News / Features
By Peter Ricci RealtyTrac, the oft-quoted real estate research firm based in Irvine, California, generated considerable buzz a couple weeks back when it published a stinging study arguing that nearly every available housing metric had worsened under President Obama’s watch. With
By Peter Ricci The latest data from the Bureau of Economic Analysis, which looked at the U.S. economy in the third quarter, was good but unspectacular – a 2 percent annual rate of growth, up from 1.3 percent in
By Tara Steele, AGBeat According to newly released data from the National Association of Realtors (NAR), the Pending Home Sales Index (PHSI), a measure of contract signings, rose 0.3 percent in September from August, barely cause for any noise.
By Peter Ricci Zillow has completed its fourth major acquisition in just 18 months, purchasing the real estate shopping website Buyfolio for an undisclosed sum. A fun, streamlined approach to online home shopping, Buyfolio is a New York City-based
By Peter Ricci Residential construction spending increased modestly in September, rising 2.8 percent from August’s revised totals to an annual rate of $285.9 billion, according to the latest numbers from the Census Bureau. After four years of precipitous declines,
By Peter Ricci Housing construction has been posting some of its best numbers in years the last couple months, but some analysts are worrying that mounting building costs could threaten the industry’s momentum. As the Wall Street Journal recently reported,
By Peter Ricci This is Halloween, the day when pumpkins scream in the dead of night, children trick or treat until the neighbors die of fright and real estate agents sell property with all their might! Alright, that may
By Natalie Terchek The real estate market place Zillow introduced pre-market inventory to its home search experience. Shoppers are now able to search for and find information on 1.2 million pre-foreclosures and foreclosed properties, for free. These homes are not yet
By Peter Ricci One of the more interesting real estate surveys out there is the HousingPulse Tracking Survey from Campbell Surveys and Inside Mortgage Finance, a broad look at the real estate markets and the preeminent issues and trends on agents
By Peter Ricci The mortgage markets have been bracing themselves for new regulations ever since the passing of the Dodd-Frank regulatory bill in 2010, and a new study from the American Action Forum on the qualified mortgage rule, Basel
By Peter Ricci “Boomerang buyers” are just like any other prospective homebuyer, except with one key difference – as the clever name would suggest, they are returning to the homeownership market after going through a foreclosure during the housing
By Peter Ricci According to a new survey jointly conducted by the Department of Psychology at the University of Central Florida (UCF) and technology firm Merge, 64 percent of agents said they update clients weekly or several times weekly. But this communications
Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank, and the 13th largest originator in the country (Inside Mortgage Finance, Second Quarter 2012) continues to outpace the industry in permanent modifications in the government’s Home Affordable Modification Program
David Dubin, developer and CEO of the Chicago-based Dubin Residential, has been ordered to pay more than $15 million to his lender after defaulting on loans tied to two planned projects on the South Side. Court records show that
By Peter Ricci The Architecture Billings Index, a leading measure of growth in the commercial and multifamily sectors of real estate, grew at its fastest pace since 2010, rising from 50.2 in August to 51.6 in September. A measure
By Natalie Terchek Fannie Mae (NFMA/OTC) released a statement announcing enhancements on it’s HomePath properties, making the REO sales process easier and more efficient. Starting this week, real estate professionals may access Fannie Mae offer documents online through their
