builder confidence at all levels of the homebuilding industry showed some of its strongest numbers in years in

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