National News

Is the Next Housing Crash Coming in 2020?

Though the housing market is finally hitting its recovery stride, a University of Utah researcher suggests another housing crash will take place in 2020, and from a most unlikely source – senior citizens. Early last year, the housing market

What Will Homebuyers Do in 2013?

The combination of low housing inventory and rising home prices is creating a big boost in activity among 2013’s potential homebuyers, Redfin finds. The current housing market is certainly an interesting one. Though numerous sectors of the housing market

5 Signs that Residential Construction is Back

Residential construction suffered a heavy blow when the housing market collapsed in 2008, but it’s showed definite signs of recovery in recent months. Few industries suffered more setbacks than residential construction during the housing downturn; the last couple months,

Where Have All the Construction Workers Gone?

Although the construction industry seems to be rebounding, builders are having a tough time finding the right workers for the available jobs. Few areas of the economy were more affected by the economic downturn than the construction industry. Through

New Residential Construction in January 2013

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced January 2013 residential construction statistics: BUILDING PERMITS  Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 925,000. 

McGraw-Hill Finds The Future Of Construction

McGraw-Hill Construction reported on December contracts for future construction in the metropolitan statistical area of Chicago-Naperville-Joliet, consisting of Cook, DeKalb, DuPage, Grundy, Jasper, Kane, Kendall, Kenosha, Lake, McHenry, Newton, Porter and Will counties in Indiana, Wisconsin and Illinois. According

Lawler: More Homebuilder Results for Last Quarter

The nation’s largest homebuilders, including D.R. Horton, Ryland Group and PulteGroup, reported a very promising fourth quarter, offering a strong confirmation that the U.S. housing construction sector has turned the corner. D.R. Horton, for instance, the nation’s largest homebuilder,

45 Percent of Consumers See Home Prices Rising in 2013

Americans’ price expectations have increased to a record high, according to Fannie Mae’s February 2013 National Housing Survey results, while views on their personal financial situation, household income and the direction of the economy fell or remained

Will Lending Standards Ease at All in 2013?

It’s become the eternal question in real estate – when oh when will lending standards ease up? Though the housing market has put up some of its strongest numbers since 2006, the mortgage markets, from the perspective of many

Foreign-Born Homeowners Expected to Number 2.8 Million by 2020

The number of foreign-born homeowners in the U.S. is expected to rise more than 16 percent and hit 2.8 million by 2020, according to new research sponsored by the Mortgage Bankers Association’s Research Institute for Housing America. According to the

CoreLogic Home Price Index Rises 9.7 Percent in January

The CoreLogic Home Price Index put up its best numbers in nearly seven years in January, with national home prices rising 9.7 percent year-over-year. That’s the 11th consecutive month of of home price increases, and the largest yearly increase

Student Loan Debt and Homeownership – A Tricky Combination

After issuing sweeping judgements on mortgage lending, mortgage servicers and appraisals, the Consumer Financial Protection Bureau (CFPB) has set its sights on another controversial aspect of the homebuying and selling process: the highly lucrative private student loans

Mortgage Delinquencies/Foreclosures Show Improvement in 2012

Every other day, it seems, more information trickles out showing that the real estate markets are on a slow, yet steady, path to recovery, and Lender Processing Services (LPS) has contributed to that trend with its latest data on

Asking Prices Increase 7.0 Percent in Trulia Price Monitor

Asking prices in February rose 7.0 percent in the Trulia Price Monitor, as the increasing demand in the U.S. housing market continued to push asking prices higher. From January to February, asking prices rose 1.4 percent, and prices are

Freddie Mac Reports First Annual Profit in Six Years

Well, it finally happened. After six years of jaw-dropping losses, many of them in the tens of billions of dollars, embattled GSE Freddie Mac has emerged victorious in 2012, riding the wave of the housing recovery and reporting its

Foreclosure Markets Show Improvement in RealtyTrac Report

The foreclosure markets showed definite signs of improvement in the RealtyTrac U.S. Foreclosure & Short Sales Report, which studied distressed property sales in 2012. Altogether, there were 947,995 distressed property sales in 2012, which is down 6 percent from 2011

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