News / Features
Mortgage servicers, namely the nation’s five largest banks, will have to adapt their business models to new timelines starting this week for short sales, as some of the regulatory aspects of the state attorneys general mortgage settlement are implemented
Listed inventory on Realtor.com fell by 22 percent in February compared with a year ago, but according to the site, that drop was accompanied by a 6.8 percent increase in asking price, which signified a greater interest from prospective
Policy makers at the Federal Reserve raised their expectations for the economy in 2012, with stronger-than-anticipated results in employment and consumer behavior motivating the positive change in perspective. The Fed said it expects moderate economic growth and gradually declining
Baird & Warner has unveiled an unconventional ad campaign that addresses theresidential sales market head-on and encourages consumers to see the possibilities of how homeownership can lead to a more fulfilling
Federal Reserve Chairman Ben Bernanke attempted to calm the nerves of community bankers earlier today with a pre-recorded message directed at the pending effects of the Dodd-Frank financial regulatory bill. Appearing before the Independent Community Bankers of America convention in
Spring is often seen as a time for growth and rebirth, and those metaphorical aspects, based on new estimates and projections from some of the nation’s largest homebuilders, have rarely been more appropriate. According to Barclay Capital analysts, 2012
A new index from Zillow has found an inverted relationship between median rental prices and home values last year, with rents rising 3 percent from January 2011 to January 2012 and home values falling 4.6 percent. Released for the
Freddie Mac ate its latest serving of humble pie late last week when it reported yet another year of losses and made an additional request for funds from the U.S. Treasury, but it also dampened the news with some
Construction employment may have been down slightly in February, but it is part of a larger trend in the jobs market that points to a slow, but sustainable growth for the U.S. economy through 2012 and beyond. For February, construction jobs
Hispanics are anticipated to contribute in transformative ways to the U.S. housing market in the coming years, according to an expansive study of the increasingly prominent demographic by the National Association of Hispanic Real Estate Professionals
The Department of Housing and Urban Development released data last week that both GSE and its own REO inventories were reduced by nearly 50 percent in 2011, a result of both higher sales and the robo signing-inspired foreclosure freeze.
Save the Date! The Federal Housing Finance Agency (FHFA) has officially committed to a Dec. 31 end date for establishing a securitization plan for Fannie Mae and Freddie Mac, the long-troubled GSEs that the agency is slowly winding out
By Peter Ricci A new bill approved by the Illinois House would prohibit cities, counties and other local government bodies from raising property taxes on homeowners for years when the assessed value of their home declines. Passing by a
By Amanda Lopez, AGBeat.com When you are a Realtor with the itch to be an indie broker, one of the hardest decisions you will make is what type of brokerage you want to build. Realizing this early on is
By Tara Steele, AGBeat.com Economic indicators show housing is improving, and while recovery is not necessarily imminent, housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors’ (NAR) Housing
By Peter Ricci Default risk for American homeowners fell to its lowest level in seven years in the first quarter of 2012, according to the latest Default Risk Index from University Financial Associates (UFA), with improving economic conditions being
