News / Features

Realtor Income, Business Increased in 2011, with Comments from Bob Floss, President of CAR, and Tom Krettler, co-President of MORe

After a few difficult years, the income and business of Realtors grew in 2011, according to the 2012 National Association of Realtors Member Profile. A survey of 58,823 NAR members that yielded 6,245 usable responses, the profile found the median

Is Green Homebuilding Transforming the Residential Market?

Green homes have been growing more popular with each passing year, and a new study by McGraw-Hill Construction has discovered exponential growth in the industry. According to its study, officially called “SmartMarket Report: New and Remodeled Green Homes: Transforming

Obama Ramps Up Refinancing Rhetoric

In tune with the campaigning season, President Obama is stepping up his populist rhetoric to drum up support for his home refinancing plan. Originally announced in January during his State of the Union address, the plan would allow homeowners

Housing Affordability at 40-year High, with Comments from Jack Persin, co-President of MORe

Housing affordability has been trending upwards in the post-boom housing market, and according to analytics firm Fiserv, it’s now at a 40-year high. Utilizing data from the Federal Housing Finance Agency, Fiserv studied 380 U.S. markets, and it found

NAHB Advocates Housing Financial Overhaul

NAHB Chairman Barry Rutenberg has become the latest proponent for housing finance reform, arguing in an op-ed for a comprehensive overhaul of the current system. “Our goal is to overhaul the housing finance system to ensure that housing credit

LPS Analytics Reports Higher Home Values in February

Lender Processing Services released its latest Home Price Index (HPI) late last week, reporting that home values increased for just the third time in five years. Covering the month of February, the HIP rose by 0.2 percent from January,

Mortgage Servicers Resist Compensation Changes

Mortgage servicers have one warning for the Federal Housing Finance Agency (FHFA) – keep your hands off our compensation methods, you regulatory agency! As part of a wide-ranging effort by the the FHFA and the Department of Housing and

Shadow Inventory Housing Slowly Decreasing in 2012

A new study out by Standard & Poor’s is estimating it will take 46 months to clear out the nation’s supply of shadow inventory, one month less than predictions from 2011. Liquidation rates for the residential mortgage markets appeared

Builder Confidence Soars in 55+ Market

Builder confidence in the 55+ market posted big year-over-year gains in the first quarter, another sign of 2012 optimism in the construction industry. Overall, the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) increased 10 points to

First Quarter Activity Strong for Median Home Values

Median home values, improving sales and stronger inventories were all features of the 2012 first quarter report from the National Association of Realtors (NAR). Median existing single-family home prices rose year-over-year in 74 out of the 146 metro areas tracked

Mortgage Delinquency Data Spotlights Judicial Divide

After a brief lull in activity, serious mortgage delinquencies picked up in the second half of 2011, according to new report from Foreclosure-Response.org, and along the way, they highlighted some of the most interesting nuances of the judicial handeling of

Realtors to Rally for Homeownership by the Thousands

Thousands of Realtors from across the country are planning a May 17 rally in Washington, D.C. in an effort to ensure that homeownership, housing and real estate issues are still public policy priority as the presidential election season

HUD Modernizes Planning Process with New Technology

The U.S. Department of Housing and Urban Development is launching the eCon Planning Suite, a set of 21st Century data and technology tools to help communities ensure that scarce federal dollars are targeted to where they are needed most

New Chapter in the Homeownership vs Renting Debate

A new chart of analysis has reinvigorated the homeownership vs renting debate, with another nod of economic approval heading for the homeowners’ corner. Assembled by analyst Ben Walsh for Felix Salmon of Reuters, the chart uses the most recent data from

What Wave of Foreclosures?

The wave of foreclosures that many analysts had anticipated has, thus far, failed to materialize (knock on wood), and its absence is making some reconsider the housing market. As the Wall Street Journal explained in a recent story, the biggest

Fannie Mae Avoids Losses in 2012 Q1

Fannie Mae, the much-beleaguered GSE, is reporting a financial scenario for 2012’s first quarter that stands in stark contrast to past reports – it’s positive. After quarterly losses of $6.5 billion in the first quarter of 2011 and $2.4 billion

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