News / Features
By Peter Ricci Mortgage complains reigned supreme in the Consumer Financial Protection Bureau’s (CFPB) semi-annual report to Congress, comprising 43 percent of the 55,300 complaints the agency received from consumers in its first 11 months of existence. The make-up of
By Peter Ricci The shadow knows – that his inventory is severely down! According to researchers at Morgan Stanley, the shadow inventory has fallen 35 percent from its 2010 peak, yet more evidence of stabilizing inventories in housing. The
By Peter Ricci In the real estate community, there is a fire burning – are green homes all that they’re cracked up to be? And more importantly, do they add anything to a home’s value? Such questions have been
By Justin T. Hilley Market concern over the strength of the economic recovery took Treasury yields to new depths, causing both 30- and 15-year fixed-rate mortgages to continue tumbling to historic lows. The Freddie Mac survey showed 30-year FRM
By Joel Kotkin While the economy has been miserable for small businesses, and many larger ones as well, the ranks of the self-employed have been growing. According to research by Economic Modeling Specialists International, the number of people who
By AGBeat Recently, AG columnist Erica Ramus published an editorial entitled, “Realtor Party? Count Me Out,” which stirred passionate support from Realtors across the nation while simultaneously drumming up disagreement from local boards, state associations and the National Association
By Peter Ricci The National Association of Home Builders’ Builder Confidence Index hit its highest mark in five years in July, and based on second quarter home order stats from the nation’s largest builders, the source of such confidence
By Stephanie Sims HousingWire reported today that refinance activity has hit a three-year high, and mortgage applications increased 2 percent from last week, the highest levels since April of 2009. When Facebook founder and one of the world’s wealthiest
By Peter Ricci Pending home sales rose year-over-year for the 14th consecutive month in June, according to the latest Pending Home Sales Index from the National Association of Realtors. A forward-looking index based on contract signings, the Pending Home Sales
By Peter Ricci New residential single-family home sales were up 15.1 percent in June year-over-year, according to the latest data from the U.S. Census Bureau. The increase comes a week after existing-home sales rose 7.9 percent from the year
By Peter Ricci Every week, it seems new analysts and business firms jump on the housing recovery bandwagon, calling the bottom for the embattled industry and looking forward to a brighter future. As housing moves forward, though, there are
Zillow joined the fray of optimism that has swept over real estate analysis the past few weeks with its latest Real Estate Market Report, stating that not only did housing values bottom in February of this year, but they
By Peter Ricci As everyone has probably heard by now, existing-home sales were a bit tepid in June, falling 5.4 percent from May according to the latest data from the National Association of Realtors. The reason for the decline
By Peter Ricci It’s no mystery to anyone that follows the U.S. real estate market that foreign buyers are a major force. In the last year alone, international residential sales were $82.5 billion, a 24 percent increase from the
By Stephanie Sims With its recent announcement that it would stop wholesale lending, Wells Fargo has yet another announcement: the company will also start cutting its Realtor joint ventures that engage in mortgage banking activities due to regulation changes.
Existing-home sale price for all housing types rose 7.9 percent year-over-year in June in the National Association of Realtors’ latest housing report. It’s the fourth straight month of yearly price increases, a streak that has not occurred since 2006.
