After increasing almost 8 percent in August, existing-home sales fell back to earth in September, decreasing 3 percent from August but retaining strong year-over-year gains, according to new data released by the National Association of Realtors (NAR) today. Total sales

Freddie Mac Chief Economist Frank Nothaft released the October 2011 Economic Outlook yesterday, reporting a decrease in homeownership but increase in rental demand. On one hand, Nothaft reported an increase of 1.4 million households that have moved to rental

The Federal Reserve approved a new policy on Monday that aims to clarify how larger financial institutions would handle another systemic shock to the banking sector, though some critics still say the new policy falls short. The plan, which

The U.S. Census Bureau and the Department of Housing and Urban Development announced new data for construction earlier today, the most notable being that housing starts rose 15 percent from August to September. In total, privately-owned housing starts were

The past few months, media outlets have been awash with proposed remedies for falling home prices, but the latest solution comes from an unlikely source: short sales, home sales of distressed homes before they are repossessed and sold by

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The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) rose to 18, an increase of four points from September to October, the highest monthly gain in 19 months. According to the National Association of Home Builders (NAHB),

Budget reductions are a hot topic in Washington right now, and if two bills from the House and Senate are any indication, funds for the Department of Housing and Urban Development (HUD) could be in danger. HUD funds are

Housing inventories, according to data from the National Association of Realtors’ Realtor.com, are down 20 percent from last year to 2.19 million. That’s the lowest level since the site began tracking inventories in 2007, and it poses a unique challenge

The National Association of Realtors (NAR) will release its existing home sales data on Thursday, and housing guru Tom Lawler is predicting a continuation of the sideways growth that has defined home sales for the last four months. Posted

A quick rundown of stats from our real estate news from the week of Oct. 10 – Oct. 14, by the numbers: 35.7 – the percentage that third quarter home sales increased in Lakeview from 2010. Rosie O’Donnell is not

If only all potential homebuyers operated like the baby boomer generation – then business really would be booming! According to a national survey conducted by Coldwell Banker of more than 1300 of its agents, 87 percent of the agents

With home prices falling, and financing and appraisals in a precarious position, the renting market is often mentioned as a rising form of real estate. New data out of the Pew Research Center, though, highlights a remarkable upward trend

In a shocking development, mortgage rates have risen in the last week, riding on the minor optimism from the latest job reports coming out of Washington. After two solid months of declines, culminating in last week’s drop of the 30-year

National Association of Realtors (NAR) President Ron Phipps recently reaffirmed his organization’s support of the mortgage interest tax deduction (MID), a long-accepted cornerstone of the home buying process that, regardless of its several decades of popularity, is threatened by