News / Features

Stability Key Feature in Obama's April Housing Scorecard

Greater stability and sales activity were the big takeaways from the Obama White House’s latest Housing Scorecard, a detailed report on the nation’s housing market. Released in conjunction with the U.S. Department of Housing and Urban Development (HUD) and

Housing Values Increase in CoreLogic Price Index

Home values increased 0.6 percent from February to March in CoreLogic’s Home Price Index (HPI) for the first time since July 2011. Though prices did decline by 0.6 percent from March 2011 to March 2012, they also rose by

Improving Markets Index Retain Triple-Digit Status

The NAHB’s Improving Markets Index (IMI) held steady at 100 in May, the second month in a row of triple-digit totals for the index. First released last summer, the IMI has grown by wide margins in the months since,

FHFA Puts Finishes Touches on REO-to-Rental Program

The Federal Housing Finance Agency (FHFA) is putting the final finishing touches on its closely watched REO conversion program, according to FHFA official Meg Burns. A plan to sell distressed Fannie Mae properties to investors, who will then rent

Despite Soft Jobs Report, Housing Attitudes Stabilizing

The U.S. economy added 115,000 jobs in April, a relatively small amount that nonetheless reduced the unemployment rate, according to the latest data from the Bureau of Labor Statistics, but homeowner interest remains high in Fannie Mae’s latest National

Millennials Now Outnumber Boomers

By Lani Rosales, AGBeat Do you know who your clients are? It seems that today, the type of client you have – one who prefers texting and Facebook vs. one who will only communicate through phone calls – depends

Non-Conforming Practices in Lending

The federal conforming loan limit was one of the most highly contentious issues in the tail end of 2011, but based on recent statistics, all that controversy seems to have been for naught. Originally passed in late 2008 to

Mansion vs. McMansion

Just as many consumers ponder what McDonalds burgers are really made of, real estate professionals and journalists ask an equally probing question: What is a “McMansion”? According to research completed by Brian Miller, a sociologist at Wheaton College who has

Supply-Side Economics in the Construction Field

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 Fall in Latest CoreLogic Report

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

Lenders Take Tiny Steps Into Jumbo Market

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

Student Debt Crisis Poses New Challenges for Agents

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

REO Properties Buck Housing Trends with Rising Prices

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,

FHFA Delays Principle Reduction Decision

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

Last-Minute Submissions Cloud IAR Membership Totals

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

Construction Spending Rebounds in March

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

New Subscribe

  • This field is for validation purposes and should be left unchanged.