National News

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

Home Prices Rise 8.3 Percent in CoreLogic Home Price Index

Home prices rose a robust 8.3 percent year-over-year in December according to the latest CoreLogic Home Price Index. That’s the biggest increase since May 2006 and the 10th consecutive monthly increase for the Home Price Index; additionally, prices increased

Housing's Positives to Strengthen, Spread to Other Industries

A number of prominent economic analysts are anticipating good things for the housing market in the coming months, with home prices, mortgage delinquencies and foreclosures all moving in positive territories and further strengthening the already recovering industry. The end

Asking Prices Up 5.9 Percent in Trulia Price Monitor

Asking prices increased 5.9 percent year-over-year in January in the latest Trulia Price Monitor, an assessment of all the asking prices on the website’s

Prudential: Homeownership Remains Important to Young Americans

By Peter Ricci It was just last week that we reported on a rather spectacular analysis of the U.S. rental markets, which found that rental demand would rise by 6.6 million units in the next three years. Fresh off

Back on Top: Real Estate Ranked Best Industry to Work In!

Despite a recession, economic adversity has done little to quell the passion of real estate professionals for their industry. According to the newest survey by WorkPlace Dynamics on U.S. businesses and industries, real estate was the nation’s best industry to work

Construction Spending Increased 9.2 Percent in 2012

Construction spending increased 9.2 percent in 2012, according to the latest analysis by the U.S. Census Bureau, closing out what has been the most positive year for the construction industry in the post-bubble housing

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