A mill fire in the British Columbia is impacting the current price of lumber, though the future for the construction material is still debatable. The result of wood dust, the fire has pushed the Random Lengths Framing Lumber Composite

Foreclosure rates continued their year-over-year declines in CoreLogic’s National Foreclosure Report for March, a monthly assessment of the foreclosure markets. The 69,000 completed foreclosures in March 2012 were 14,000 less than in March 2011, though they were a slight

The jumbo loan market, once a dominant force in mortgages, is a shadow of its former self, and with the Dodd-Frank legislation pending, some are wondering when the super-sized lending option will make a true return to the housing

In survey after survey, Americans reaffirm their interest in owning a home, but a new obstacle is hindering that dream for recent college graduates – student debt. Now totaling more than $1 trillion, according to a recent report from

Falling home values have been one of the more stubborn inhibitors to a true housing recovery, but new research by Clear Capital has found no such problems in the REO market. According to a HousingWire article on the research,

After tacitly supporting the policy and hinting at a definitive approach, the FHFA has delayed its decision on principal reductions. Facing mounting support for the policy, Acting Director Ed DeMarco reversed himself somewhat in early April when he came

The minute the clock struck midnight early this morning, all broker and salesperson licenses expired in Illinois and new rules officially began covering who could practice real estate in the land of Lincoln and what requirements they needed to

After a couple of mild months, construction spending rebounded in March, according to new data from the U.S. Census Bureau. For the month, spending was up 6.0 percent from March 2011 to a seasonally adjusted annual rate of $808.1

Freddie Mac’s average 30-year FRM fell again last week to 3.88 percent, an incredible 0.90 percent lower than April of 2011. Though low rates have become a seeming custom in recent months, an article from CNN Money offers one essential reminder –

Rental vacancies and the homeownership vacancy rate both fell in 2012’s first quarter, according to new data from the Census Bureau. For rentals, vacancies have been on a steady decline since 2010, when the rate was 10.6 percent in

By now, every agent has heard at least once how important the Internet is (heck, our entire last issue was devoted to it), but a new survey from HomeFinder.com has reaffirmed the continuing importance of real estate agents. In

Few sectors of real estate were hit harder in the recession than new construction, but projections from noted economist suggest times may be changing. According to economists from the National Association of Home Builders (NAHB) and other firms, a

An acquisition that would merge the two largest commercial MLS services in the nation has come under fire from the Federal Trade Commission (FTC) for its anti-competitiveness. The merger, in which CoStar would purchase LoopNet, is an $860 million

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