National News

Real Estate in Brief: Aging in place, ARM growth and more

  Millennials face fewer housing choices as seniors age in place More senior citizens around the U.S. are choosing to age in place rather than sell their homes and move to a retirement community, and those decisions could be

Amazon drops plans for HQ2 in NYC

Only a week after speculation arose that Amazon was reconsidering its plans to build part of its second U.S. headquarters campus in New York City, the company released a statement Feb. 14 confirming it was pulling out of the

NAR releases proposal for Fannie, Freddie reform

Amid new leadership and a pending class-action lawsuit, big changes at Fannie Mae and Freddie Mac appear to be close at hand. The question now for U.S. lawmakers and stakeholders in the mortgage industry is how to carry out

Atlanta more than doubles the national average in 4th quarter price gains

Prices are up nationally, but it’s tough to hold a candle to the rapid increases in Atlanta. The increase in the median price of a single-family home in metro Atlanta during the fourth quarter of 2018 (as compared to

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Real Estate in Brief: Single homebuyers, price growth continues and more

While homebuyers in the U.S. are generally married couples, data from the National Association of Realtors found that 18 percent of homebuyers in 2018 were single women. To drill down more into that demographic, SmartAsset took a look at

Homes sold above list price drop in 2018

After years of houses going for prices above the list value, 2018 saw the biggest drop in years, according to a recent report from Zillow. As of December 2018, 19.4 percent of homes sold above their list prices, the lowest

Low mortgage rates fuel housing market outlook

Only a few months ago, most economists, mortgage lenders and others who closely track the mortgage market assumed interest rates would continue rising through 2019, driving up the cost of home purchases. But several weeks into the new year,

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Homebuyers are frustrated. Can agents help?

It’s widely assumed the process of shopping for a home is easier today than ever, thanks to the proliferation of online search tools and easier access to real estate professionals. But when it comes to succeeding in that search,

Profit for home sellers hits 12-year high

In a year defined by rising home prices, sellers fared well in 2018, according to a new report from Attom Data Solutions. Based on its analysis of public sales records across metro areas with at least 200,000 residents, the

Real Estate in Brief: Overseas investment, shifting strategies and more

There are signs that Chinese investors have begun significantly curtailing their exposure to U.S. real estate, partially in response to fraying relations between the two nations. According to data from Real Capital Analytics reported by the Wall Street Journal

Fed poised to pause on rate hikes

Federal Reserve Chairman Jerome Powell sent the strongest signals yet that the central bank would hold off on raising the key federal funds rate, implying that consumer interest rates like those on home loans may not rise much higher

White House presses for changes at Fannie and Freddie

The White House has made a strong push in recent months for reform at Fannie Mae and Freddie Mac, two government-sponsored enterprises that work to stabilize the U.S. mortgage market. However, the administration’s plans for how exactly it would

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Real Estate in Brief: Hope for homebuilders, FHFA shakeups and more

While the broader U.S. financial market has struggled to recover from a sudden drop in stock prices near the end of 2018, shares of major homebuilders have made big gains. The Wall Street Journal reported that since the start

Price cuts improve affordability for new construction buyers

The residential property market continues to look better for prospective buyers as the trend of falling prices extends into the new construction segment. In the fourth quarter of 2018, according to data from Zillow, more than a quarter of

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Why home remodelers are thinking like real estate brokers in 2019

Homebuilders today are finding their business prospects increasingly pressured by higher costs for materials and skilled labor. Those costs — and financial strain — inevitably trickle down to real estate developers, homebuyers themselves and even the real estate agents

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December home sales show market headwinds subsiding

The most recent existing home sales report from the National Association of Realtors found sales volumes decline on both a monthly and annual basis in the final weeks of 2018. December home closings touched their lowest annual rate since

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