News / Features

$1 Billion Realogy IPO Shows Increasing Confidence in Housing

By Peter Ricci Realogy, the real estate services company that owns Coldwell Banker and Century 21, is planning on going public late next week, and its IPO is expected to raise more than $1 billion from investors, according to

Residential Construction Spending Up 0.9 Percent in August

By Peter Ricci Residential construction spending increased 0.9 percent from July to August to a seasonally adjusted annual rate of $273.5 billion, according to new numbers out today from the U.S. Census Bureau. Overall, private construction spending was down by

Want Valuable Real Estate? Look to Street Names, Trulia Finds

By Peter Ricci When you’re around the housing industry long enough, you begin to see the common traits of valuable real estate – strong schools, great trim work, decent lots, and of course, the specific geographical location of the

3 Reasons Your Home Sellers Should List Their Properties in the Fall

By Peter Ricci Autumn is a season of many things – pumpkins, darkening foliage, and, of course, Jack Skellington – but it is not a season known for selling homes. As many an agent will attest, home sellers often

JPMorgan Chase: Shadow Housing Inventory Down 1.2 Million in 2012

Shadow housing inventory declined by 1.2 million in the first half of 2012, according to a new study by JPMorgan Chase of the ominous housing stock. The shadow market peaked at six million in 2010, and JPMorgan estimates that banks, through

25 Percent of Americans Say Election a Factor in Homebuying Decision

By Peter Ricci Who says the political process doesn’t effect homebuying? According to a new survey from MortgageMarvel.com, 25 percent of Americans are taking the upcoming presidential election into consideration in their homebuying decisions. Conducted online by Harris Interactive, the survey

Pending Home Sales Index Up 10.7 Percent in August

By Peter Ricci The Pending Home Sales Index from the National Association of Realtors (NAR) declined in August, falling 2.6 percent from July but rising 10.7 percent from August 2011. The index fell from an upwardly-revised 101.9 in July

Romney Doubles Down on Housing Policy, But Does Policy Mirror Obama's?

By Peter Ricci Mitt Romney doubled down on his earlier promises and commitments for the U.S. housing market late last week, releasing a white paper that contained more information about some of the policy initiatives floated on his campaign

Census Bureau: New Residential Home Sales Increase 27.7 Percent

By Peter Ricci New residential home sales increased 27.7 percent year-over-year in August to a seasonally adjusted annual rate of 373,000, according to the latest joint report from the U.S. Census Bureau and the Department of Housing and Urban development. From

Mortgage Delinquencies Decline 10 Percent in LPS' August First Look

By Peter Ricci The U.S. mortgage delinquency rate declined by 10.6 percent year-over-year in the August First Look report from Lender Processing Services, an analytics firm that studies the mortgage markets and real estate industries. A study of approximately

FHFA Targets Five States, Including Illinois, For New G-Fees

In an effort to recover past losses, the Federal Housing Finance Agency (FHFA) is considering new g-fees in five states most affected by the housing downturn. Labeling its losses as “exceptionally high,” the FHFA has selected Connecticut, Florida, Illinois,

Obama Scorecard: Fewer Americans Underwater, But Housing Remains Fragile

By Kerri Panchuk The number of underwater borrowers is down from late 2011, but housing is far from on the mend, the Obama Administration said. In the administration’s August Housing Scorecard, the report shows the number of upside-down borrowers

Bigger is Better for Foreign House Hunters: Dutch, Irish and Brits Want Bigger Homes

By Tara Steele, AGBeat While the average homebuyer in America is searching for smaller and smaller homes every year, foreign seekers looking at American properties are searching for big

More Than One Million HAMP Mods Canceled

By Jon Prior The one millionth Home Affordable Modification Program (HAMP) trial or permanent workout failed in July, according to the latest Treasury Department data. A total of 770,834 borrowers failed to finish either a three-month trial or were

Trulia IPO Starts With a Bang, Shares Up 41 Percent

By Peter Ricci Well, so much for our Trulia IPO skepticism – the real estate website became the latest tech darling yesterday when it’s stock hit the New York Stock Exchange, rising 41 percent and closing at $24 a

NAHB Housing Market Index Hits Highest Mark since 2006

By Peter Ricci National Association of Home Builders/Wells Fargo Housing Market Index rose for the fifth consecutive month in September, rising three points and reaching its highest level since June of 2006. A measure of builder confidence in the

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