National News

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NAHB: Permits and confidence grow, but tariff trouble looms

The latest survey of U.S. homebuilders by the National Association of Home Builders finds that confidence within the industry remains generally high despite some persistent headwinds. The NAHB/Wells Fargo Housing Market Index (HMI) for September remained unchanged from the

Real Estate in Brief: Florence threatens 750,000 homes, Sherwin-Williams announces color of the year and more

Hurricane Florence made landfall in North Carolina last Thursday. With three states in Florence’s sights, new data from Core Logic shows 758,657 homes in North Carolina, South Carolina and Virginia are at risk of being flooded. While Florence has

Coldwell Banker Real Estate announces new chief operating officer

Liz Gehringer, tenured senior vice president and chief ethics and compliance officer of Realogy Holdings Corp., was named the new chief operating officer for Coldwell Banker Real Estate LLC. Gehringer will be working under Coldwell Banker president and CEO, Charlie Young, while overseeing the brand’s field

Baby boomers are holding onto their homes as they head into retirement

As the baby boomers gracefully round into their golden years, Trulia found that the already strained housing market tightens a bit further as they hold onto their homes into retirement. Defined as the population born between the years of 1945 and 1964, aging the seniors

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Want to know where home prices will be rising? Look for a new Starbucks

Neighborhood amenities can make a difference on how much buyers want a specific home, and there is one amenity that seems to have a larger impact on home values than any other – Starbucks locations. A recent study by

As Gen Z enters the housing market, here’s what agents need to know

There are already approximately 100,000 Gen Z homeowners and that number will only continue to increase. While they share some concerns with earlier generations about affordability, 83 percent of Gen Z see themselves entering the real estate market within

Real Estate in Brief: Trump, tax breaks, and technology in smart homes

Former President Jimmy Carter is calling for broad reform of the U.S. Department of Housing and Urban Development and advocates for voters to support candidates who promote affordable housing. Carter told CNBC that Trump administration is ignoring a national housing

US home equity growth rates higher in minority communities

Homeowners throughout the U.S. are benefitting from recent home price appreciation by way of swelling home equity values. A Sept. 10 report from the data firm Black Knight estimated that the total value of “tappable” equity for the entire

What are homebuyers looking for in new construction homes?

When searching for a new home, buyers have a lot of ideas about what they are looking for. From the layout to the design elements and even materials and finishes. In order to get an idea of what homebuyers

Average new construction lot size remains at record low

In keeping with a decades-old trend, an analysis of Census Bureau data by the National Association of Home Builders found that the median size of a lot on which a new home was built in 2017 reached a record

Homeownership rate among minorities rising

The homeownership rate among minorities continues to increase, but there is still some progress to be made, according to the National Association of Home Builders. The homeownership rate among all minority groups in the second quarter of the year

Real Estate in Brief: Buyers market predictions, rising rents and more

A panel of 100 real estate economists and industry experts surveyed by Zillow said they don’t expect the U.S. housing market to shift decidedly into a buyers market until at least 2020. According to Zillow’s Q3 Home Price Expectations

More than a third of recent buyers, renters experience ‘neighborhood regret’

Figuring out what new home to purchase includes more than just the house itself. Buyers also look at a number of other factors, including the neighborhood that the house is located in. However, sometimes compromises need to be made

July pending sales miss the mark, led by price growth

New national home sales figures released by the National Association of Realtors Aug. 29 continue to show a housing market that can’t keep pace with prior years of stellar performance. For the seventh month in a row, NAR reported

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Facebook removes certain targeted advertising options amid HUD discrimination complaint

Facebook recently announced changes it will be making to its advertising tools after the company was accused of potentially enabling housing discrimination on the platform. Earlier this month, the U.S. Department of Housing and Urban Development filed a discrimination

US economic growth to outpace housing market

The U.S. economy grew at its fastest pace in four years during the second quarter of 2018, a reflection of low unemployment and greater willingness among consumers and businesses to spend and invest. According to the latest economic forecast

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