National News
Remarks made by HUD Secretary Shaun Donovan have confirmed the Obama White House has no immediate plans to reform the country’s GSEs “anytime soon.” Though HousingWire, which reported on Donovan’s statement, highlighted the political nature of the policy –
The uptick in construction activity has been one of the major housing topics thus far in 2012, and new stats on orders for the first quarter are continuing that trend. According to the latest data, which was reported by
Quarterly foreclosure activity increased in 2012’s first quarter for 114 of the 212 metropolitan areas followed by RealtyTrac, according to a new study by the research firm. The study, however, was not entirely negative. Though foreclosures did increase in
Month after month, data comes out affirming the rising demand for rental units, and like the wider world of real estate, fresh and unusual details often accompanies it. A recent Wall Street Journal piece on the rent/homeownership dichotomy has presented
The Pending Home Sales Index, a leading measure of future home sales activity from NAR, increased in March, contributing further to the new housing recovery. The index, which is based on contract signings, increased from 97.4 in February to
The new home sales data from earlier today confirms what we’ve been reporting for several weeks now – that a housing recovery is indeed in the works. There remains considerable debate, though, on the nature and extent of that recovery,
The 2010 First-Time Homebuyer Tax Credit was one of the Obama administration’s first big policies for housing, but its impact has been debated since its expiration. And now Dean Baker, a noted economist and researcher, has published a detailed
The latest data on new home sales from the Census Bureau shows that though the market for new housing remains depressed, it is clearly moving toward greener pastures. For March 2012, new single-family home sales were at a seasonally
New analysis of HARP 2.0 is suggesting bold improvements for bank margins and other lending measurements in the second quarter of 2011. Conducted by the firm Keefe, Bruyete & Woods (KBW) and covered by HousingWire, the analysis looked at
Buyers have been on the hunt for once-in-a-lifetime deals in recent months, but an ad hoc index from The Washington Post suggests that strategy may no longer fly. Dubbing its approach the “low-ball index,” the Post looked at the number
Numerous reality television shows spotlighting renovation nightmares have popped up in recent years, and some are questioning their impact on potential homebuyers. Displaying the ugly side of buying a beautiful home, several of the shows were highlighted in a recent article
U.S. News just released its Best Business Jobs list, and real estate agents, boosted by new BLS stats, ranked quite highly in the list. According to U.S. News, over the next few years, businesses in the U.S. are on track to
Housing inventory declined yet again in March, and real estate analysts are debating its implications for the wider housing market. Based on the latest numbers from the National Association of Realtors (NAR), inventory declined from 2.40 million in February
We recently asked whether or not Facebook is a waste of time for Realtors, based on new research from the Pew Research and American Life Project regarding Facebook user behavior. It was determined that no, Facebook was not a
Multifamily real estate was one of the big surprises of 2011, and analysts are expecting big things of the sector in 2012. Fannie, the largest single participant in multifamily mortgage debt, is anticipating a 30 percent jump in multifamily
Despite slower economic activity, Fannie Mae’s Economic & Strategic Research Group still forecasted positive developments in its latest projections. The economy grew at an annualized rate of 3.0 percent in 2011’s fourth quarter, and Fannie anticipates it will grow by
