National News

NAHB: Builder Confidence Holds Firm in February Housing Market Index

Builder confidence held firm in February’s Housing Market Index, falling just one point from January to a rating of 46, according to the National Association of Home Builders (NAHB). Despite the decline, the Housing Market Index has risen strong

CoreLogic: Half of Today's Mortgages Do Not Meet QM Standards

Roughly half of today’s mortgage originations do not meet the standards of the Consumer Financial Protection Bureau’s qualified mortgage rule, according to analysis by CoreLogic. As CoreLogic explained in its February MarketPulse Report, 52 percent of today’s originations would

National Mortgage Delinquency Rate Down 14 Percent in 2012

The national mortgage delinquency rate, which tracks how many of the nation’s borrowers are seriously delinquent on their mortgages, fell in 2012’s fourth quarter, declining from 5.41 percent in the third quarter to 5.19 percent in the fourth, according

Pressure Mounts for President Obama to Fire Ed DeMarco

Well, it was bound to happen sooner rather than later. House Democrats have renewed their calls for President Obama to fire Ed DeMarco, the acting director of the Federal Housing Finance Agency (FHFA) who has single-handedly stalled the government’s

Real Estate Love – A Zippy Approach

She ruled in beauty o’er this heart of mine, A noble lady in a humble home, And now her time for heavenly bliss has come, ‘Tis I am mortal proved, and she divine. “Soleasi Nel Mio Cor” by Petrarch

Obama's State of the Union Comes Up Short on Housing Policy

The housing market received some well-earned recognition last night in President Obama’s State of the Union address, with the president praising the market’s rising home prices, strengthening purchase market and the rebounding construction

NAR: Typical Realtor Less Experienced in 2012 Than in 2011

The typical Realtor was less experienced in 2012 than in 2011, according to the latest numbers from the National Association of Realtors (NAR), which found that Realtors last year had, on average, 11 years of experience, down from 12

Related Midwest Announces Sales Launch of South Loop Luxury by Related

Related Midwest announced the official launch of sales at the South Loop Luxury by Related, a collection of 500 re-imagined residences across three buildings. Demand for this opportunity has been strong prior to the official sales launch, with 40

Will Obama Adress Housing in His State of the Union?

Tonight, President Obama will deliver the first State of the Union address of his second term, and along with the expected comments on gun control, climate change and immigration, recent reporting by the Washington Post suggests that housing policy could

List Your Property on a Friday, Or Suffer the Consequences

A wide number of factors contribute a listing selling for its ultimate price, but recent research suggests that the home’s timeliness could add thousands to the final sale

Real Estate Photography Copyright Issues Persist

For years, the arguments surrounding real estate listing data have been contentious, loud and beaten to death, but the disagreements persist. Last summer, we dissected various terms of service to reveal that many entities sign over their rights to

Is the Case-Shiller Flawed? 3 Things to Consider

The monthly release of Standard & Poor’s Case-Shiller Home Price Indices is always a red letter day for the housing market, an authoritative indicator on where the housing market is headed. The reason for that importance is simple –

Home Offers/Tour Requests Skyrocket in Redfin Real-Time Demand Pulse

Homebuyer demand has started out the year incredibly strong, according to Redfin’s February Real-Time Demand Pulse, a measure of both home tours and signing offers with Redfin

3 Reasons Your Clients Should Buy Now

The latter winter months are often an awkward time for prospective homebuyers; though competition for real estate is sparse, inventory is often slim as well, and homebuyers are often caught between a rock and a hard place – buy

Consumer Confidence Continues to Climb in National Housing Survey

Consumer confidence in the housing market continued to climb in Fannie Mae’s January National Housing Survey, as more and more consumers approved in the direction of the housing recovery. Most notably, the percentage of survey respondents who thought that

NAHB Improving Markets Index Swells to 259 Areas in February

The National Association of Home Builders’ (NAHB) Improving Markets Index expanded to 259 metropolitan markets in February, according to the latest tally from the NAHB. That’s up from 242 in January, and all 50 states now feature at least

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