National News

CFPB Announces Qualified Mortgage Standards – What You Need to Know

Well, it’s finally happened. After months of speculation, the Consumer Financial Protection Bureau (CFPB) has finally announced its qualified mortgage standards, which are the new, defining lending guidelines for the nation’s

When Renting Became More Expensive Than Owning

Proponents of renting have often argued that renting is less expensive that owning, and admittedly, the argument makes sense; after all, renters do not have to worry about repairs, insurance or property taxes, among the other additional costs owners

$8.5 Billion Mortgage Settlement Offers Relief to Borrowers

Federal regulators put the finishing touches on an $8.5 billion mortgage settlement with 10 of the nation’s largest lenders earlier this week, with the majority of the funds going towards delinquent homeowners in danger of losing their homes. With

IPO Fever Catching on with Housing Market

Things have been looking up for the housing market heading into 2013, and we’re not just saying that because shadow inventory is falling, home sales at their highest mark in years and consumer confidence in the housing market is rising.

Real Estate-Related Google Searches Spike 253 Percent Since 2008

Real estate-related searches on Google have catapulted 253 percent since 2008, according to a joint study by Google and the National Association of Realtors (NAR). In addition, the report, titled The Digital House Hunt: Consumer and Market Trends in Real

Fannie Mae National Housing Survey Reveals Great Expectations

It looks like avoiding the apocalypse may have put consumers in the mood to buy. Americans continue to report confidence in the housing market despite concerns for their personal finances and the overall economy. Respondents to Fannie Mae’s December National

NAHB Study: Average Homeowner to Stay in Home For 13 Years

A new study from the National Association of Home Builders (NAHB) has found that the typical buyer of a single-family home will stay in the property for 13 years before moving out. That’s down from 16 years in 2011

Gen Y Has Spoken: Amenities > Square Footage

You’ve read all about Gen Y already: they plan to eventually buy, are reshaping the multifamily market and have positive feelings toward the housing market, in general. But a new study found data that’s valuable to any agent with Gen

Shadow Housing Inventory Continues to Fall, Down 12.3 Percent in Oct

So far, news for 2013 is optimistic: shadow housing inventory continued to decline in the autumn months, falling by 12.3 percent year-over-year in October, according to the latest estimates from CoreLogic. In total, there were 2.3 million units in

Possible Change to LEED Rating System Proves Controversial

When the U.S. Green Building Council met to discuss changes to its Leadership in Energy and Environmental Design (LEED) rating system in December, it was met with resistance and controversy from several manufacturers. In fact, the manufacturers formed a group,

Pending Home Sales Index Hits Highest Level Since April 2010

The Pending Home Sales Index showed considerable signs of life in November, increasing 9.8 percent year-over-year and hitting its highest level in more than two years, according to the latest readings by the National Association of

New Single-Family Home Sales Hit Two-Year High in November

New single-family home sales increased 4.4 percent from October to November, hitting their highest mark since April 2010, according to the latest numbers from the U.S. Census Bureau and the Department of Housing and Urban

Asking Prices Increase 5.1 Percent in December Trulia Price Monitor

Asking prices increased 0.7 percent from November to December and 5.1 percent year-over-year in the latest Trulia Price Monitor, which studied the asking prices of for-sale homes listed on Trulia in

Did the Housing Market Escape the Fiscal Cliff Unscathed?

We knew it would go down to the wire – after countless discussions, negotiations and stories by the media, Congress finally reached an agreement to avert the so-called “Fiscal Cliff,” and the housing market, upon initial impressions, seems to

Residential Construction Spending Up in November

Private residential construction spending increased again in November, rising 0.4 percent from October to November in what is shaping up to be an encouraging 2012 for residential construction, according to the latest data from the Census

5 Real Estate Trends to Watch For in 2013

Well, 2013 has finally arrived, and it brings with it a housing market that, in the view of every major real estate analysts – from the NAHB, to the Wall Street Journal, to CoreLogic – is on the path to

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